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RESOLUTION AUTHORIZING SETTLEMENT OF ARTICLE 7 PROCEEDING WITH KNOLLWOOD COMMONS AT RED HOOK, LLC

↑Meetings/Resolutions/19-2020
One-time (complete)formal_resolutionone_timeThe Town Board authorizes settlement of the Article 7 tax assessment challenge by reducing assessments for three Knollwood Commons parcels: 6272-10-348506 from $820,000 to $743,307, 6272-10-348532 from $3,324,300 to $3,013,386, and 6272-10-365508 from $820,000 to $743,307, with tax refunds waived.
First seen
2020-04-22
Latest event
2020-04-22
adopted
Expires
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Resolution text

RESOLVED

  1. that the Town Board of the Town of Red Hook does hereby agree to the settlement and to the entry of the consent judgment for reduction of assessment for Petitioner
  2. that the Supervisor and the Town's other officers, employees and agents are hereby authorized and directed for, and in the name and on behalf of the Town, to carry out the provisions of the consent judgment
  3. that the Attorney for the Town is authorized to execute such documents as may be necessary to effectuate this resolution
Show preamble — 3 WHEREAS clauses
  • WHEREAS, Knollwood Commons at Red Hook, LLC ("Petitioners"), with real property located in the Town of Red Hook, commenced proceedings pursuant to Article 7 of the Real Property Tax Law challenging the assessment on property located in the Town of Red Hook, Dutchess County, New York and designated as 6272-10-348506, 6272-10-348532 and 6272-10-365508 on the Official Assessment Map of the Town of Red Hook for the tax year 2019
  • WHEREAS, the parties have agreed to settle the proceedings whereby the assessment on the parcels which are the subject of the proceedings will be reduced, corrected and fixed for the 2019/20 tax assessment roll
  • WHEREAS, a proposed consent order and judgment has been presented to the Town of Red Hook for reduction of the assessment for a period of one year, as follows: Tax Map No. 6272-10-348506 for 2019 from $820,000 to $743,307 for a total reduction of $76,693, Tax Map No. 6272-10-348532 for 2019 from $3,324,300 to $3,013,386 for a total reduction of $310,914, Tax Map No. 6272-10-365508 for 2019 from $820,000 to $743,307 for a total reduction of $76,693, which consent order and judgement provides that tax refunds are waived for the amount, if any, paid by Petitioners as taxes on the original 2019-2020 School taxes and 2020 Town and County taxes in excess of what the taxes would have been if said assessment had been fixed as determined in this order

Lifecycle (1 event)

2020-04-22adoptedvote: unanimous
Authorize settlement of the Article 7 tax assessment challenge by Knollwood Commons at Red Hook, LLC, reducing assessments for three parcels totaling $464,300 for the 2019 tax year.
moved by O'Neill · seconded by Kane
Show text snapshot for this event
Resolved
  1. that the Town Board of the Town of Red Hook does hereby agree to the settlement and to the entry of the consent judgment for reduction of assessment for Petitioner
  2. that the Supervisor and the Town's other officers, employees and agents are hereby authorized and directed for, and in the name and on behalf of the Town, to carry out the provisions of the consent judgment
  3. that the Attorney for the Town is authorized to execute such documents as may be necessary to effectuate this resolution
Whereas
  • WHEREAS, Knollwood Commons at Red Hook, LLC ("Petitioners"), with real property located in the Town of Red Hook, commenced proceedings pursuant to Article 7 of the Real Property Tax Law challenging the assessment on property located in the Town of Red Hook, Dutchess County, New York and designated as 6272-10-348506, 6272-10-348532 and 6272-10-365508 on the Official Assessment Map of the Town of Red Hook for the tax year 2019
  • WHEREAS, the parties have agreed to settle the proceedings whereby the assessment on the parcels which are the subject of the proceedings will be reduced, corrected and fixed for the 2019/20 tax assessment roll
  • WHEREAS, a proposed consent order and judgment has been presented to the Town of Red Hook for reduction of the assessment for a period of one year, as follows: Tax Map No. 6272-10-348506 for 2019 from $820,000 to $743,307 for a total reduction of $76,693, Tax Map No. 6272-10-348532 for 2019 from $3,324,300 to $3,013,386 for a total reduction of $310,914, Tax Map No. 6272-10-365508 for 2019 from $820,000 to $743,307 for a total reduction of $76,693, which consent order and judgement provides that tax refunds are waived for the amount, if any, paid by Petitioners as taxes on the original 2019-2020 School taxes and 2020 Town and County taxes in excess of what the taxes would have been if said assessment had been fixed as determined in this order
Subject key: article_7_settlement_knollwood_commons