2025_12_18 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID: BE7173ED-52F6-47B6-A7EB-347CE2C7F857 Property Address Business Personal Parcel ID or Abstract 281391 Property at 301 W. Barbee Chapel Road, Chapel Hill Statement of Appeal: Request to remove penalties associated with business personal property tax discovery notice. Current Appealed N/A County Opinion Applied statutory listing Value enalties for 2025 Time of Hearing 9:12 AM Appellant Opinion Request compromise of listing penalties in the amount of $1,116.96 County Representative Karen Atwater Board Decision Compromise of listing penalties in the amount of$1,116.96 anted. Evidence submitted by the appellant: • Morgan Creek Capital Management LLC is requesting that the Board compromise listing penalties from an untimely 2025 listing, in the amount$1,116.96. • Please see full appeal statement provided in PDF: • Appellant appeal-Morgan Creek Capital Management LLC • I write to respectfully request an abatement in full of the late list penalties charged on our tax bill. • Morgan Creek has been operating in Orange County since our formation 20 years ago.We are a small locally owned business. These late list fees were charged because our listing was not filed by April 15, 2025. We were notified of this non-filing by mail and promptly contacted the Tax Office, filing the missing listing electronically. We have carefully checked our files and are unable to ascertain if the filing was made and lost in the mail,or the filing was inadvertently not made. • We are requesting this abatement given this is the first time such a filing deadline was missed in the firm's 20-year history, and we promptly provided the listing as soon as we became aware of this. We note that no tax payments have been paid late by the firm in our history. • We appreciate your consideration in this matter.Nick Taylor Evidence submitted by the county representative: • For the 2025 listing period, a timely extension request was made and approved for Morgan Creek Capital Management LLC, allowing up to April 15, 2025, for the annual listing. • No listing form was received by the deadline so a Discovery Notice,the purpose of which is to notify businesses that we have information on file and did not receive a listing,was mailed out June 10,2025. • Mr. Taylor called June 17, 2025 to understand the Discovery Notice and what it meant. • When it was explained that no listing was received,he indicated that he believed their listing had been sent. Since a listing did not arrive, an online/electronic means of instant submittal was provided to him and he promptly submitted the listing via our online service,CivicPlus, that same day. • The listing was processed as received June 17,2025,to include listing penalty per NCGS 105- 312.