This resolution approves a settlement for Four One Five, LLC, requiring the City and County of San Francisco to pay $1,271,961 plus interest for a claim related to a refund of real property transfer taxes. The claim was filed on October 11, 2024, and the resolution has been passed.
Resolution approving the settlement of the unlitigated claim filed by Four One Five, LLC against the City and County of San Francisco for $1,271,961, plus statutory interest; the claim was filed on October 11, 2024; the claim involves a refund of real property transfer taxes.
How it got here
The legislation originated from a claim filed by Four One Five, LLC for a refund of real property transfer taxes, which was recommended for settlement by the Office of the Assessor-Recorder.
Four One Five, LLC filed a claim against the City and County of San Francisco for a refund of real property transfer taxes.
The Office of the Assessor-Recorder reviewed the claim and recommended settlement for $1,271,961 plus statutory interest.
The Government Audit and Oversight Committee recommended the settlement of the claim.
The Board of Supervisors adopted the resolution to settle the claim for $1,271,961 plus statutory interest.
The Mayor approved the resolution for the settlement of the claim.
Reconstructed from attached documents & the official record
