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Phoenixville approves settlement with hospital owner; voluntary $202,600 contribution agreed
Summary
Council approved a settlement and voluntary contribution agreement with Phoenixville Hospital LLC/Tower Health that designates about 23% of the site as taxable (office building) and 77% exempt (hospital) and provides a $202,600 voluntary contribution offset to reimbursements for prior tax years.
Phoenixville Borough Council on Aug. 12 approved a settlement and voluntary contribution agreement between the borough and Phoenixville Hospital LLC (owned by Tower Health) resolving parts of litigation over the property's tax status.
Borough counsel summarized the terms: the school district’s appeal of the hospital…
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