Number
140684
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution cancelling real estate taxes levied against certain parcels bearing various key numbers on the 2011, 2012 and 2013 tax rolls, plus interest applicable to date of repayment, if appropriate.
Analysis
This resolution approves the cancellation of real estate taxes because of Board of Review reductions in assessments on certain parcels the issuance of checks to the City Treasurer or taxpayer as applicable, and the proper reductions of State Tax Credits by journal entries.
Further, this resolution requires the cancellation of taxes because of a decrease in assessment as made by Circuit Court of Tax Key No. 428-0298-111-7 for 2012 and the issuance of check to the City Treasurer or taxpayer as applicable
Body
Whereas, Assessments were made against certain parcels of real estate for the years 2011, 2012 and 2013 as contained in the attachments to this file; and
Whereas, The Board of Review has decreased these assessments as shown in this file; and
Whereas, An assessment in the amount of $13,500,000 (Land: $333,700 - Improvements: $13,166,300) for the year 2012 was made against the real estate property known as Tax Key Number 428-0298-111-7; and
Whereas, After Circuit Court review, pursuant to Wis Stat. ยง 74.37 a decrease was ordered for the real estate property known as Tax Key Number 428-0298-111-7, for 2012 pursuant to Circuit Court # 13-CV-6616; 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 a City check in the amount as shown in the attachment to this file, payable to the City Treasurer or taxpayer as applicable, to be refunded to the taxpayer where appropriate, plus interest at the rate applicable pursuant to s. 70.511(2)(b), Wis. Stats., for an appeal that was filed as shown in this file, from date of payment to date of repayment; the amount to be charged to the 201...
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