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RESOLUTION AUTHORIZING SETTLEMENT OF ARTICLE 7 PROCEEDINGS WITH 7 PINES LLC

↑Meetings/Resolutions/8A-2019
One-time (complete)formal_resolutionone_timeThe Town Board agrees to settle Article 7 tax assessment proceedings with 7 Pines LLC by reducing assessments on two Norton Road parcels for the 2018 tax year and authorizing execution of the consent judgment.
First seen
2019-01-08
Latest event
2019-01-08
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 reduction of assessment for Petitioner
  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 — 3 WHEREAS clauses
  • WHEREAS, 7 Pines 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 of Red Hook, Dutchess County, New York and designated as 6271-00-699958 and 6272-00-926196 on the Official Assessment Map of the Town of Red Hook for the tax year 2018
  • 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 2018 tax assessment roll
  • WHEREAS, a consent judgment has been presented to the Town of Red Hook for reduction of the assessment roll for 2018, as follows: Tax Map No. 6271-00-699958 (Norton Road): 2018 – from $373,300 to $198,800, for a total reduction of $174,500; and Tax Map No. 6272-00-926196 (Norton Road): 2018 – from $376,300 to $304,000, for a total reduction of $72,300; and which consent judgment provides that all tax refunds are to be paid with interest pursuant to Section 726 of the Real Property Tax Law of the State of New York, except that in the event the refund of taxes is paid within ninety (90) days from the date of a service of a copy of the consent judgment with notice of entry, then interest is waived

Lifecycle (2 events)

adoptedvote: unanimous
Authorize settlement of Article 7 tax assessment proceedings with 7 Pines LLC for two parcels on Norton Road.
moved by McKeon · seconded by Kane
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 reduction of assessment for Petitioner
  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, 7 Pines 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 of Red Hook, Dutchess County, New York and designated as 6271-00-699958 and 6272-00-926196 on the Official Assessment Map of the Town of Red Hook for the tax year 2018
  • 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 2018 tax assessment roll
  • WHEREAS, a consent judgment has been presented to the Town of Red Hook for reduction of the assessment roll for 2018, as follows: Tax Map No. 6271-00-699958 (Norton Road): 2018 – from $373,300 to $198,800, for a total reduction of $174,500; and Tax Map No. 6272-00-926196 (Norton Road): 2018 – from $376,300 to $304,000, for a total reduction of $72,300; and which consent judgment provides that all tax refunds are to be paid with interest pursuant to Section 726 of the Real Property Tax Law of the State of New York, except that in the event the refund of taxes is paid within ninety (90) days from the date of a service of a copy of the consent judgment with notice of entry, then interest is waived
2019-01-08adoptedvote: unanimous
Approve Resolution 2019 #8A authorizing settlement of Article 7 proceedings with 7 Pines LLC.
moved by McKeon · seconded by Kane
Subject key: 7_pines_llc_tax_settlement