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24-0960

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) Capital Foresight/3691.01/32/87-101 Chancellor Avenue/South/2020/$5,000,000/-$38,000.00 Capital Foresight/3691.01/32/87-101 Chancellor Avenue/South/2021/$4,200,000/-$67,212.00 Caroline Realty c/o Mango/3779/20(28,92)/78-122 Evergreen Avenue/South/2022/$6,352,700/-$37,360.00 Emerita Urban Renewal LLC/145/1/736-752 Broad Street/Central/2015/$23,675,100/-$0.00 Emerita Urban Renewal LLC/145/1/736-752 Broad Street/Central/2016/$23,675,100/-$0.00 Emerita Urban Renewal LLC/145/1/736-752 Broad Street/Central/2017/$23,675,100/-$0.00 Emerita Urban Renewal, LLC/145/1/736-752 Broad Street/Central/2018/$31,345,000/-$2,007,902.57 Emerita Urban Renewal, LLC/145/1/736-752 Broad Street/Central/2020/$29,698,000/-$448,362.00 Emerita Urban Renewal, LLC/145/17(78)/18-22 Commerce Street/Central/2020/$557,400/-$760.00 Newark 536 Broad, LLC c/o BES, INC./24/37/534-536 Broad Street/Central/2024/$5,069,600/-$71,924.01 3 Gateway Center Properties, LLC/151/122.01/94-110 Mulberry Street/East/2021/$48,240,000/-$0.00 3 Gateway Center Properties, LLC/151/122.01/94-110 Mulberry Street/East/2022/$46,975,100/-$47,256.67 3 Gateway Center Properties, LLC/151/122.01/94-110 Mulberry Street/East/2023/$45,000,000/-$120,787.20 Additional Information: Total credits: $2,839,564.88

Resolution Adopted Introduced July 3, 2024
Committee
Finance
Introduced
July 3, 2024
On agenda
August 7, 2024
Passed
August 7, 2024

Where it was heard

Municipal Council Aug 7, 2024 Adopt Pass