Board moves three tax‑assessment settlements to regular meeting
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Summary
The finance committee authorized moving three proposed tax assessment settlement agreements — for properties on Summer Avenue, North Seventh Street and West Liberty Street — to the board’s regular meeting for final action. Fox Rothschild LLP was authorized to enter agreements in each case.
The Allentown School District’s finance committee voted July 24 to bundle and move three tax‑assessment settlement recommendations to the regular board meeting for final approval.
Staff asked the committee to authorize the law firm Fox Rothschild LLP to enter into settlement agreements that would set assessed values for three properties: 1014 Summer Avenue at $738,150; 140 North Seventh Street at $542,640; and an address on West Liberty Street at $798,000 for tax year 2025 and subsequent years until a reassessment under applicable law.
There were no questions from committee members; a single motion was made to take the three items forward and the committee carried the motion. The committee recorded the motion as carried and will consider the settlements at the regular meeting later the same evening.
Discussion only: staff presented assessment amounts and recommended counsel be authorized to finalize settlements.
Direction/assignment: authorize Fox Rothschild LLP to execute settlement agreements consistent with the listed assessment amounts and bring final documents to the regular board meeting.
Formal action: committee moved the three settlement items forward; final approval pending at regular meeting.