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Council accepts deed in lieu of payment for Benevento Circle lot to clear $101,000 in back taxes
Summary
The Finance Committee approved accepting a deed in lieu of payment for a small, conservation-restricted lot on Benevento Circle to extinguish roughly $101,000 in outstanding back taxes; the city will take title to an unbuildable, triangle-shaped parcel valued at $6,530, according to the treasurer.
The Peabody City Council Finance Committee voted 5-0 to accept a deed in lieu of payment for a parcel on Benevento Circle, which the treasurer said will be used to satisfy roughly $101,000 in unpaid taxes.
Treasurer Teitelbaum told the committee the parcel is assessed at $6,530 and is an unbuildable, triangle-shaped lot that was placed under conservation restrictions in 1999. The treasurer said the property had not paid taxes since it was split out in 1991 and that the estate/trust holding the parcel'Goodale Farms Trust'is now extinct; the trustee's lawyer is finalizing the gift to the city to settle the tax debt.
Why it matters: Accepting the deed transfers clear title to the city and allows the tax lien to be resolved without further land-court action. Councilors asked for clarification about value and tax debt during the discussion.
Treasurer Teitelbaum explained the legal route: rather than pursue a potentially costlier land-court resolution, the estate's lawyer proposed deeding the lot to the city to wipe the outstanding debt. A councilor confirmed the result: the city would take the parcel and the tax debt would be cleared.
Formal action: A motion to accept the deed in lieu of payment for 2 Benevento Circle (parcel 011-065) was offered following the treasurer's recommendation. The committee approved the motion on a 5-0 roll call (Gould, Gamache, Rosignol, Melville, McGinn voted yes). The committee recorded the motion as carrying 5 to 0.
The discussion did not propose any immediate use or disposition plan for the lot; councilors confirmed the lot's conservation restrictions and unbuildable status during the exchange.
