MASSENA - The town of Massena has settled an assessment dispute with the St. Regis Nursing Home, agreeing to lower its assessment from approximately $3.7 million to roughly $2.9 million.
Town Superisor Joseph D. Gray announced the settlement this week, noting the $810,000 decrease was made retroactive to 2011.
Were going to have to refund them anything they overpaid for those three years, Mr. Gray said.
Councilman Charles A. Chuck Raiti then asked where the money to do so would come from.
It comes through chargebacks on your county taxes, said Town Bookkepper Nancy Fregoe. We dont actually cut them a check.
When asked what the impact would be to the town, Mr. Gray said he wasnt expecting the settlement to have a major impact on the towns taxpayers,
I dont think anyone is going to see a spike in their taxes because of this, Mr. Gray said.
Kent Grove Realty Corp., the company which owns the nursing home, had originally sought to have their assessment reduced to $2 million.
Rebecca M. Speno, an attorney representing the nursing home, said in August 2012 her research determined that propertys assessment was too high.
Were open to having discussions with the town to discuss what their findings are. Its important all parties come to the table and talk, she said. Its just basically about assessment equity and maintaining the integrity of the towns assessment roll.