The list of businesses that are being reviewed include a Subway, Starbucks, Chick-fil-A and even Waterleaf, the upscale college-run restaurant. Meanwhile, LeVan said his office is investigating whether any of the other businesses on the campus should be paying property taxes. ![]() We are not made aware of what private management companies provide to the assessor," Glaser said. Each year, we provide the assessor with a document detailing our total exempt property. "We have received no communication from the assessor regarding this issue. "They have to inform the supervisor of assessments exactly what is going on so the proper assessments can be made," he said.ĬOD hasn't been contacted by LeVan about tax exemptions, Senior Vice President of Administration Tom Glaser said in a statement. When asked why Milton Township never assessed the bank before, LeVan said it's the college's responsibility to notify the supervisor of assessments about businesses that have leases with the school. "If we are presented with a reimbursement request or a lawful tax assessment, we will comply with it and pay the appropriate tax on our 333-square-foot branch." "We have not been presented with a reimbursement request or a tax assessment for the branch that has been open for approximately two years," said Dana Ripley, a bank spokesman. Bank officials said they have never been asked to pay property taxes. The amount owed won't be determined until the property is assessed. ![]() So the assessors office is going to issue a "certificate of error" on the bank and have the business taxed for 2014. LeVan said research done by a downstate group called the Edgar County Watchdogs found there was a lease agreement between U.S. "It's no different from a farmer farming government land," LeVan said. How much property taxes they pay is based on their lease amount. Even though COD's campus is tax-exempt, LeVan said any businesses with leases to operate on the campus must pay property taxes.
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