Board of Estimate & Contract:
RESOLVED, that an ordinance adopted by the City Council on February 14, 2024, and signed by the Mayor on February 15, 2024, authorizing a refund to “K&S Real Estate Management Inc.” for overpayment of taxes ($31,875.54 to be satisfied from Account Code A690), be and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING A REFUND
TO “K&S REAL ESTATE MANAGEMENT INC.”
FOR OVERPAYMENT OF TAXES
Whereas, by letter dated January 22, 2024, the Comptroller has requested legislation authorizing a refund of $31,875.54 to “K&S Real Estate Management Inc.” for overpayment of City and County taxes for the year 2020, related to Block 1076, Lot 17; and
Whereas, “K&S Real Estate Management Inc.” has overpaid City and County taxes for the year 2020, totaling $31,875.54, for property identified as Block 1076, Lot 17; and
Whereas, proof of payment has been duly submitted and documented in the Finance Office, available for inspection upon request; and
Whereas, it is necessary for the City Comptroller to authorize the refund of the overpayment to “K&S Real Estate Management Inc.”; Now, Therefore, Be It Resolved That
The City of Mount Vernon, in City Council convened, does hereby ordain, and enact:
Section 1. Authorization for Refund. The City Comptroller is hereby authorized to refund the sum of $31,875.54 to “K&S Real Estate Management Inc.” for overpayment of City and County taxes for the year 2020, related to Block 1076, Lot 17.
Section 2. Source of Funds. The refund amount shall be charged to Account Code A690.
Section 3. Documentation. Proof of payment and overpayment shall be maintained in the Finance Office and made available for inspection upon request.
Section 4. Effective Date. This ordinance shall take effect upon its approval by the Board of Estimate & Contract.