WEBSTER CENTRAL SCHOOL DISTRICT Brian Freeman, Assistant Superintendent for Business 119 South Avenue, Webster, NY 14580 (585) 216-0017 brian_freeman@webstercsd.org
Brian Neenan, Superintendent From: Brian Freeman, Assistant Superintendent for Business Re: KIN-INC (KOHL's) Tax Certiorari Resolution Cc: Board of Education Date: 4/27/2026 The property is located at the Webster Town Center Plaza off Holt and Ridge roads in the town of Webster. This case dates for the fiscal year 2025-26 school tax year. The property information is displayed below:
Year 2025-26
Tax Parcel 079.12-1-19.111
Assessment $5,421,623
Alleged Assessment $542,162
Difference Tax Rate $4,879,461 $28.702192 Total
Exposure $140,051 $140,051
Below you will find a resolution prepared by our school attorney for the proposed settlement. The total exposure mitigated to the district under this settlement agreement totals $140,051. The district will pay no refunds under the proposed agreement. Based on this information, the opinion of our school attorney in conjunction with the Town of Webster attorney, it is recommended that the Board of Education approve the attached resolution to settle the tax certiorari proceedings. This will require a general vote of the majority of the board of education. Please let me know if you have any additional questions. Thank you.
Peter Craig, Esq. Lori Schreiber, Treasurer
RESOLUTION At a Regular Meeting of the Board of Education of the Webster Central School District (the “Board of Education”), held on May 5, 2026; The meeting was called to order by the President of the Board of Education, and upon roll being called, the following members were: PRESENT: ABSENT: OTHERS ALSO PRESENT: The following Resolution was offered by __________, and seconded by_____________. WHEREAS, Kin, Inc.-Cor Holt Road Company LLC (“Petitioner”) filed a tax certiorari petition challenging the assessment of its property located at 925 Holt Road in the Town of Webster (Tax Map Parcel No. 79.2-1-19.111) for the 2025-26 tax year; and WHEREAS, Petitioner has proposed settlement of such proceedings upon the following: a. Maintain the 2025 tax year assessment at $5,421,623; b. Reduce the 2026, 2027 and 2028 assessments to $5,000,000, absent Town-wide revaluation: and c. In the case of a Town-wide revaluation, set the new assessment for the property based on a market value of $10,400,000 for that revaluation year. WHEREAS, the Town of Webster supports the settlement proposal; and WHEREAS, the Board of Education is willing to settle the proceedings pursuant to the terms outlined above. NOW, THEREFORE, BE IT RESOLVED that: 1. The Board of Education agrees to settle the tax certiorari proceedings commenced by the Petitioner in accordance with the terms set forth above and in the form approved by Ferrara Fiorenza PC and hereby delegates to Ferrara Fiorenza PC the authority to execute such settlement documents. 2.
This Resolution shall take effect immediately.
The question of the adoption of the foregoing Resolution was duly put to a vote, which resulted as follows: AYES: NAYS: The Resolution was thereupon declared adopted.
May 5, 2026
____________________________________ Webster Central School District Heather Murphy, District Clerk