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File #: R-25-329    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/11/2025 In control: Mayor and Council of Princeton
On agenda: 9/23/2025 Final action: 9/23/2025
Title: Resolution of the Mayor and Council of Princeton Authorizing Block 7301, Lot 1 Princeton Tax Map to be Added to the Princeton Tax Exemption List

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Resolution of the Mayor and Council of Princeton Authorizing Block 7301, Lot 1 Princeton Tax Map to be Added to the Princeton Tax Exemption List

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WHEREAS, on April 2, 2025, a Declaration of Taking was recorded in the Office of the Mercer County Clerk at which time the Municipality of Princeton assumed ownership of Block 7301, Lot 1 Princeton Tax Map; and

 

WHEREAS, the Princeton Tax Assessor and Tax Collector have requested that said property be placed on the Princeton Tax Exempt List since property is now owned by the Municipality of Princeton.

 

NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Council of the Municipality of Princeton as follows:

 

1.                      The Princeton Tax Assessor is hereby authorized to add the above-referenced property to the Princeton Tax Exempt List.

 

2.                     The Princeton Tax Collector is hereby authorized to cancel any prior tax billing as of April 2, 2025 for said property and refund any payments which may have been made for said property after this date.

 

3.                     A certified true copy of this Resolution shall be furnished by the Municipal Clerk to the Princeton Tax Assessor and the Princeton Tax Collector upon its adoption.