Loading...
HomeMy WebLinkAbout11-448OCTOBER 11, 2011 11 -448 RESOLUTION (CARRIED 7 -0 LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE SETTLEMENT AGREEMENT WITH VILLA ST. THERESA, INC. INITIATED BY: LEGAL DEPARTMENT BE IT RESOLVED by the Common Council of the City of Oshkosh that the attached Settlement Agreement with Villa St. Theresa, Inc. related to the assessment of property located at 1255 West 18 Avenue, is hereby approved and the proper City officials are hereby authorized to execute and deliver the agreement in substantially the same form as attached hereto, any changes in the execution copy being deemed approved by their respective signatures, and said City officials are authorized and directed to take those steps necessary to implement the terms and conditions of the Agreement. Money for this purpose is hereby appropriated from: Acct. No. 100 - 0908 - 64649 -00000 Tax Refund Account CITY HALL 215 Church Avenue PO. Box 1130 Oshkosh , Wisconsin 903 -1130 City of Oshkosh (4111 O.IHKOJH TO: Honorable Mayor and Members of the Common Council FROM: Lynn A. Lorenson, City Attorney DATE: October 6, 2011 RE: Resolution to Approve Settlement with Villa St. Theresa BACKGROUND In 2009 the Wisconsin Legislature passed legislation which specifically exempted low - income housing from real property taxes. Prior to this legislation, in order to be considered exempt low- income housing was required to meet the requirements related to a "benevolent association" which presented a much more difficult burden for low - income housing projects to meet. Under the new legislation a benevolent nonprofit entity that uses its property to provide low- income housing is exempt from general property taxes. Villa St. Theresa purchased property located at 1255 West 18 Avenue in the City of Oshkosh in December of 1994. The property consists of just over four acres of land and is operated as elderly housing. For tax years 2009 and 2010 Villa St. Theresa filed lawsuits against the City for refund of unlawful taxes related to property claiming that the property fit one of several exemptions from property taxes under the Wisconsin Statutes. For 2011 Villa St. Theresa has filed a Property Tax Exemption Request for the same property. Based upon the Assessor's initial review of the property, the Assessor was determined that the information provided did not provide sufficient information to support Villa St. Theresa's request for a property tax exemption. Through the course of litigation of this matter, Villa St. Theresa was able to provide additional information and through discussion between the parties an agreement has been reached that will resolve all of the outstanding issues related to property taxation for this property. ANALYSIS The proposed agreement provides that the City will recognize the property as a low- income housing project as that term is defined in the Wisconsin Statutes so long as Villa St. Theresa maintains the current use of the property, provides the City the necessary information to determine that it continues to meet the statutory requirements, and there is no amendment to the law which would affect the exemption of this property. Under this agreement, only those units that are occupied by low- income individuals or are vacant and may be leased only to low- income individuals will be exempt from property tax assessment. The property will be taxed in part for any units not occupied or available for lease only to low- income persons. Villa St. Theresa will dismiss all claims and lawsuits against the City related to this matter and will waive any interest on refund amounts due to it. FISCAL IMPACT Based upon the classification of a portion of the property as exempt from property taxes, the City will be required to refund a portion of the property taxes paid for 2009 and 2010. The refund amount will be approximately $74,997.00 for the two years. Pursuant to the terms of the Agreement, no interest will be added to this refund amount. RECOMMENDATION Staff recommends that the Agreement be approved. Res•ectfully Submitted, Approved: % ° . Lorenson Mark A. Rohloff City Attorney City Manager SETTLEMENT AGREEMENT SFP a 20 This Settlement Agreement (the "Agreement ") is entered into by and between the City of Oshkosh (the "City ") and Villa St. Theresa, Inc. ( "Villa "). RECITALS A. On January 25, 2010, Villa filed a Claim for Refund of Unlawful Taxes — Wisconsin Statutes § 74.35 (the "2009 Refund Claim ") with the City for a refund of 2009 property taxes paid in 2009 for its property located at 1255 West 18th Avenue, Oshkosh, Wisconsin, real estate tax parcel number 1307310300 (the "Property "). B. The City denied