The owner of The Rise golf course in Vernon is suing the city alleging negligent misrepresentation in a tax dispute.
Rencor Investments Ltd. claims city officials misrepresented the property tax load for the golf course in 2014 when Rencor bought it in a foreclosure proceeding.
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The company claims the alleged error in the Local Service Area tax rate, for water reclamation infrastructure, resulted in annual taxes almost tripling to nearly $100,000.
The lawsuit also claims total outstanding property taxes jumped from zero to almost $190,000.
Rencor claims as a result of the city’s alleged misrepresentations, it paid too much for the bankrupt development and suffers ongoing increased tax liabilities.
It’s seeking unspecified financial compensation.
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