Y ) Property sale / Delta Communications, LLC. from Cerrado, LLC.
( given an immediate $ 382,910.00 discount from a $ 440,000.00 sale ) Documents
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On October 20, 2010 the City of Marion passed Ordinance # 2330 accepting the dedication of the newly created subdivision platted as the “ CLEARWAVE COMMUNICATIONS COMMERCIAL” to the City of Marion, Illinois. This 3.142 acre subdivision was comprised of a total of only two lots. Jeff Robinson approved the subdivision plat, signed, and recorded it.
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On October 29, 2010, Cerrado LLC. ( Osman and Mayer etal ) sold Lot #2 to Delta Communications, LLC. ( the recipient of a 31 million dollar federal contract award )
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P-TAX records confirm that the purchase price was $ 440,000.00. ( see documents referred to as Exhibit Y )
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There was a 19 year old building ( previously a “Golf Warehouse”) on the property at the time of the sale, assessed with improvements at a fair cash value of $ 115,680.00 on the 2010/2011 tax bill.
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Delta Communications, LLC. obtained a $ 560,000.00 building permit in March of 2011, razed the old building, and built a new one specifically for their fiber optic cable installing business.
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In an inexcusable departure from the normal and expected assessment requirements, the Williamson County Tax Assessor did not reassess this property to reflect the actual purchase price, aka its fair cash value.
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Instead, the Williamson County Tax Assessor assessed the land value at only $ 57,090.00, and the new building for $ 400,370.00. Clearly, the fair cash value assessment should have been the actual purchase price of $ 440,000.00, plus the new building assessment of $ 400,370.00, for a total of $ 840,370.00.
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The rough estimate of tax monies defrauded the county taxpayers on this transaction alone is approximately $ 18,000.00.
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