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HomeMy WebLinkAbout2016-05-23 16-212 RESOLVECOUNCIL ACTION Item No. 16-212 Date: May 23, 2016 Item/Subject: Resolve, Ratifying Actions Taken by the Assessor in Defense of Abatement Requests Responsible Department: Assessment Commentary: This order will ratify the actions of the City Assessor in defense of two large abatement requests on commercial and industrial properties in 2016. Given the complexity and uniqueness of these facilities, it was necessary to hire specialized legal assistance as well as consultants to help establish fair market assessed valuation, negotiate for resolution, and defend, if necessary, before the State Board of Property Tax Review. Both abatement requests were settled. The total cost of the defending both these appeals could cost up to $60,000. Although we do not have final numbers, the majority of the work was spent on Hollywood Casino; therefore, funding to cover those legal expenses will be taken from the Downtown TIF. This was discussed on several occasions in Executive Session. Manager's Comments: Associated Information: Budget Approval: Legal Approval: Introduced for x Passage First Reading Referral Page _ of Department Head M, City Manager Finance Director City Solicitor Assigned to Councilor Nealley CITY OF BANGOR 16-212 MAY 23, 2016 (TITLE.) Resolve, Ratifying Actions Taken by the Assessor in Defense of Abatement Requests BY THE CITY COUNCIL OF THE CITY OF BANGOR: Be It Resolved That, Council ratifies actions taken by the City Assessor to defend abatement requests and authorizes up to $60,000 for legal expenditures. All consultant and legal expenditures in defense of Hollywood Casino will come from the Downtown TIF. IN CITY COUNCIL MAY 23, 2016 PASSED CITY CLERr