City of Milwaukee - File #: 101187

• File #: 101187
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 1/19/2011
• In control: JUDICIARY & LEGISLATION COMMITTEE
• Final action: 2/8/2011
• Title: Resolution to cancel real estate taxes levied against a certain parcel identified by Tax Key No. 361-0649-100-8, 174-184 W. Wisconsin Avenue, on the 2009 tax roll, plus interest applicable to date of repayment, if appropriate.
• Sponsors: THE CHAIR
• Indexes: TAX CANCELLATIONS

Date	Ver.	Action By	Action	Result	Tally
2/15/2011	0	MAYOR	SIGNED
2/8/2011	0	COMMON COUNCIL	ADOPTED	Pass	12:0
1/31/2011	0	JUDICIARY & LEGISLATION COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals present: Marey Reavey, CIty Assessor's Office Peter Weissenfluh, Assessor's Office Vincent Moschella, Deputy Asst. City Attorney's Office	Pass	4:0
1/21/2011	0	JUDICIARY & LEGISLATION COMMITTEE	HEARING NOTICES SENT
1/19/2011	0	COMMON COUNCIL	ASSIGNED TO

Number
101187
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution to cancel real estate taxes levied against a certain parcel identified by Tax Key No. 361-0649-100-8, 174-184 W. Wisconsin Avenue, on the 2009 tax roll, plus interest applicable to date of repayment, if appropriate.
Analysis
This resolution requires the cancellation of taxes because of Board of Review reductions in the assessment of Tax Key No. 361-0649-100-8 for 2009, 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, An assessment in the amount of $10,000,000 (Land: $720,000 - Improvements: $9,280,000) was made against the real estate property know as Tax Key Number 361-0649-100-8, for the year 2009; and

Whereas, The Board of Review has decreased this assessment to $9,000,000 for a reduction of $1,000,000; 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 of $25,983.80 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 Section 70.511 of Wisconsin Statutes, for an appeal that was filed on May 15, 2009, applicable from date of payment to date of repayment, said amount to be charged to the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300 and said check to be delivered to the Customer Service 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 follows:

Section 79.10 (2) $1,720.00 (City: $1,341.60
County: $ 378.40)

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...