Conference/Public Meeting Agendas/Documents — Packet

228-12 December 4, 2012 RESOLUTION WHEREAS, the Mayor and Council of the Township of West Orange have been advised of the proposed settlement of a Tax Appeal filed on behalf of West Orange under Docket Nos.: 007054-2008, 000404-2009 for the years 2008 and 2009, and filed on behalf of West Orange Plaza, the owner of the property located at the intersection of Eagle Rock Avenue and Prospect Avenue, under Docket Nos.: 001069-2010, 010998-2011 and 001219-2012 for years 2010, 2011, and 2012 and WHEREAS, the said Governing Body has been advised as to the merits of the subject Tax Appeals by legal counsel, expert appraisal personnel hired by the Township as well as the Township Tax Assessor; and WHEREAS, the proposed Tax Appeals settlement components are as set forth in Schedule “A” attached hereto and made a part hereof; and WHEREAS, pursuant to Resolution No. 90-08 passed by the Township Council on April 8,2008, the Township retained Blau & Blau to pursue a tax appeal concerning the under assessment of Block 152.24, Lots 1445 and 1445.05 (the “Property”) which retention was on a one-third (1/3) contingency basis; and WHEREAS, it is in the best interest of the Township of West Orange to settle the subject Tax Appeals in accordance with the settlement proposal set forth hereinabove. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Township of West Orange that settlement of the said Tax Appeals be finalized in accordance with Schedule “A” attached and with respect to same, the Mayor, Municipal Clerk and/or any other appropriate official is hereby authorized to perform any act in order to effectuate the purposes set forth in this Resolution. BE IT FURTHER RESOLVED that the Certificate of Availability of Funds pursuant to N.J.S.A. 40A:4-57 has been certified to by the Chief Finance Officer and is attached hereto and made a part hereof. VICTOR CIRILO Council President KAREN J. CARNEVALE Municipal Clerk Adopted: December 4, 2012