NEW CASTLE —
New Castle City Council approved a new assessed value for Westview Terrace on the city’s West Side last night.
The compromise settlement for the property is $3.2 million.
The property originally had been assessed at $2 million. However, Westview Terrace Estates LP, which has its address in New Castle, purchased the property for $4.2 million in 2011 from Westview Investors LLC of Cleveland.
The New Castle Area School District subsequently appealed the assessed value to the Lawrence County Board of Assessment Appeals. The board then set the assessment at $4 million.
After the owner appealed to Lawrence County common pleas court, a compromise settlement was reached contingent on formal approval by the city, county and school district.
Asssistant solicitor Jonathan Miller said the county and school district are on board with the agreement.
The school board and the county commissioners expect to vote on similar resolutions next month.
Closer Look
City OKs Westview Terrace reassessment
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On the Record is a periodic update of public information coming out of the Lawrence County Government Center and local police departments. Look inside for the latest listing of births and district judge reports
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On The Record: Today’s police and district judge reports
On the Record is a periodic update of public information coming out of the Lawrence County Government Center and local police departments. Look inside for the latest listing of births and district judge reports.
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Ohio man suspect in Pulaski burglaries
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Our Opinion: Vo-tech nursing program faces elimination in budget crunch
The past few years have been difficult financially for Pennsylvania’s education system. Tight budgets produced by an economic slowdown, weakening support from Harrisburg and an ever-increasing rise in personnel costs has created a fiscal bind for most school districts, those in Lawrence County included.
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