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Fall River City Council voted to accept a deed in lieu of foreclosure for 43 Lowell Street and completed routine fiscal votes that set the city's tax and residential factors.
The council accepted the mayor's order approving the deed in lieu for 43 Lowell Street after a motion to place the communication on file and to adopt the order. The roll-call recorded multiple yes votes and President Kamara registered an abstention. “Motion accept placed on file with communication,” the Clerk announced before the roll call.
Councilors then approved a tax factor of 1.75 by motion and voice vote and adopted a residential factor of 85.2057 for the city. The Presiding officer called for the voice votes and announced the motions carried.
Why it matters: the tax factor and residential factor affect how property tax burdens are distributed in Fall River City and the deed in lieu resolves the city's legal interest in a single property at 43 Lowell Street.
The council completed several other routine items after these votes, including second-reading actions and license approvals. The meeting proceeded to other agenda items following the fiscal decisions.
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