the 2009 Refund Claim and, on May 14, 2010, Villa filed a lawsuit against the City in Winnebago County Circuit Court, Case No 10- CV -984, challenging the City's denial of the 2009 Refund Claim. C. On January 28, 2011, Villa filed a Claim for Refund of Unlawful Taxes — Wisconsin Statutes § 74.35 (the "2010 Refund Claim ") with the City for a refund of 2010 property taxes paid in 2010 for the Property. D. The City failed to take action on the 2010 Refund Claim within ninety days after the 2010 Refund Claim was served such that the 2010 Refund Claim was deemed disallowed as of April 28, 2011 and, on July 26, 2011, Villa filed a lawsuit against the City in Winnebago County Circuit Court, Case No. 11- CV -1173, challenging the City's deemed denial of the 2010 Refund Claim. E. On February 25, 2011, Villa filed a Property Tax Exemption Request and a Low - Income Housing Exemption Property Owner's Certification of Occupancy with the City pursuant to Wisconsin Statutes § 70.11 claiming exemption from property taxes for the Property for 2011. F. The parties desire to resolve all current and potential claims against each other related to the exemption from property taxes of the Property without the necessity of further proceedings. G. The parties have agreed to a full and final settlement of all disputed issues related to, arising out of, or in connection with the claims for exemption from property taxes of the Property. AGREEMENT In consideration of the above recitals, covenants and in exchange for the release of claims contained herein and solely for purposes of settlement of the matters identified herein, the parties hereby agree as follows: 1. Incorporation of Recitals. The above Recitals are incorporated and made part of this Agreement between the parties. 2. Resolution of Disputed Claims. A. The City agrees to recognize the Property as a low- income housing project as that term is defined in Wisconsin Statutes § 70.11(4a) ( "Low- Income Housing Project ") for the years 2009, 2010 and 2011. The City further agrees to continue to recognize the Property as a Low - Income Housing Project for each and all years after 2011, provided that: (i) the Property satisfies the mathematical requirements to qualify as a Low - Income Housing Project set forth in Wisconsin Statutes § 70.11(4a)(c), as will be confirmed by Villa's annual filing of a Property Owner's Certification of Occupancy with the City assessor; (ii) there is no change in the use of the Property by Villa; and (iii) there is no amendment or revision to the Wisconsin Statutes or the Wisconsin Property Assessment Manual regarding the criteria or application of the Low - Income Housing exemption that would specifically change the exempt status of the Property. In the event that the Property does not satisfy said mathematical requirements, or there is a change in the use of the Property by Villa, or there is such amendment to the Wisconsin Statutes or Wisconsin Property Assessment Manual, the City reserves the right to review the tax exempt status of the Property commencing with the year in which such event occurs. B. The City agrees to recognize as exempt from property taxes, for the years 2009 and 2010, all units in the Property that were occupied by a low- income individual, as that term is defined in Wisconsin Statutes § 70.11(4a), ( "Low- Income Individual ") as of January 1 of each respective year, and all units in the Property that were vacant as of January I of each respective year and were rented to a Low - Income Individual during such respective year, and all common space, and land. C. The City agrees to pay a refund of taxes to Villa in the amount of $36,623.01 of the 2009 taxes on the Property paid by Villa. D. The City agrees to pay a refund of taxes to Villa in the amount of $38,373.97 of the 2010 taxes on the Property paid by Villa. E. For the year 2011, the City agrees to exempt from property taxes all units occupied by a Low - Income Individual as of January 1, 2011, and all units that are vacant as of January 1, 2011 and were only available for rent to Low - Income Individuals, and all common space, and land. The City agrees to record on the 2011 assessment roll that the Property is exempt from taxation as a Low - Income Housing Project. The parties further agree that the Property will be taxed -in -part for 2011 on a total assessed value of the six taxable units in the Property of $218,400. F. For 2012 and subsequent years, subject to paragraph 2A of this Agreement, the City agrees to record on the property tax roll that the Property is exempt -in -part from property taxes as a Low - Income Housing Project and agrees to only assess the Property