SETTLEMENT AGREEMENT

THIS SETTLEMENT AGREEMENT (“Agreement”) entered into as of the 13th day of June
2012, between and among Trump Marina Associates, LLC (“Marina”), Trump Plaza
Associates, LLC (“Plaza”), Trump Taj Mahal Associates, LLC (“Taj”) (hereinafter,
collectively “Trump”), Golden Nugget Atlantic City, LLC (“Golden Nugget”) and
the City of Atlantic City (hereinafter “City”), a municipal corporation of the
State of New Jersey in the County of Atlantic (hereinafter collectively referred
to as the “Parties”).
WHEREAS, the Marina filed real estate tax appeals for tax years 2008, 2009, 2010
and 2011 in connection with that certain property referenced on Exhibit A
attached hereto (the “Marina Property”) and the City filed answers and
counterclaims in each tax year (the “Marina Appeals”).
WHEREAS, the Marina Appeals are pending before the Tax Court of New Jersey under
docket numbers 007484-2008; 007489-2008; 009250-2009; 009261-2009; 006062-2010;
006210-2010; 003493-2011; 003365-2011; and
WHEREAS, the Golden Nugget filed a real estate tax appeal for tax year 2012 in
connection with the Marina Property and the City filed an answer and
counterclaim in such tax year (the “Golden Nugget Appeal”).
WHEREAS, the Golden Nugget Appeal is pending before the Tax Court of New Jersey
under docket number -2012 and -2012; and
WHEREAS, the Plaza filed real estate tax appeals for tax years 2008, 2009, 2010,
2011 and 2012 in connection with that certain property referenced on Exhibit B
attached hereto (the “Plaza Property”) and the City filed answers and
counterclaims in each tax year (the “Plaza Appeals”).

1

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WHEREAS, the Plaza Appeals are pending before the Tax Court of New Jersey under
docket numbers 007488-2008; 007565-2008; 010454-2009; 011548-2009; 006064-2010;
005934-2010; 003498-2011; 007232-2011, -2012 and -2012; and
WHEREAS, the Taj filed real estate tax appeals for tax years 2008, 2009, 2010,
2011 and 2012 in connection with that certain property referenced on Exhibit C
attached hereto (the “Taj Property”) and the City filed answers and
counterclaims in each tax year (the “Taj Appeals”).
WHEREAS, the Taj Appeals are pending before the Tax Court of New Jersey under
docket numbers 007574-2008; 010192-2009; 005934-2010; 003501-2011; and -2012;
and
WHEREAS, the Parties have agreed to amicably resolve the Marina Appeals, the
Golden Nugget Appeal, the Plaza Appeals and the Taj Appeals (collectively, the
“Subject Tax Appeals”) on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the premises and other good and valuable
consideration, the Parties hereto agree, covenant and stipulate as follows:
1.Except as set forth in the Stipulations of Settlement attached hereto as
Exhibits D, E and F attached hereto, the assessments on the Marina Property, the
Plaza Property and the Taj Property (collectively, the “Subject Properties”) for
tax years 2008, 2009, 2010, 2011 and 2012 are hereby affirmed and all
counterclaims filed by the City on the Subject Properties are hereby withdrawn;
it being the intent of the each of the Parties that all real estate taxes due
and owing on the Marina Property, the Plaza Property and the Taj Property in
2012 will be paid based upon the respective existing 2012 Assessments; it being
the further intent of the Parties that the assessments of the real property set
forth in Exhibit D, E and F shall be implemented and judgments shall be entered
in accordance therewith; and

2

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2.In order to effectuate the settlement of the Subject Tax Appeals, Trump and
the Golden Nugget have entered into Stipulations of Settlement with the City
attached hereto and incorporated herein as Exhibits D, E and F; and
3.Provided that the City Council of the City of Atlantic City (“City Council”)
approves this Settlement Agreement, counsel for the Parties will promptly file
the original, fully executed Stipulations of Settlement referenced in ¶2 above
together with this Settlement Agreement with the Tax Court of New Jersey; and
4.It is the intent, understanding and agreement of the Parties that the
reductions in assessments set forth in Exhibits D, E and F shall result in a
collective refund/credit to Trump of property taxes previously paid in the
aggregate amount of $54,000,000 (“Refund/Credit”) and that the Refund/Credit
obligation of City to Trump shall be equal to the aforesaid sum; starting with
the 2013 calendar year, the Refund/Credit shall be applied solely as credits
against future tax payments due on the Taj Property as set forth on Exhibit G
attached hereto provided that the City has the right to issue to Trump a cash
refund at any time during the time frame contained in Exhibit G in an amount
equal to the then remaining Refund/Credit due and owing to Trump; and
5.Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is
conditionally waived by Trump, and their respective successors and assigns, and
shall not be paid by the City in connection with this settlement on the
condition that the terms of this Settlement Agreement are fully implemented; in
the event the terms of this Settlement Agreement are not fully implemented by
the City, such pre-judgment interest waiver shall be rescinded and will be of no
force and effect and any and all pre-judgment interest shall be paid as provided
by statute; and
6.Trump, and their respective successors and assigns, also conditionally waive
any and all post-judgment interest, which shall not be paid by the City in
connection with this

