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: JP Morgan Chase Tax Certiorari Resolution Cc: Board of Education Date: 11/30/2024 The property is located at 1950 Empire Boulevard (Eastway Wegmans Plaza) in the town of Penfield This case dates for the fiscal years 2020-21, 2021-22, 2022-23, 2023-24 and 2024-25 school tax years. The property information is displayed below:
Year
Tax Parcel
2021-22 2022-23 2023-24 2024-25
093.11-1-33.1 093.11-1-33.1 093.11-1-33.1 093.11-1-33.1
Assessment
$916,500 $1,118,100 $1,118,100 $972,600
Alleged Assessment
Difference
$425,000 $425,000 $425,000 $425,000
$491,500 $693,100 $693,100 $547,600
Tax Rate
Exposure
22.694474 17.370224 17.081053 17.086508
$11,154.33 $12,039.30 $11,838.88 $9,356.57 $44,389.09
Total Exposure
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 $44,389.09. The district will pay no refunds under this settlement. Based on this information, the opinion of our school attorney in conjunction with the Town of Penfield 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, December 10 2024; 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, JP Morgan Chase Bank, N.A. (“Petitioner") filed tax certiorari petitions challenging the assessment of its property located at 1950 Empire Boulevard in the Town of Penfield (Tax Map Parcel No. 093.11-1-33.1) for the 2021-22, 2022-23, 2023-24 and 2024-25 tax years; and WHEREAS, Petitioner has proposed settlement of such proceedings upon the following: a. Reduce the 2024-25 tax assessment to $972,600 and; b. Waive all refunds for all years 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. Dated: _____________
____________________________________ Webster Central School District Heather Murphy, District Clerk