Number
251996
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution authorizing settlement of claims in the lawsuits entitled 875 East 1, LLC et al. v. City of Milwaukee.
Analysis
This resolution authorizes settlement of claims raised by the Plaintiff, 875 East, in the lawsuits entitled 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 23CV4513), 875 East 1, LLC et al. v. City of Milwaukee Board of Review (Wisconsin Court of Appeals Case No. 24AP2411), 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 24CV499), and 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 23CV4513), for the total amount of $604,826.61.
Body
Whereas, Plaintiff filed lawsuits against the City entitled 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 23CV4513), 875 East 1, LLC et al. v. City of Milwaukee Board of Review (Wisconsin Court of Appeals Case No. 24AP2411), 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 24CV499), and 875 East 1, LLC et al. v. City of Milwaukee (Milwaukee County Case No. 23CV4513), for the partial refund of the property tax assessments previously paid for the property at 875 East Wisconsin Avenue, on the basis that its property tax assessments for tax years 2020 through 2024 and violated Article VII, section I of the Wisconsin Constitution (“Uniformity Clause”); and
Whereas, Plaintiff has agreed to settle all claims raised in above-referenced lawsuits and regarding its assessments for the total amount of $604,826.61; and
Whereas, Plaintiff has also agreed it will withdraw its objection for tax year 2025; and
Whereas, The City Attorney recommends that the City of Milwaukee settle these lawsuits and resolve these claims now; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, the City Attorney is authorized to enter into a settlement agreement between the City of Milwaukee and the Plaintiff referenced to herein ...
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