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) Diversified Capital-Newark, LLC/145/19/24-30 Commerce Street/Central/$12,985,900/2014/-$31,447.24 Diversified Capital-Newark, LLC/145/19/24-30 Commerce Street/Central/$12,985,900/2015/-$33,556.57 Diversified Capital-Newark, LLC/145/19/24-30 Commerce Street/Central/$11,985,900/2016/-$69,285.04 Diversified Capital-Newark, LLC/145/19/24-30 Commerce Street/Central/$10,985,900/2017/-$501.96 Diversified Capital-Newark, LLC/145/19/24-30 Commerce Street/Central/$10,485,900/2018/-$520.71 IPT Newark DC, LLC/3791/115/640-644 Frelinghuysen Avenue/South/$5,399,600/2018/-$0.00 IPT Newark DC, LLC/3791/115/640-644 Frelinghuysen Avenue/South/$1,999,600/2019/-$127,874.00 Centre Market Building, LLC/150/4/1088-1132 Raymond Boulevard/East/$49,080,300/2016/-$0.00 Centre Market Building, LLC/150/4/1088-1132 Raymond Boulevard/East/$49,080,300/2017/-$0.00 Centre Market Building, LLC/150/4/1088-1132 Raymond Boulevard/East/$49,080,300/2018/-$0.00 Centre Market Building, LLC/150/4/1088-1132 Raymond Boulevard/East/$46,000,000/2019/-$115,850.08 Pavilion Towers, LLC/49/1(B50 L1)/138-162 ML King Boulevard/Central/$18,500,000/2019/-$206,855.00 Pavilion Towers, LLC/451/1(B452 L1)/108-136 ML King Boulevard/Central/$18,500,000/2019/-$206,855.00 Additional Information: Total tax credit difference: -$792,745.60 Invitation: Corporation Counsel