All Legislation
Resolution15-2116Filed

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) Koshai LLC./892 Broad Street/865/4/East/$500,000/2011/-$0.00 Koshai LLC./892 Broad Street/965/4/ East /$500,000/2012/-$0.00 Koshai LLC./892 Broad Street/965/4/ East /$1,226,600/2013/-$14,074.00 Koshai LLC./892 Broad Street/965/4/ East /$1,226,600/2014/-$14,779.37 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$85,314,000/2010/-$327,985.20 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$85,314,000/2011/-$243,409.92 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$85,314,000/2012/-$252,479.28 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$114,581,600/2013/-$0.00 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$114,581,600/2014/-$0.00 Wells REIT II 80 Park Plaza LLC/1135-1155 Raymond Boulevard/142/1/Central/$114,581,600/2015/-$0.00 520 Broad Street Associates, LLC/8-36 Atlantic Street/12/53/Central/$3,000,000/2012/-$0.00 520 Broad Street Associates, LLC/8-36 Atlantic Street/12/53/Central/$4,400,000/2013/-$29,530.00 Broad Atlantic Assoc., LLC/516-532 Broad Street/24/40/Central/$23,729,600/2012/-$34,520.00 Broad Atlantic Assoc., LLC/516-532 Broad Street/24/40/Central/$42,400,000/2013/-$425,232.00 Fontes, Alexander & Maria/637-641 Market Street/2011/23/East/$2,050,200/2013/-$8,864.91 E&S Hermon Associates LLC/50 Hermon Street/928/4/East/$411,900/2014/-$2,229.62 Additional Information: Total Tax Difference: -$ 1,353,104.30 Invitation: Corporation Counsel, January 5, 2016

Progress

Introduced

Nov 10, 2015

In Committee

Jan 6, 2016

Passed

Jan 6, 2016

4

Enacted