Agenda - 05-04-2021; 8-k - Refund Request – Lake Orange Inc.

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6 From: Steve Yuhasz<steve@sfypllc.com> Sent: Tuesday, April 6, 2021 1:35 PM To: Nancy Freeman Subject: [EXTERNAL MAIL!] Re: Lake Orange Inc Appeal Nancy- Thank you for this reply. First, the inclusion of the tax year 2020 in the appeal was inadvertent and a result of my confusion as to which tax years are in dispute. After the action taken by the Board of Equalization and Review on June 24, 2020 regarding the property and the subsequent tax bill due in 2020 in the amount of$1606.24 (now $1668.22 including interest) the assessment for 2020 and years following is acceptable and the appeal for tax year 2020 is hereby withdrawn. I understand the hold on tax collection is now ended and that Lake Orange. Inc. is now obligated to immediately pay all the taxes due. Frankly, Lake Orange, Inc. is not financially able to do that. I have spoken with John Tolar, President of Lake Orange and proposed that he visit your office on Friday with the funds to pay the 2020 tax bill and to meet with you to discuss a plan to pay the approximate $16,000 in back taxes due on the property. As you may be aware, the only source of income for Lake Orange, Inc. is the user fees generated from lakeside lot owners. Unfortunately, the means to enforce payment of those fees lack the teeth that some agencies possess - thus the continual difficulty in meeting some obligations. I appreciate your attention to this matter. -Steve On 4/6/2021 12:49 PM, Nancy Freeman wrote: Good afternoon Mr. Yuhasz, I have attached my response to your letter received January 11, 2021. As noted, I will submit your request for refund/release of taxes for Lake Orange Inc. property known as PIN 9857623476 at the May 4, 2021 meeting of the Orange County Board of Commissioners. I have also attached a copy of legal opinion from Chris McLaughlin at the UNC School of Government entitled, "Coates Canons - When Does an Appraisal Error Justify a Refund". In addition I included a copy of the 2021 Notice of Revaluation and an informal appeal form. I would encourage that an appeal be submitted based on the statement of value in your letter of$103,000 for 2021. We are accepting informal appeals through the end of April. Thank you for your patience. A hardcopy of this letter and enclosures will be mailed today. Please let me know if I can be of further service. Best regards, Nancy Freeman Tax Administrator Orange County Tax Office Hillsborough, NC 919-245-2735 "How wonderful it is that nobody need wait a single moment before starting to improve the world." - Anne Frank CONFIDENTIALITY NOTICE: All email messages, including any attachments, generated from or received by this account are the property of Orange County Government and as such are considered public domain and are subject to the North Carolina Public file:///SI/Agendas/2021/05-04-21/6-c%202%20-%2OEmai1%2ORe%2OLake%200range%201nc.%2OAppeal.txt[4/19/2021 1:35:18 PM]