Compromise Settlement Order Entered

Mon, 05/17/2010 - 08:05

On May 14, 2010, a Compromise Settlement Order was entered in Winchester Circuit Court regarding the case of J.A. Loveless Homes X, Inc., v. The City of Winchester – Case No.: CL0900045. The claim for erroneous tax assessment was filed by the owner of Stuart Hill Apartment Complex on July 22, 2009 seeking a reduction in the 2009 assessment of the property. According to the terms of the Final Settlement Order entered today, this compromise settlement of a disputed claim will result in a refund to the plaintiff in the amount of $27,644.54 and an equalized revision of the 2010 assessment of the property.