Red Hook WatchIndependent Community Resource

RESOLUTION AUTHORIZING SETTLEMENT OF ARTICLE 7 PROCEEDINGS WITH THE CHOCOLATE FACTORY AT RED HOOK LLC

↑Meetings/Resolutions/7-2021
One-time (complete)formal_resolutionone_timeAuthorizes settlement of tax assessment challenges by The Chocolate Factory at Red Hook LLC, modifying assessments for two parcels at 54 Elizabeth Street by reducing the front parcel by $1,113,000 annually and increasing the rear parcel by $1,113,000 annually for 2018, 2019, and 2020, with no refunds or corrected tax bills issued.
First seen
2021-01-12
Latest event
2021-01-12
adopted
Expires
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Resolution text

RESOLVED

  1. The Town Board of the Town of Red Hook does hereby agree to the settlement and to the entry of the consent judgment for modification of assessments as set forth herein
  2. 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. The Attorney for the Town is authorized to execute such documents as may be necessary to effectuate this resolution
Show preamble — 2 WHEREAS clauses
  • WHEREAS, The Chocolate Factory at Red Hook LLC ("Petitioner"), 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 and Village of Red Hook, Dutchess County, New York and designated as 6271-11-509538 and 6272-00-504519 on the Official Assessment Map of the Town of Red Hook for the tax years 2018 and 2019 and 2020
  • WHEREAS, The parties have agreed to settle the proceedings whereby the assessment on the parcels which are the subject of the proceedings will be modified and corrected for the 2018, 2019 and 2020 tax assessment rolls, as follows: Tax Map No. 6271-11-509538 (54 Elizabeth Street-Front): 2018 – from $3,013,000 to $1,900,000, for a total reduction of $1,113,000; and 2019 – from $3,013,000 to $1,900,000, for a total reduction of $1,113,000; 2020 – from $3,013,000 to $1,900,000 for a total reduction of 1,113,000; Tax Map No. 6272-00-504519 (54 Elizabeth Street-Rear): 2018 – from $179,300 to $1,292,300, for a total increase of $1,113,000; and 2019 – from $179,300 to $1,292,300, for a total increase of $1,113,000; and 2020 – from 179,300 to $1,292,300 for a total increase of $1,113,000; There will be no refunds or corrected tax bills with respect to any of the above modifications for 2018, 2019 and 2020; The assessment roll for 2021 will be as follows: Tax Map No. 6271-11-509538 (54 Elizabeth Street-Front): $1,900,000; Tax Map No. 6272-00-504519 (54 Elizabeth Street-Rear): $1,292,300

Lifecycle (1 event)

2021-01-12adoptedvote: 4-0 (1 absent)
Adopt Resolution No. 7 authorizing settlement of Article 7 proceedings with The Chocolate Factory at Red Hook LLC by modifying assessments for tax map parcels 6271-11-509538 and 6272-00-504519 for tax years 2018, 2019, and 2020.
moved by McKeon · seconded by Hamel
Show text snapshot for this event
Resolved
  1. The Town Board of the Town of Red Hook does hereby agree to the settlement and to the entry of the consent judgment for modification of assessments as set forth herein
  2. 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. The Attorney for the Town is authorized to execute such documents as may be necessary to effectuate this resolution
Whereas
  • WHEREAS, The Chocolate Factory at Red Hook LLC ("Petitioner"), 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 and Village of Red Hook, Dutchess County, New York and designated as 6271-11-509538 and 6272-00-504519 on the Official Assessment Map of the Town of Red Hook for the tax years 2018 and 2019 and 2020
  • WHEREAS, The parties have agreed to settle the proceedings whereby the assessment on the parcels which are the subject of the proceedings will be modified and corrected for the 2018, 2019 and 2020 tax assessment rolls, as follows: Tax Map No. 6271-11-509538 (54 Elizabeth Street-Front): 2018 – from $3,013,000 to $1,900,000, for a total reduction of $1,113,000; and 2019 – from $3,013,000 to $1,900,000, for a total reduction of $1,113,000; 2020 – from $3,013,000 to $1,900,000 for a total reduction of 1,113,000; Tax Map No. 6272-00-504519 (54 Elizabeth Street-Rear): 2018 – from $179,300 to $1,292,300, for a total increase of $1,113,000; and 2019 – from $179,300 to $1,292,300, for a total increase of $1,113,000; and 2020 – from 179,300 to $1,292,300 for a total increase of $1,113,000; There will be no refunds or corrected tax bills with respect to any of the above modifications for 2018, 2019 and 2020; The assessment roll for 2021 will be as follows: Tax Map No. 6271-11-509538 (54 Elizabeth Street-Front): $1,900,000; Tax Map No. 6272-00-504519 (54 Elizabeth Street-Rear): $1,292,300
Subject key: chocolate_factory_assessment_settlement