File #: TMP -1322    Version: 1
Type: Tax Review Settlements Status: Adopted
File created: 4/11/2025 In control: Board of Estimate & Contract
On agenda: 4/15/2025 Final action: 4/15/2025
Title: Tax Settlement for 501 Seventh Avenue South - ($1,754.41)
Attachments: 1. Tax Settlement for 501 Seventh Avenue South - ($1,754.41)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Board of Estimate & Contract:

WHEREAS, proceedings for the review of final tax assessments have been brought against the City of Mount Vernon for the reduction of the final assessed valuations as hereinafter set forth;

WHEREAS, the Mount Vernon City Charter, section 152, provides that the Corporation Counsel shall, whenever he considers that the interests of the City will be subserved thereby, enter into a written agreement subject to the approval of the Board of Estimate and Contract to compromise and settle any claim against the City; and

WHEREAS, upon the recommendation of the Corporation Counsel, this Board of Estimate and Contract deems it in the best interests of the City to settle said proceedings as hereinafter provided; NOW, THEREFORE, be it

RESOLVED, that the settlements of tax review proceedings for the reduction of tax assessments brought in the Supreme Court, Westchester County, by the hereinafter named petitioner against the Commissioner of Assessment and the Board of Assessment Review, which proceedings are filed under the Westchester County Clerk's Index Numbers as indicated, are hereby authorized and directed, and the following assessed valuations of the said properties for the respective years hereinafter set forth are hereby allowed, together with refunds of excess taxes paid hereinafter provided:
INDEX NOS.: 68360/24 PREMISES: 501 Seventh Ave. S
PETITIONER: Pablo Valencia

Tax Map No.: 169.38-3073-1


Assessment
Year(s)

Tax
Year(s)

Prior Total Assessment

Adjusted Total Assessment


Reduction
Tax to be Refunded by City
2024
2025/26
$6,500
$3,000
$3,500
$1,754.41
TOTAL: $1,754.41

TOTAL REFUND: $1,754.41 without costs and with interest, which interest shall be waived by petitioner if the refunds are paid within 90 days of the service of the judgment with notice of entry. Amount of refund based upon calculation and the assumptions that all taxes have been paid at the prior total assessment and all refunds will be paid within...

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