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Board approves $7.08 million tax‑cert settlement for Larchmont Yacht Club
Summary
Village Attorney recommended and the board authorized a tax‑certiorari settlement covering 2017–2020 for the Larchmont Yacht Club, with total refunds of $7,075,967, following an appraisal and coordination with the Town of Mamaroneck.
The Village of Larchmont approved a proposed tax‑certiorari settlement for the Larchmont Yacht Club covering tax years 2017 through 2020 that would result in total refunds of $7,075,967, Village Attorney Kevin Stout told trustees on Sept. 23.
Stout said the proposed settlement follows work with the Town of Mamaroneck and an appraiser. "Our recommendation is to settle with total refunds for those 4 years of $7,075,967 dollars," he said, describing the settlement amount and the review process.
After Stout presented the recommendation the mayor sought a motion to authorize the village attorney to enter into the agreement with the yacht club; the motion was made, seconded and the board voted in favor.
The transcript does not record a roll‑call vote or per‑member tallies in the public record excerpt; the mayor confirmed the motion carried by voice vote.
