City aldermen have agreed to reduce the 2019 and 2020 property tax assessments for a Wilbur Avenue nursing home by $949,000 each of those years.
During a virtual meeting on Tuesday, July 14, the Common Council unanimously adopted a resolution authorizing a settlement of a tax certiorari proceeding brought against the city by McNaughton & DePoala LLC, owners of Mountain Valley Manor on Wilbur Avenue. Under the settlement, the 2019 and 2020 assessments for the property located at 397 Wilbur Ave. would be reduced from $3,399,000 to $2,450,000. No refund was included in the deal.
Details of the tax certiorari case were not discussed publicly.
Tax certiorari is a legal process in which a property owner can challenge the real estate tax assessment on a property in an attempt to reduce the property’s assessment and real estate taxes.
Posted by Daily Freeman
