City Council:
A RESOLUTION FROM THE CITY COUNCIL OF
THE CITY OF MOUNT VERNON AUTHORIZING
THE EXTENSION OF THE TAX INTEREST
AMNESTY PROGRAM
Whereas, the COVID-19 pandemic has inflicted severe financial strain upon many residents of Mount Vernon, particularly in meeting property tax obligations, leading to an alarming increase in foreclosure cases; and
Whereas, recognizing the dire circumstances faced by residents, the City Council enacted the Tax Amnesty program on October 25, 2023, subsequently endorsed by the Board of Estimate on October 31, 2024, providing temporary relief by allowing residents to settle City and County principal owed while waiving accrued interest up to February 1, 2024; and
Whereas, the Tax Amnesty program aimed to offer owner-occupied one-, two-, and three-family homeowners the opportunity to stabilize their financial situations and safeguard their homes, with the City benefiting from improved cash flow and resolution of outstanding tax balances; and
Whereas, it is imperative to clarify that this program does not absolve interest and penalties legally owed to the School District or City for past School District taxes; Now, Therefore, Be It
Resolved, the City Council of Mount Vernon hereby adopts a resolution to extend the Tax Interest Amnesty Program Incentive for qualified City residential property owners, providing an extended opportunity for owner-occupied one-, two-, and three-family property owners to address outstanding City and County real property tax liens; Be It Further
Resolved, under this extended program, qualified property owners may receive a 100% abatement of interest accrued after the date that the tax went to lien, provided all outstanding City and County property taxes are paid in full by the close of business on June 10, 2024; Be It Further
Resolved, additionally, participants must settle any outstanding School District taxes and interest for the years ...
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