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Title:
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Subject: (Direct Referral) Communication from the City Attorney and the City Assessor requesting to appear before the Finance & Personnel Committee in closed session, pursuant to Sec. 19.85 (1)(e) and (g) of the Wisconsin Statutes, specifically regarding potential settlement of property assessments for Racine Joint Venture II LLC, for the 2012 and 2013 tax years. (Res No. 0247-16)
Recommendation of the Finance and Personnel Committee on 6/15/16: That the property assessments for Racine Joint Venture II LLC, for the 2012 and 2013 tax years be settled as presented by the City Attorney and City Assessor.
Fiscal Note: $475,535.69, plus interest in the approximate amount of $5,000.00, to be refunded to Racine Joint Venture II LLC.
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