as taxed -in -part as follows: (i) The City will exempt all units that are occupied by Low - Income Individuals on January 1 of the relevant tax year, and all units that are vacant on January 1 of the relevant tax year and are available for rent solely to Low- Income Individuals, and all common space, and land. (ii) The City will tax all units that are occupied by individuals who do not qualify as Low - Income Individuals on January 1 of the relevant year, or if vacant on January 1 of the relevant year, are not available for rent solely to Low - Income Individuals. (iii) The City will calculate a value for each unit in the Property that is subject to tax as provided in the Wisconsin Property Assessment Manual. Villa reserves the right to challenge the City's determination of the value of the taxable units as provided in paragraph 3 of this Agreement. 3 (iv) To establish that vacant units are only available to Low - Income Individuals, Villa agrees to enter into a Low - Income Housing Certification Agreement with the City in the form attached hereto as Exhibit A. (v) Villa agrees to obtain and make available to the City upon request certifications of the annual income of the tenants of the Property in the form of the Tenant Income Certification attached hereto as Exhibit A -1. G. Villa agrees to accept the refund of taxes as provided in this Agreement in full settlement of all of its claims against the City related to the exemption from property taxes for the years 2009, 2010 and 2011, as well as its 2009 Refund Claim and 2010 Refund Claim. H. Villa agrees to waive its claims for interest on the tax refund to which it would be entitled under Wisconsin Statutes § 74.35 for its 2009 Refund Claim and 2010 Refund Claim. I. Villa agrees to dismiss its Complaint in Winnebago County Circuit Court, Case No. 10 -CV -984, with prejudice. J. Villa agrees to dismiss its Complaint in Winnebago County Circuit Court, Case No. 11 -CV -1173, with prejudice. K. The City agrees to pay all refund amounts due to Villa pursuant to this Agreement within thirty (30) days of execution of this Agreement by all of the parties. Notwithstanding paragraph 211 of this Agreement, if the City does not make timely payment of the refund amounts due to Villa pursuant to this Agreement, the City agrees to pay interest as provided in Wisconsin Statutes § 74.35 commencing with the date the 2009 Refund Claim or the 2010 Refund Claim, as the case may be, was filed with the City and ending on the date the refund amounts are paid to Villa. Time is of the essence as to the payment of the refund amounts. 3. Notification and Right to Challenge Value of Taxable Units. Commencing for the year 2012 and all subsequent years in which the City determines a value of taxable units in the Property, the City shall give notice to Villa of its determination of the assessed value of the taxable units for such year no later than the date on which the City notifies property owners of assessed values under Wisconsin Statutes § 70.365. In the event that Villa does not agree with the City's determination of the assessed value of the taxable units, Villa shall have the same rights to contest the City Assessor's assessed value as an owner of fully taxable property has to challenge assessed values under Wisconsin law. 4. Retained Rights. The parties agree that Villa retains the right to apply for exemption from property taxes for the years 2012 and thereafter under any provision of the Wisconsin Statutes for which it may qualify for exemption. This Agreement shall not be construed in any way to limit Villa's right to claim an exemption solely as a Low - Income Housing Project. In the event that Villa files for such other or additional exemption, the City retains its rights to review such application for exemption as provided in Wisconsin law. 5. Mutual Covenant Not to Sue. The parties represent that, other than the complaints and claims identified in this Agreement, they have not filed any complaints or claims with any governmental agency or court relating to the 2009, 2010 or 2011 property taxes on the Property. The parties agree not to file any additional claim or lawsuit with any court or governmental agency asserting any claim against the other party arising out of the 2009, 2010 or 2011 exemption from property taxes of the Property that may have occurred prior to the date this Agreement is executed. 6. Dismissal of Lawsuits. Upon payment of the refund amounts identified in paragraphs 2C and 2D, the parties agree to execute a Stipulation and Order for Dismissal of Winnebago County Circuit Court Case Nos. 10 -CV -984 and 11 -CV -1173, with prejudice and without costs to either party. 