Increase tax preparation contract by $15,250 for nonprofit corporation

Tax Preparation ContractContracts

In Plain English

The city created a nonprofit corporation in 2010 to help stabilize neighborhoods after the foreclosure crisis. The corporation fell behind on tax filings due to staffing problems and lost its legal standing. If approved, the city pays an accounting firm $25,250 total to file missing tax returns so the corporation can sell its remaining vacant property.

Auto-generated summary. Source: official agenda documents.