All Legislation
Resolution16-0617Adopted

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) Covenant House New Jersey, Inc. /279-281 Halsey Street/96/6/Central/$193,500/2010/-$6,153.30 Covenant House New Jersey, Inc. /279-281 Halsey Street/96/6/Central/$258,000/2011/-$8,586.24 Covenant House New Jersey, Inc. /279-281 Halsey Street/96/6/Central/$258,000/2012/-$8,906.16 Covenant House New Jersey, Inc. /279-281 Halsey Street/96/6/Central/$225,500/2013/-$6,659.02 NJ Telecom Exchange Acquisition LLC/401-403 McCarter Highway/902/18/East/$614,200/2013/-$0 NJ Telecom Exchange Acquisition LLC/401-403 McCarter Highway/902/18/East/$614,200/2014/-$0 NJ Telecom Exchange Acquisition LLC/401-403 McCarter Highway/902/18/East/$614,200/2015/-$0 NJ Telecom Exchange Acquisition LLC/393-397 McCarter Highway/902/22/East/$55,100/2013/-$0 NJ Telecom Exchange Acquisition LLC/393-397 McCarter Highway/902/22/East/$55,100/2014/-$0 NJ Telecom Exchange Acquisition LLC/393-397 McCarter Highway/902/22/East/$55,100/2015/-$0 NJ Telecom Exchange Acquisition LLC/1162-1170 Broad Street/906/1/East/$7,584,600/2013/-$70,104.22 NJ Telecom Exchange Acquisition LLC/1162-1170 Broad Street/906/1/East/$7,584,600/2014/-$96,679.88 NJ Telecom Exchange Acquisition LLC/1162-1170 Broad Street/906/1/East/$4,150,000/2015/-$0 NJ Telecom Exchange Acquisition LLC (d/b/a NJ Telecom Exchange, LLC)/1158-1160 Broad Street/906/20/East/$111,900/2013/-$0 NJ Telecom Exchange Acquisition LLC d/b/a NJ Telecom Exchange, LLC)/1158-1160 Broad Street/906/20/East/$111,900/2014/-$0 NJ Telecom Exchange Acquisition LLC (d/b/a NJ Telecom Exchange, LLC)/1158-1160 Broad Street/906/20/East/$111,900/2015/-$0 NJ Telecom Exchange Acquisition LLC/1172-1188 Broad Street/907/1/East/$14,078,000/2013/-$140,205.49 NJ Telecom Exchange Acquisition LLC/1172-1188 Broad Street/907/1/East/$14,078,000/2014/-$193,359.75 NJ Telecom Exchange Acquisition LLC/1172-1188 Broad Street/907/1/East/$7,493,200/2015/-$0 NJ Telecom Exchange Acquisition LLC/1192 Broad Street/908/9/East/$75,600/2013/-$0 NJ Telecom Exchange Acquisition LLC/1192 Broad Street/908/9/East/$75,600/2014/-$0 NJ Telecom Exchange Acquisition LLC/1192 Broad Street/908/9/East/$75,600/2015/-$0 J Costa Realty, LLC/118-120 Johnson Street/933/26.09/East/$699,300/2013/-$3,818.23 J Costa Realty, LLC/118-120 Johnson Street/933/26.09/East/$699,300/2014/-$4,009.59 Additional Information: Total Tax Difference: -$538,481.88 Invitation: Corporation Counsel, May 17, 2016.

Progress

Introduced

Apr 1, 2016

In Committee

May 18, 2016

Passed

May 18, 2016

4

Enacted