7. Terms of the Agreement Survive. The mutual release of claims and waiver of rights herein does not include any claim or right that may arise after the date of this Agreement nor does it include a release or waiver of the right to institute and pursue legal action for the sole purpose of enforcing the provisions of this Agreement. This Agreement shall not be interpreted in any way to preclude the parties from enforcing the terms of this Agreement. If any party breaches this Agreement, the breaching party shall pay all costs incurred by the other party, including all expenses and reasonable attorneys' fees, in enforcing the terms of this Agreement. 5 8. Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the parties and their respective successors, and assigns. The parties' signatures below affirm that they have read and understood the provisions of this Agreement and the parties agree to comply with all terms hereof. 9. Authorized Signatories. Villa represents and warrants to the City that the undersigned individual is authorized to enter into and execute this Agreement on behalf of Villa. The City represents and warrants to Villa that the undersigned officials are authorized to enter into and to execute this Agreement on behalf of the City. 10. Entire Agreement. This Agreement constitutes the entire agreement - between the parties and contains all the agreements between them with respect to the subject matter hereof. It supersedes any and all other agreements, representations or contracts, either oral or written, between the parties with respect to the subject matter hereof. 11. Governing Law. This Agreement shall be construed and governed by the laws of the State of Wisconsin. 12. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which shall be deemed one and the same instrument. Signatures sent via facsimile or electronic transmission shall be deemed original signatures for purposes of creating a binding agreement. CITY OF OSHKOSH VILLA ST. THERESA, INC. BY: 13Y: Mark A. Rohloff Barrett S. Zuckerman Its: City Manager Its: President Date: BY: Pamela R. Ubrig Its: City Clerk BY: Lynn A. Lorenson Its: City Attorney Date: RE1NHART46770122 2 EXHIBIT A LOW - INCOME HOUSING CERTIFICATION AGREEMENT LOW INCOME HOUSING CERTIFICATION AGREEMENT This Low Income Housing Certification Agreement (the "Certification Agreement ") is made and entered into by and between the City of Oshkosh (the "City ") and Villa St. Theresa, Inc. ( "Villa ") effective , 2011. RECITALS A. The City and Villa have entered into an agreement (the "Settlement Agreement ") dated , 2011 in full and final settlement of all disputed issues related to, arising out of, or in connection with the exemption from property taxes of Villa's property located at 1255 West 18th Avenue, Oshkosh, Wisconsin, tax parcel number 1307310300 (the "Property "). B. Villa's mission as a tax exempt organization is to provide housing for low- income elderly persons in the City and Villa has determined that it will adopt a formal written policy to put forth its best efforts to restrict rentals of units in the Property solely to "low- income individuals" as such term is defined in Wisconsin Statutes § 70.11(4a) ( "Low- Income Individuals "). C. As provided in said Settlement Agreement, and as a supplement to said Settlement Agreement, Villa and the City have agreed to enter into this Certification Agreement whereby Villa will certify to the City that it has adopted a written policy and is providing housing solely to Low - Income Individuals at the Property. AGREEMENT In consideration of the above recitals, the terms and conditions of the Settlement Agreement between the parties and the mutual covenants below, the parties hereby agree as follows: 1. Incorporation of Recitals. The above Recitals are incorporated and made part of this Agreement between the parties. 2. Board of Directors Resolution. Villa shall adopt a Resolution wherein Villa's Board of Directors sets forth its policy to provide affordable housing by holding for rental units at the Property solely for Low- Income Individuals and to restrict the rental of any units at the Property that are vacant or become vacant beginning with the date of this Agreement and thereafter solely to Low- Income Individuals. Villa further agrees to provide a certified copy of said Resolution to the City within 15 days of the date of this Agreement. In the event that Villa modifies its policy, Villa agrees to promptly notify the City in writing of any modification of its policy. 