File #: 11-0272    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 3/17/2011 In control: Finance
On agenda: 4/6/2011 Final action: 4/6/2011
Title: Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Stipulation of Settlements for Tax Appeals List of Property: Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount US Realty Financial Corp./558-560 Broad Street/14/7/East/$2,400,000.00/2009/$10,956.00 US Realty Financial Corp./558-560 Broad Street/14/7/East/$2,400,000.00/2010/$12,720.00 637-647 Summer Ave Assoc. LLC/637-647 Summer Avenue/733/17/North/$1,471,400.00/2009/$7,291.22 637-647 Summer Ave Assoc. LLC/637-647 Summer Avenue/733/17/North/$1,471,400.00/2010/$8,465.16 Yurteri Properties, LLC/139-151 Manchester Place/851/41/North/$1,331,900.00/2009/$13,223.89 Yurteri Properties, LLC/139-151 Manchester Place/851/41/North/$1,331,900.00/2010/$15,353.04 Yurteri Properties, LLC/195-225 Manchester Place/851/43/North/$529,900.00/2009/$0.00 Yurteri Properties, LLC/195-225 Manchester Place/851/43/North/$529,900.00/2010/$0.00 Joseph Street Urban Renewal Co./67-83 Lister Avenue/2423/1/East/$900...

Title

Dept/ Agency: Finance

Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending

Purpose: Stipulation of Settlements for Tax Appeals

List of Property:

Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount

US Realty Financial Corp./558-560 Broad Street/14/7/East/$2,400,000.00/2009/$10,956.00

US Realty Financial Corp./558-560 Broad Street/14/7/East/$2,400,000.00/2010/$12,720.00

637-647 Summer Ave Assoc. LLC/637-647 Summer Avenue/733/17/North/$1,471,400.00/2009/$7,291.22

637-647 Summer Ave Assoc. LLC/637-647 Summer Avenue/733/17/North/$1,471,400.00/2010/$8,465.16

Yurteri Properties, LLC/139-151 Manchester Place/851/41/North/$1,331,900.00/2009/$13,223.89

Yurteri Properties, LLC/139-151 Manchester Place/851/41/North/$1,331,900.00/2010/$15,353.04

Yurteri Properties, LLC/195-225 Manchester Place/851/43/North/$529,900.00/2009/$0.00

Yurteri Properties, LLC/195-225 Manchester Place/851/43/North/$529,900.00/2010/$0.00

Joseph Street Urban Renewal Co./67-83 Lister Avenue/2423/1/East/$900,000.00/2010/$2,385.00

Pereira, Julio O/93-95 New York Avenue/942-47/East/$732,300.00/2008/$2,599.00

RBH Group Partners II LP/69-71 Market Street/72/17/Central/$862,200.00/2009/$1,500.97

RBH TRB 69 Market LLC/69-71 Market Street/72/17/Central/$862,200.00/2010/$1,742.64

RBH Group Partners XV, LP c/o BRT/89-91 Market Street/72/7/Central/$1,244,300.00/2009/$3,774.34

RBH TRB 89 Market LLC/89-91 Market Street/72/7/Central/$1,244,300.00/2010/$4,382.04

Additional Information:  Total Refund/Credit: $84,393.30

Invitation: Corporation Counsel, April 5, 2011