Marina Fontana v. Village of Fontana-On-Geneva Lake

The complaint alleges that on or about May 1, 1972, upon reassessment by the assessor for the village, the assessed valuation of plaintiffs’ property was increased from $4,373,820 to $6,572,300, thus raising the assessed valuation of plaintiffs’ property in the amount of $2,198,480. The plaintiffs seek to recover from the village $62,533.22, plus interest, in taxes paid as a result of such alleged excessive and illegal increase in the assessed valuation of its property. It is further alleged that no notice of the increased assessment was given by the village to the plaintiffs as required by…