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TOWN OF SECAUCUS v. CITY OF JERSEY CITY

20 N.J. Tax 562 (2003)

TOWN OF SECAUCUS, PLAINTIFF, v. CITY OF JERSEY CITY, NEWPORT CENTRE, 20 RIVER COURT WEST URBAN RENEWAL CORP., 30 RIVER COURT EAST URBAN RENEWAL CORP., AND NOC III URBAN RENEWAL LIMITED LIABILITY CO., DEFENDANTS. TOWN OF SECAUCUS, TOWNSHIP OF NORTH BERGEN AND CITY OF BAYONNE PLAINTIFFS v. CITY OF JERSEY CITY, NEWPORT CENTRE, 20 RIVER COURT WEST URBAN RENEWAL CORP., 30 RIVER COURT EAST URBAN RENEWAL CORP., AND NOC III URBAN RENEWAL LIMITED LIABILITY CO., DEFENDANTS.

Tax Court of New Jersey.

January 17, 2003.

Attorney(s) appearing for the Case

Paul Tannenbaum, for plaintiff Town of Secaucus (Zipp and Tannenbaum, attorneys).

Robert J. Cirafesi, for defendant City of Jersey City (Wilentz, Goldman & Spitzer, attorneys).

Frank E. Ferruggia, for defendants Newport Centre, 20 River Court West Urban Renewal Corp., 30 River Court East Urban Renewal Corp., and NOC III Urban Renewal Limited Liability Co. (McCarter & English, attorneys).

Hugh A. McGuire, III, for plaintiffs Township of North Bergen and City of Bayonne.

KUSKIN, J.T.C.

On January 16, 1989, plaintiff, Town of Secaucus, and Newport City Development Co. ("NCDC"), a predecessor in interest to defendants Newport Centre, 20 River Court West Urban Renewal Corp., 30 River Court East Urban Renewal Corp., and NOC III Urban Renewal Limited Liability Co. (collectively the "Newport Entities") entered into a settlement agreement (the "Settlement Agreement") with respect to appeals filed by Secaucus seeking increases in the tax...

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