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Springfield SD approves settlement tied to Springfield Hospital assessments, solicitor says district saves about $1.2 million
Summary
The board approved a settlement that, according to Solicitor Mark Sereny, prevents abandonment of Springfield Hospital and adjacent parking garage in bankruptcy, requires the prospect to relinquish assessment appeals dating to 2017 and is estimated to save the district about $1,200,000 in refunds.
The Springfield School District Board of School Directors on Feb. 26 approved a proposed settlement to resolve tax-assessment appeals tied to two parcels — Springfield Hospital and the adjacent parking garage — and to address a related prospect bankruptcy threat.
Solicitor Mark Sereny told the board the agreement would prevent the properties…
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