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HomeMy WebLinkAbout1994-09-26 94-426 ORDERCOUNCIL ACTION 94_426 em No. Date September 26, 1994 Item/Subject: Abating Portion of FY 1994 Real Estate Taxes Assessed Against Property at 1528 Hammond Street, Tax Account RE 50063 (Pilot's Grill) Responsible Department: Legal Department Commentary: As explained in a memo from the City Assessor, copy attached, this Order would grant a partial abatement of FY 1994 taxes to P.G. Realty Company, owner of the Pilot's Grill property. The tax amount abated ($2,989.00) represents a downward valuation adjustment of $135, 900.00. This adjustment was supposed to have taken effect on the FY 1994 tax commitment list, as one of a number of valuation adjustments produced by the Assessor's City-wide survey of commercial properties in March 1993. However, the adjustment for Pilot's Grill was inadvertently omitted from the FY 1994 commitment list. Council action i d nrequireunder 5 841(l) because the Assessor's authority to correct errors expires after one year, and more than a year has passed since the FY 1994 commitment. Department Budget Approval: Finance Director Legal Approval: citySoncitor Introduced For .. Yt�-. . passage ' First Reading Referral Page 1 of 5 Manager Associated Information: Order, Memo from City Assessor, Statute Budget Approval: Finance Director Legal Approval: citySoncitor Introduced For .. Yt�-. . passage ' First Reading Referral Page 1 of 5 94-426 Aeei0eedlo Coune0or Sullivan September 26. 1994 _ CITY .OF BANGOR (TITLE.) OrtITC Abating. Portion of FY.. 1994 Real Estate Taxes Assessed Against Property at 1528 Hammond Street, Tax Account RE 50063 (Pilot's Grill) My She MyCSOmaz of Cit N8aa0or. THAT the City Council of the City of Bangor, acting as municipal officers of the City of Bangor pursuant to 36 MRSA S 841(1, hereby abate real estate taxes in the amount of $2,989.00 assessed forBy1994 against property owned by P.G. Realty Company, and located at 1528 Hammond Street (Tax account no. RE 50063; Tax Map R-9, Lot 6). This abatement is granted pursuant to 36 MRSA S 841(1) due to an error in the original commitment list. IN CITY COUNCIL September 26, 1994 94-426 Paea¢d 0 R ➢ E R $ CITY CLERK Title, Abating Portion of FY 1994 Real Estate Taxes Assessed Against Property at 1528 Hammon Street, Tax Account HE 50063 (Pilot's Grill) ..............................4.44..4. - C sang, to Councilman 94-426 DATES September 14, 1994 TO: Erik Btumpfel, City Solicitor FROM: Benjamin F. Birch Jr., City Assessor RE: Request for consideration of finance committee. Recently, the Assessing Department received a request from P.B. Realty concerning n rning Pilots Brill a muter Hammond Street in reference to assessed land value. In March 1993 1 completed a City wide srvey of all commercial properties and in the processr many w changed. All of the o e of record were notified of the changes - prior to commitment of tax bills for fiscal year 1994. Due to an administrative oversight, Pilots Brill did not receive the adjustment in valuation of land that the notice indicated they would receive. This request to the finance cmmittee is for them to Issue an abatement far fiscal year 1994to P.D. Realty, D/S/A Pilots Brill. The adjustment for fiscal year 1994 in valuation was 3135,900.00 (8135,900.00 X .02200 - 82,989.80).