Monday, November 16, 2009

Chrysler pays late property taxes, interest - Rockford, IL

paid its nearly $1 million property taxes Friday, paving the way for the Boone County treasurer’s office to begin sending out payments to area taxing districts.

[States Attorney] Courier said her office filed a claim Nov. 2, in conjunction with Chrysler’s settlement agreement, seeking the full property tax payment and $30,000 in interest penalties.
“They pretty swiftly gave us the money,” she said. “We executed that Nov. 2, and we got the money on Friday. When you’re talking about $914,000, it’s pretty significant.”

Interest penalties totaled $53,051 as of last week, Newport said, but the county has only received $30,000 in interest which will be paid to the county’s general fund on Dec. 1.

Click on the following for more details:  Chrysler pays late property taxes, interest - Rockford, IL - Rockford Register Star

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