North Penn SD Minutes Finance Committee Meeting 2026-06-02
Assessment Appeal Settlement Recommended – National Retail Properties Trust
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Description
The committee recommended approval of a settlement agreement with National Retail Properties Trust for an assessment appeal regarding 739 Bethlehem Pike, adjusting the district tax assessment for three years and settling owed taxes.
Contract Details
Contract Amount
$9,554.90 (taxes due to district)
Vendor
NATIONAL RETAIL PROPERTIES TRUST
Agency
North Penn SD, PA
Contract Type
OTHER
Document Date
June 2, 2026
Contract Term
2024–2026 district tax years and subsequent
Renewal Date
2026-12-31
Renewal Info
Assessment remains at $645,960 for each subsequent tax year after 2026 per agreement.
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