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Darien board approves $7.8 million valuation in Kirmar Investment tax-appeal settlement
Summary
The Board of Selectmen unanimously approved a settlement in Kirmar Investment, Inc. v. Town of Darien setting the market value of 21 Butlers Island Road at $7,800,000 and the assessed value at $5,460,000.
The Town of Darien Board of Selectmen voted unanimously Jan. 26 to approve a settlement of the tax appeal Kirmar Investment, Inc. v. Town of Darien concerning the property at 21 Butlers Island Road. The settlement establishes a market value of $7,800,000 and an assessed value of $5,460,000.
Selectman Sarah Neumann moved the settlement and Selectman Marcy Minnick seconded the motion; the minutes record the vote as Yea from First Selectman Jon Zagrodzky and Selectmen Mike Burke, Monica McNally, Minnick and Neumann. The Board did not record further changes to the town’s assessment policy in the minutes. The item was presented and voted on during the New Business portion of the meeting.
