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Resolution of the Mayor And Council of Princeton Authorizing Tax Exempt Status For Block-1504 Lot-3 Q0013 In Said Municipality
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WHEREAS, N.J.S.A. 54:4-3.6 permits municipalities to grant real property tax exempt status to real property owned by the Municipality of Princeton; and
WHEREAS, the Princeton Tax Assessor has determined that the following property is entitled to tax exemption and should be added to the Tax Exempt List:
Block 1504, Lot 3 Ql-q0013 Location-71 River Rd.
WHEREAS, the Princeton Tax Assessor has determined that said property is exempt from the payment of real property taxes pursuant to the above-referenced statute; and
WHEREAS, the Princeton Tax Assessor wishes to designate said properties as real property tax exempt and the Princeton Tax Collector wishes to cancel the previously issued tax bills for said properties and refund any tax payments made on said properties.
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 designate the above-referenced property as tax exempt.
2. The Princeton Tax Collector is hereby authorized to cancel the prior tax billings for said properties and refund any tax payments made on said properties.
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.