Lahtinen, J.
In July 1997, petitioner commenced this RPTL article 7 proceeding seeking a reduction of the 1997 tax assessments on seven separately taxed parcels of his property located in the Town of Catskill, Greene County. As a result of negotiations, the parties entered into a stipulation of settlement which, inter alia, set forth the identification number, new assessed value and amount of the reduction of the assessment for each parcel. This stipulation...
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