3. Annual Tenant Certification. Villa agrees to obtain from each tenant of the Property a certification of the tenant's annual income commencing as of January 1, 2012 and as of January 1 of each year thereafter. The Tenant Certifications shall be in the form attached hereto as Exhibit A -1 (the "Tenant Certification ") and are in addition to all other documents required by statute be filed by Villa with the City Assessor. Villa shall retain the annual Tenant Certifications for a minimum period of three years and shall allow the City Assessor or the City Attorney to inspect said Tenant Certifications upon reasonable written notice to Villa by the City Assessor or the City Attorney. 4. Termination of Agreement. This Agreement shall terminate on the earliest of the December 31 immediately preceding the year during which any of the following events occurs: (a) Enactment of an amendment to or repeal of Wisconsin Statutes § 70.11(4a) (2009 — 10) after the effective date of this Agreement which has the effect of changing the status of the Property from exempt to taxable, in whole or in part. (b) A determination by the City or a court of competent jurisdiction that the Property qualifies for exemption from property tax under any provision of law other than exemption as low - income housing pursuant to Wisconsin Statutes § 70.11(4a). (c) Ten years after the effective date of this Agreement. (d) In the event that Villa fails to comply with the terms of this Agreement, the City shall have the right to determine that any vacant units at the Property as of the immediately prior January 1 and on January 1st of each year thereafter are subject to property taxation under Wisconsin Statutes § 70.11(4a). 5. Amendment to Agreement. This Agreement may be amended only by a written agreement executed by both parties. 6. Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. 7. Governing Law. This Agreement shall be construed and governed by the laws of the State of Wisconsin. 8. Entire Agreement. This Agreement and the Settlement Agreement constitute the entire agreement between the parties. There are no other agreements, written or oral, except as set forth herein. 2 9. Authorized Signatures. Villa represents and warrants to the City that the undersigned individual is authorized to enter into and execute this Agreement on behalf of Villa. The City represents and warrants to Villa that the undersigned officials are authorized to enter into and execute this Agreement on behalf of the City. 10. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which shall be deemed one and the same instrument. Signatures sent via facsimile or electronic transmission shall be deemed original signatures for purposes of creating a binding agreement. CITY OF OSHKOSH VILLA ST. THERESA, INC.: BY: BY: Mark A. Rohloff Barrett S. Zuckerman Its: City Manager Its: President BY: Pamela R. Ubrig Its: City Clerk BY: Lynn A. Lorenson Its: City Attorney REIN HART17204811_2 3 EXHIBIT A -1 TENANT INCOME CERTIFICATION TENANT INCOME CERTIFICATION Villa St. Theresa, Inc. ( "Villa ") has adopted a policy and has entered into an agreement with the City of Oshkosh ( "Agreement ") that Villa will rent units at the property known as Glynn Park solely to "low- income individuals ", as that term is defined in Wisconsin Statutes § 70.11(4a). The information below is being provided in accordance with said Agreement. PART I — PROPERTY INFORMATION Property Name: Glynn Park Address: 1255 West 18th Avenue, Oshkosh, Wisconsin Real Estate Parcel No. 1307310300 Unit #: PART II — HOUSEHOLD MEMBERS Relationship to Head of Names of All Household Members Date of Birth Household 1. 2. 3. PART III — ANNUAL INCOME: Annual Income as of January 1, 20_ (A) (B) (C) Household Annual Employment Social Security and Other Income (Interest, Member Salary or Wages Pensions Dividends, Public Assistance, etc.) 1. 2. 3. Totals Total Household Income (totals of columns A, B & C) S PART IV - INCOME CERTIFICATION I understand that the information on this form will be used to determine income eligibility for Low Income Housing in accordance with the Agreement between Villa St. Theresa, Inc. and the City of Oshkosh. I/we have provided for each person(s) set forth in Part II above, verification of their annual income. Uwe agree to notify the landlord immediately upon any member of the household moving out of the unit or any new member moving in. I/we further understand that providing false, misleading or incomplete information may result in the immediate termination of the lease agreement at the sole discretion of the landlord. Accordingly, Uwe hereby certify that the information presented in this certification is true and accurate to the best of my /our knowledge and belief. Tenant Signature Tenant Signature [Print Name] [Print Name] Date Date