BOROUGH OF HILLSDALE

                                                                                    09129

RESOLUTION

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Title:  Authorizing Settlement of a Tax Appeal for

113 Knickerbocker Avenue, Block 1514, Lot 11,

in the Borough of Hillsdale

 

WHEREAS, John Kral, Jr., the owner of certain real property located at 113 Knickerbocker Avenue, Borough of Hillsdale, Bergen County, New Jersey, also known as Block 1514, Lot 11 on the official Tax Map of the Borough of Hillsdale, Bergen County, State of New Jersey; and

WHEREAS, the owner has filed an appeal to the Tax Court of New Jersey for said premises for the year 2008, under docket number 010861-2008; and

WHEREAS, the parties have engaged in settlement negotiations; and

WHEREAS, as a result of those settlement negotiations, a settlement has been reached; and

WHEREAS, the current assessment on Block 1514, Lot 11, Address: 113 Knickerbocker Avenue is as follows:

Tax Year 2008

LAND:                                    $   355,700

IMPROVEMENTS:              $   250,100

TOTAL ASSESSMENT        $   605,800

WHEREAS, the following reduced assessment proposed for Block 1514, Lot 11, Address: 113 Knickerbocker Avenue is as follows:

Tax Year 2008

LAND:                                    $   355,700

IMPROVEMENTS:              $   189,300

TOTAL ASSESSMENT        $   545,000

 

WHEREAS, all refunds due John Kral, Jr. shall be without interest, provided that payment is made within sixty (60) days of the date of any entry of Judgment in this action; and

WHEREAS, any refunds due as a result of this settlement shall be made payable to “John Kral, Jr.” and forwarded to John Kral, Jr., 113 Knickerbocker Avenue, Hillsdale, New Jersey 07642; and

WHEREAS, the Tax Counsel and the Tax Assessor have recommended said settlement to the Mayor and Council; and

WHEREAS, the Mayor and Council is of the opinion that said settlement is in the best interests of the Borough of Hillsdale.

NOW, THEREFORE, BE IT RESOLVED, BY THE Mayor and Council of the Borough of Hillsdale, County of Bergen, State of New Jersey, being the governing body thereof, that the settlement in this matter as set forth hereinabove be and is hereby approved and the Tax Counsel, Christopher E. Martin, Esq., is hereby authorized and directed to affect said settlement.

 

Council member

Motion

Second

Yes

No

Absent

Abstain

Arnowitz, Max

 

 

x

 

 

 

DeJoseph, Jonathan

 

 

x

 

 

 

Giancarlo, Michael

 

 

x

 

 

 

Hanlon, Marie

 

x

x

 

 

 

Schiavone, Donna

 

 

x

 

 

 

Weinstein, Andy

x

 

x

 

 

 

 

 

 

Adopted:  October 13, 2009

 

 

Attest: ________________________                         ___________________________________

Robert P. Sandt, RMC                         Acting Mayor Donna Schiavone

Municipal Clerk