By: Diane Benjamin
Remember the $100 a month lease for the property at 305 S. Linden? Remember Normal was going to pay $5000 to have internet installed? Normal would be forced to pay property taxes on that property too, the rent likely would not have covered both the taxes and internet. (See original story: https://blnnews.com/2019/04/14/is-normal-handing-out-a-cheap-lease/)
This lease was pulled from the agenda before the meeting when people noticed. It was on the Omnibus Vote Agenda and would have sailed through the Council if Stan Nord and Karyn Smith hadn’t been elected. Nord insisted last Monday night that all future leases at least break even.
This property tax payment was approved Monday night:
The property PIN number is 14-22-476-016. The property is a vacant lot, the property taxes are for an entire year, not just the first installment.
The property should have been listed as exempt since the Town owns it and it is not being leased. Below is the history, Normal sold it and then bought it back:
I hope Pam Reece stopped the check before it was cashed.
For 2017 the Town paid $5,133.26 in property taxes – taxable value $58,448
For 2016 the Town paid $5,002.44 in property taxes – taxable value $58,448
The net taxable value plummeted when Normal sold it in 2018 – $23,333
Is this another case of Normal trying to force development by selling a property way below the actual value? The buyer decided not to develop, so the Town bought it back?
The money Normal paid in error in previous years won’t be returned. It has been distributed to all the taxing bodies.
I think we need to keep a running total of taxpayer money saved because Normal now has two representatives willing to ask questions!
I think Stan and Karyn can be credited with saving the $5,000 internet installation and $2,093.60 in property taxes and well as all future tax payments.
Let’s just call it $7000 so far. Both Stan and Karyn took office in May. Stay tuned for a running total and the aggravation expressed by the trustees who previously rubbber-stamped everything.
Elections do have consequences, for once a good one!