Number
021067
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution approving and authorizing a stipulation between the City of Milwaukee and Vision Group International Inc., regarding personal property taxes, account numbers 9301-0090 and 9301-0091 for omitted 2000 and 2001, for the personal property located at 2018 South 1st Street, Milwaukee, Wisconsin. (City Attorney)
Analysis
This resolution approves and authorizes a compromise of the personal property tax judgment granted to the City and against Vision Group International, Inc. in the amount of $45,927.29, Circuit Court Case No. 02-CV-007763 on September 20, 2002, for personal property taxes omitted for 2000 and 2001 for the personal property located at 2018 South 1st Street, Milwaukee, Wisconsin, in exchange for $16,500.00, and further approves and authorizes a deduction netted out from said $16,500.00 to pay the court costs of $216.00 and the Kohn Law Firm's fees incurred with respect to collection in the amount of $2,442.60.
Body
Whereas, The Kohn Law Firm, pursuant to its contract with the City, entered into a Stipulation and Order for Judgment, Circuit Court Case No. 02-CV-007763, with Vision Group International Inc., for omitted 2000 and 2001 personal property taxes and the court agreed that the judgment for the City would be entered by a Stipulation and Order for Judgment for $45,927.29 and in the event the City does not approve the compromise and accept the offered $16,500.00 lump sum payment from Vision Group International Inc. to settle the judgment, the case will be reopened and set for trial; and
Whereas, The City cannot establish proof as to the property owned and taxable on January 1, 2000 and January 1, 2001 as to Vision Group International Inc., account numbers 9301-0090 and 9301-0091; and
Whereas, If the City does approve the compromise, the City will collect the $16,500.00 payment offered, less the Kohn Law Firm's fees and costs within 30 days of the d...
Click here for full text