Number
011048
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution to cancel real estate taxes levied against Key No. 303-0578-110-6 on the 1996, 1997 and 1998 tax rolls, plus interest applicable to date of repayment, if appropriate. (Assessor's Office)
Analysis
This resolution requires the cancellation of taxes because of Board of Review reductions in assessments on this parcel, the issuance of checks to the City Treasurer or taxpayer as applicable, and the proper reductions of State Tax Credits by journal entries.
Body
Whereas, Assessments were made against Key No. 303-0578-110-6 for the years 1996, 1997 and 1998 as contained in Common Council Resolution File No. 011048, and
Whereas, The Board of Review has decreased these assessments as shown in this file; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, That the proper city officers are authorized and directed to issue city checks in the amounts as shown in this file, payable to the City Treasurer or taxpayer as applicable, to be refunded to the taxpayer where appropriate, plus interest at the rate of 9.6% applicable from date of payment to date of repayment, said amounts to be charged to the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300, and said checks to be delivered to the Tax Billing and Collection Division of the Treasurer's Office for disbursement; and, be it
Further Resolved, That the proper city officers are authorized and directed to reflect the reduction in State Tax Credits as shown in this file by means of journal entries, charging the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300, and crediting the State Tax Credit Fund; and, be it
Further Resolved, That interest for Key No. 303-0578-110-6 shall be applicable from date of payment to March 23, 1999 for the years 1996, 1997 and 1998; and, be it
Further Resolved, That delinquent interest and penalti...
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