HomeMy Public PortalAboutr 95:093No. 95-93 Date of Adoption~arch 2: 1995
APPROVING SETTLEMENT OF TAX APPEAL OF
ENGLEHARD CORPORATION
WHEREAS, Englehard Corporation has filed a tax appeal for tax years 1993, 1994
and 1995; and
WHEREAS, the matter has been filed in the Tax Court under Docket Numbers
007000-93, 002893-94 and 006125-94; and
WHEREAS, the parties have reached an amicable settlement in the matters before
the court;
NOW, THEREFORE, BE IT RESOLVED that the Borough Council hereby
approves the settlement as follows:
1993 Assessment
Land $3,307,500
Imprvt 6,192,500
Total $9,500,000
1994 Assessment
Land $3,307,500
Imprvt 5,692,500
Total $9,000,000
1995 Assessment
Land $3,307,500
Imprvt 4,692,500
Total $8,000,000
Adopted this 2nd day of March, 1992
and certified as a tree copy of the
original on March 3, 1995.
SUSAN E. JACKLIN, KATHLEEN M. BARNEY,
Assistant Municipal Clerk Municipal Clerk
IECORD OF cOUNCIL VOTE
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto S_..~
Adopted at a meeting of the Municipal Council March 2 ~ 1995
Assistant