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Mount Kisco board approves settlement lowering assessments for 36 Main Street (EK Mt. Kisco LLC)
Summary
The Village Board authorized a settlement of tax-certiorari challenges by EK Mt. Kisco LLC for 36 Main Street, reducing proposed assessments for several years in both Village and Town proceedings; the resolution was adopted unanimously.
The Mount Kisco Village Board on April 7 approved a settlement with EK Mt. Kisco LLC resolving tax-certiorari petitions for 36 Main Street covering Town and Village proceedings for tax years 2021 through 2025.
The resolution in the minutes lists the Village proposed settlement assessments and reductions by year: 2021 — original $180,000; proposed $157,080 (reduction $22,920); 2022 — original $180,000; proposed $159,180 (reduction $20,820); 2023 — original $180,000; proposed $150,360 (reduction $29,640); 2024 — original $180,000; proposed $136,080 (reduction $43,920); 2025 — original $180,000; proposed $139,650 (reduction $10,350). Town proceedings reductions are recorded similarly in the minutes. The motion to authorize the Village Attorney to execute the settlement was made by Mayor J. Michael Cindrich, seconded by Deputy Mayor Theresa Flora, and adopted with all trustees voting in favor.
