City of Newark - File #: 11-0864

• File #: 11-0864
• Version: 1
• Type: Resolution
• Status: Adopted
• File created: 8/15/2011
• In control: Finance
• On agenda: 9/8/2011
• Final action: 9/8/2011
• 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) Port Hotel Corp/ 20-36 Frontage Road/5084/70/East/$8,200,000.00/2008/$28,589.00 The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2009/$28,611.59 The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2010/$36,201.12 The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2011/$40,188.84 (est) Total Refund/Credit: $133.590.55 Additional Information: N/A Invitation: Corporation Counsel, September 7, 2011

Date	Ver.	Action By	Action	Result
9/8/2011	1	Municipal Council	Adopt	Pass

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)

Port Hotel Corp/ 20-36 Frontage Road/5084/70/East/$8,200,000.00/2008/$28,589.00

The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2009/$28,611.59

The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2010/$36,201.12

The Roseville Tower, LLC/140-148 Roseville Ave/1919/34/West/$3,500,000.00/2011/$40,188.84 (est)

Total Refund/Credit: $133.590.55

Additional Information:  N/A

Invitation: Corporation Counsel, September 7, 2011