All Legislation
Resolution24-1231Adopted

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) Madeira Concrete, Inc./2760/32.01/19 East Runyon Street/South/2014/$300,000/-$1,255.91 Madeira Concrete, Inc./2760/32.01/19 East Runyon Street/South/2015/$300,000/-$1,340.15 Madeira Concrete, Inc./2760/32.01/19 East Runyon Street/South/2016/$300,000/-$1,393.20 Madeira Concrete, Inc./2760/32.01/19 East Runyon Street/South/2017/$300,000/-$1,441.80 Madeira Concrete, Inc./2760/32.01/19 East Runyon Street/South/2018/$300,000/-$1,495.67 MC University Realty, LLC; MC University Parking, LLC/73/15/346-360 University Avenue/Central/2018/$1,557,400/-$0.00 MC University Realty, LLC; MC University Parking, LLC/73.01/31/52-82 Market Street/Central/2017/$13,307,700/-$250,001.00 MC University Realty, LLC; MC University Parking, LLC/73.01/31/52-82 Market Street/Central/2018/$7,793,600/-$0.00 MC University Realty, LLC; MC University Parking, LLC/75/17/40-52 Market Street/Central/2017/$12,061,700/-$0.00 MC University Realty, LLC; MC University Parking, LLC/75/17/40-52 Market Street/Central/2018/$12,313,800/-$0.00 Metropolitan Resurrection, Co./235/11/13 Broome Street/Central/2016/$30,000/-$0.00 Metropolitan Resurrection, Co./235/12/15-21 Broome Street/Central/2016/$267,600/-$15,913.44 Metropolitan Resurrection, Co./235/52/16 Prince Street/Central/2016/$30,000/-$0.00 Mrs. Zees Realty, LLC/1949/10(LOTS MERGED 9,10,11,16,17 IN 2017)/428 5th Street/West/2016/$101,700/-$0.00 Mrs. Zees Realty, LLC/1949/10(LOTS MERGED 9,10,11,16,17 IN 2017)/428 5th Street/West/2017/$101,700/-$0.00 Mrs. Zees Realty, LLC/1949/11(LOTS MERGED 9,10,11,16,17 IN 2017)/418-426 5th Street/West/2016/$532,200/-$8,692.88 Mrs. Zees Realty, LLC/1949/11(LOTS MERGED 9,10,11,16,17 IN 2017)/418-426 5th Street/West/2017/$532,200/-$8,996.12 Mrs. Zees Realty, LLC/1949/11(LOTS MERGED 9,10,11,16,17 IN 2017)/412-432 5th Street/West/2018/$800,000/-$20,961.47 Mrs. Zees Realty, LLC/1949/11(LOTS MERGED 9,10,11,16,17 IN 2017)/412-432 5th Street/West/2019/$800,000/-$21,347.44 Mrs. Zees Realty, LLC/1949/11(LOTS MERGED 9,10,11,16,17 IN 2017)/412-432 5th Street/West/2020/$800,000/-$21,568.80 Mrs. Zees Realty, LLC/1949/16(LOTS MERGED 9,10,11,16,17 IN 2017)/416 5th Street/West/2016/$125,400/-$0.00 Mrs. Zees Realty, LLC/1949/16(LOTS MERGED 9,10,11,16,17 IN 2017)/416 5th Street/West/2017/$125,400/-$0.00 Mrs. Zees Realty, LLC/1949/17(LOTS MERGED 9,10,11,16,17 IN 2017)/412-414 5th Street/West/2016/$220,700/-$0.00 Mrs. Zees Realty, LLC/1949/17(LOTS MERGED 9,10,11,16,17 IN 2017)/412-414 5th Street/West/2017/$220,700/-$0.00 Pilgrim Baptist Church, Inc./114/19/652-658 ML King Boulevard/Central/2019/$804,200/-$68,890.24 Plaza Investors, LLC/2857/9/249 ML King Boulevard/Central/2015/$350,000/-$4,582.97 Plaza Investors, LLC/2857/9/249 ML King Boulevard/Central/2016/$488,500/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/106/370-406 Avenue P/East/2019/$19,774,300/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/106/370-406 Avenue P/East/2020/$19,774,300/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/106/370-406 Avenue P/East/2021/$19,774,300/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/106/370-406 Avenue P/East/2022/$17,503,600/-$84,833.35 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/116/340-368 Avenue P/East/2019/$2,225,700/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/116/340-368 Avenue P/East/2020/$2,225,700/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/116/340-368 Avenue P/East/2021/$2,225,700/-$0.00 Preferred Freezer Services of Newark, LLC(Tenant of Kinross Venture Holdings, LLC)/5060.01/116/340-368 Avenue P/East/2022/$2,225,700/-$0.00 RBH TRB 101 Market, LLC/72/4/101-103 Market Street/Central/2018/$446,300/-$0.00 RBH TRB 101 Market, LLC/72/4/101-103 Market Street/Central/2020/$446,300/-$0.00 RBH TRB 101 Market, LLC/72/4/101-103 Market Street/Central/2021/$446,300/-$0.00 RBH TRB 101 Market, LLC/72/4/101-103 Market Street/Central/2022/$446,300/-$0.00 Additional Information: Total Refund: $512,714.44

Progress

Introduced

Sep 9, 2024

In Committee

Jul 2, 2025

Passed

Jul 2, 2025

4

Enacted