WPCNR QUILL & EYESHADE. July 5, 2005: Hidden deep in the backup material  on the Common Council agenda tonight, are the details on the city certriorari settlement with Bloomingdale's. The refund the city will pay Bloomingdales for tax years extending from 1995-96 through 2004-2005 is $200,000 more than WPCNR predicted in our analysis of the school district certiorari payment. The Common Council will be asked to vote tonight to approve a settlement payable to Bloomingdales of $627,386. The School District approved their certiorari payment to Bloomingdale's of $1.7 million when they met last month.

The Bloomingdale's property was assessed at $2, 250,000 in 2004-05, and the city has agreed to lower that assessment $950,000 to $1,300,000, resulting in a refund of $111,729.50 for 2004-05 and a payment of $116,897.50 in 2005-06.