File #: 11-0683    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 6/22/2011 In control: Finance
On agenda: 7/7/2011 Final action: 7/7/2011
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) Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2008/$162,440.10 Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2009/$137,892.22 Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2008/$30,764.36 Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2009/$34,103.29 Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2008/$13,148.34 Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2009/$13,856.60 Total Settlement Amount: Not to exceed $392,204.91 Additional Information: Invitation: Corporation Counsel, July 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)

Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2008/$162,440.10

Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2009/$137,892.22

Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2008/$30,764.36

Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2009/$34,103.29

Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2008/$13,148.34

Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2009/$13,856.60

Total Settlement Amount: Not to exceed $392,204.91

Additional Information: 

Invitation: Corporation Counsel, July 6, 2011