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- Category: Current Issue
Action stops the tax sale
of five properties
By Linda Lemmon
Town Crier Editor
PUTNAM — Nearly $900,000 came into the town coffers thereby removing the Putnam Science Academy and D & M holdings from town’s Aug. 23 tax sale, according to Tax Collector Melissa Alden.
D & M had been the owner of 55 Gilman Street, 26 Church Street, 18 Maple Street, 72 Church Street and 15-23 Marshall Street.
D&M is not a tax-exempt entity. Taxes to the town and to the Special Service District were not paid in 2018, 2019 and 2020. The taxes, interest and liens for both the town and the Special Service District totaled $894,882.11 and the town placed all the properties on the list for the tax sale.
Alden said that in 2021 the property owners transferred all but 55 Gilman St. into the tax-exempt Putnam Science Academy holdings.
D & M’s property at 55 Gilman St. is still taxable.
She said that the payments to the town began in July and continued through Aug. 8 when the final property was paid in full. She added all delinquent taxes have been paid to the town and the district and that no properties owned by PSA or D & M will be involved with the tax sale.
A breakdown:
55 Gilman St.
Taxes/interest/liens paid: $159,350.24 (town: $111,160.42 and district: $48,189.82)
26 Church St.
Taxes/interest/liens paid: $31,992.67 (town: $22,325.00 and district: $9,667.67)
18 Maple St.
Taxes/interest/liens Paid: $337,455.62 (town: $235,497.23 and district: $101,958.39)
72 Church St.
Taxes/interest/liens paid: $304,757.14 (town: $212,498.73 and district: $92,258.41)
15-23 Marshall St.
Taxes/interest/liens paid: $61,326.44 (town: $42,828.33 and district: $18,498.11)
Total town collections: $624,309.71
Special Services District total: $270,572.40
.