Board of Estimate and 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.:63530/18 PREMISES: 9 West Prospect Avenue
PETITIONER: Lucas Building Company LLC
Map: 165.62 Block: 1116 Lot: 2
Assessment Year(s)
Tax
Year(s)
Prior Total Assessment
Adjusted Total Assessment
Refund
Interest to be Refunded by City
2018
2019
$57,440
$39,520
$5,616.78
$1,895.66
2019
2020
$57,440
$31,590
$7,361.54
$1,693.15
2020
2021
$57,440
$28,600
$11,029.42
$1,047.79
2021
2022
$63,000
$25,628
$12,708.06
$953.10
2022
2023
$63,000
$21,375
$17,392.56
$2,869.77
2023
2024
$63,000
$21,375
$20,864.95
$2.555.96
Total:$11,015.44
TOTAL REFUND: $11,015.44 without costs an...
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