212-26 Attachment.pdf

005224-2025 07/09/2026 2:50:05 PM Pg 2of3 Trans ID: TAX2026102959 2 The undersigned have made such examination of the value and Proper assessment of the property(ies) and have obtained such appraisals, analysis and information with respect to the valuation and assessment of the property(ies) they deem necessary and appropriate for the purpose of cnabling them to enter into the Stipulation. The assessor to the taxing district has been consulted by the attomey for the taxing district with respect to thig settlement and has concurred. 3. Based upon the foregoing, the undersigned represent to the Court that the above settlement will result in an assessment at the fair assessable value of the property(ies) consistent with assessing practices generally applicable in the taxing district as required by law. 4. All refunds as a cesult of the settlement set forth herein shall be paid by refund check, made payable to: ‘Michael I. Schneck, &sq., Attomey for EPIC FIVE PROPERTIES LLC, and forwarded io Michael I. Schneck, Esq. 23 Vreeland Road, Florham Park, New Jersey 07932 within Sixty (60) days of the date of the Judgment. 5. The parties agree that there has been no change in value or municipal wide revaluation or reassessment adopted for the tax year 2027, and therefore agree that the provisions of N.IS.A, 58:51 A- 8 (Freeze Act) shall be applicable to the assessment on the property referred to herein for said Freeze Act year(s) with 2026 being the base year. No Freeze Act year(s) shall be the basis for application of the Freeze Act for any subsequent year(s),