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HomeMy WebLinkAbout1990-03-12 90-115 ORDERV „" Date 91�-90 Item No. 90-115 Item/Subject: Authorizing City Council to Abate Personal Property Taxes Responsible Department Assessing Office CommeMmy: — — The Board of Assessors has concluded that LeaseAmerica was incorrectly assessed for persoeal property that was located in the Town of Hermon, for F/Y 1989. An abatement of $196.25 is requested. Zffea I L� Or Manager's Comments W� 7 Associated Information; Council order, _ Budget Approval: M /V/ Fimn[[Dirt<loi Legal Approval: _ CirySali<iro Introduced For Fways irst Reading page— of F-1 Referral 90-115 Mugned to Councdor Stone, March 12, 1990 CITY OF BANGOR (TITLE.) talrbtry ...._Auth ri zing theCity Council to abate..._. Personal Property Taxes By the ate CGWWU of W GSty of Daay01.' ORDERED, TWT the city Councilishereby authorized to abate $146.25 for fiscal year 1989 on personal property taxes for LeaseAmerica. STATEMENT: The Board of Assessors concludes LeaseAmerica was wrongfully assessed for personal property that was located in the Town of Hermon, Me. for f/y 1989. 90-115 ORDER In City Council Mrch 12.1990 passed Title, Authorizing theCity Council to state Personalonal Praserpeiry .Taxes .... maip" to ............... i.: .0`4�:.....—..... Councilman A list of leased equipment located in Bangor, Maine owned by LeaseRmerica Has sent to the Assessing Department on April 1, 1988from which their 189 f/y tax was computed. On this list was a surge pipeline owned by Mr. Frederick Richards. Mr. Richards news informs LeaseRmerica that the equip- ment he is leasing is located in the Town of Hermon and that he should not be assessed sed for a tax being paid the City of Bangor. Attached is a list of this equipment from LeaseAmerica. The Board of Assessors conclude that an abatement be granted to LeaseRmerica for this tax wrongfully assessed them. rSTATE6XMAIOeCODE LIFE INVESTORS LEASEAMERICA DIVISION EQUIPMENT LISTING FOR PROPERTY TAX FILING AS OF MARCH 31: 1988 COUNTY: PENOBSCOT LIN : 01 LESSOR FILES 030-23532-01-01 RICHARDS, FREDERICK A. 8 RFD f3 BANGOR 4 030-39743-60-01 UNITED DISTRIBUTOR, INC 24 1205 BRAOOWAT iBANGOR EQUIP DESCH: SURGE PIPELINE LEASE TERM: 12/19860 HIS LEASE PMT: 169.80 EQUIP OESCR: CRANKSHAFT ORKIN, ETC ACO DATE: 12/1984 LEASE TERM: 60 MO$ LEASE PMT: 1,372.13 TOTALS 030-CLA5934 ORIGINAL COST BOOK VALUE .ASSESSED VALUE 81242.50 71693.00 58,943.00 19.647.66 67,185.50 27,340.66