3

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settlement on the condition that the terms of this Settlement Agreement are
fully implemented; in the event the terms of this Settlement Agreement are not
fully implemented by the City, such post-judgment interest waiver shall be
rescinded and will be of no force and effect and any and all post-judgment
interest shall be paid as provided by law; and
7.Except as provided in ¶13 below, the provisions of N.J.S.A. 54:51A-8 (the
“Freeze Act”) shall not apply to the disposition of the Subject Tax Appeals; and
8.The Tax Assessor of the City of Atlantic City’s (the “Assessor”) present
intention is to assess the Marina Property, which is now operating under the
name of Golden Nugget Atlantic City, as of October 1, 2012 for tax year 2013 for
a total assessed value of $175,000,000 (the “2013 GN Assessment”), which the
City and Golden Nugget agree is the fair assessable value for 2013 for such
property; and the City agrees that it will not levy an added, omitted or partial
assessment on the Marina Property with respect to the 2012 tax year; the Parties
further agree that the City may increase the 2013 GN Assessment in an amount not
to exceed the actual hard costs of the real property improvements
constructed/installed by Golden Nugget after the date of its acquisition of the
Marina Property on May 24, 2011; and
9.Golden Nugget, for itself and its successors and assigns, agrees that in the
event the Marina Property is assessed by the Assessor in 2013 in accordance with
¶8 of this Agreement, Golden Nugget, and its successors and assigns, will seek
no assessment reduction for tax year 2013 or otherwise contest the 2013
assessment. Golden Nugget agrees that in the event the Marina Property is
assessed by the Assessor in 2013 in accordance with ¶8 of this Agreement, it
will defend, indemnify and hold harmless the City for any costs the City incurs
if Golden Nugget, a successor or assignee of Golden Nugget or another entity
having standing claiming through Golden Nugget files an appeal seeking a
reduction or otherwise contests the 2013 GN Assessment; Golden Nugget

4

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further agrees that it will disclose in writing to any purchaser, successor or
assignee of Golden Nugget or another entity having standing claiming through
Golden Nugget that Golden Nugget has agreed to seek no assessment reduction for
tax year 2013 or otherwise contest the 2013 GN Assessment; and
10.The Assessor’s present intention is to assess the Plaza Property as of
October 1, 2012 for tax year 2013 for a total assessed value of $250,000,000
(the “2013 Plaza Assessment”), which the Parties agree is the fair assessable
value for 2013 for such property;
11.The Assessor’s present intention is to assess the Taj Property as of October
1, 2012 for tax year 2013 for a total assessed value of $1,000,000,000 (the
“2013 Taj Assessment”), which the Parties agree is the fair assessable value for
2013 for such property;
12.Trump, for itself, its successors and assigns, agrees that in the event the
Plaza Property and the Taj Property are assessed by the Assessor in 2013 in
accordance with ¶¶10 and 11 of this Agreement, Trump, and its successors and
assigns, will seek no assessment reduction for tax year 2013 or otherwise
contest the 2013 Plaza Assessment or the 2013 Taj Assessment. Trump agrees that
in the event the Plaza Property and the Taj Property are assessed by the
Assessor in 2013 in accordance with ¶¶10 and 11 of this Agreement, it will
defend, indemnify and hold harmless the City for any costs the City incurs if
Trump, a successor or assignee of Trump or another entity having standing
claiming through Trump files an appeal seeking a reduction or otherwise contests
the 2013 Plaza Assessment or the 2013 Taj Assessment; Trump further agrees that
it will disclose in writing to any purchaser, successor or assignee or another
entity having standing claiming through Trump that Trump has agreed to seek no
assessment reduction for tax year 2013 or otherwise contest the 2013 Plaza
Assessment or the 2013 Taj Assessment; and

5

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13.On or after January 10, 2013, Trump and/or Golden Nugget, or their successors
and assigns as applicable, will file the executed Stipulations of Settlement
attached hereto as Exhibit H, and seek the entry an Order of Judgment from the
Tax Court approving the settlement of the 2013 GN Assessment, the 2013 Plaza
Assessment and the 2013 Taj Assessment as provided in ¶¶ 8 through 12 of this
Agreement, to which the provisions of the Freeze Act shall be applicable. It is
the intention and agreement of the Parties hereto that the 2013 Assessments and
the application of the Freeze Act thereto are a material part of this Settlement
Agreement. The City agrees that it will act in good faith and take all action
necessary to ensure entry of the Order of Judgment referenced in this ¶13; and
14.It is further stipulated and agreed that if after entry by the Court of an
Order of Judgment approving the settlement of the 2013 Assessments as provided
in ¶13, the Subject Properties are not assessed for 2013 as provided in ¶¶ 8
through 12 of this Agreement, then Trump and Golden Nugget may take such action
as necessary and appropriate to enforce such Court Order and in any such action,
the City will join in, and consent to, such action. The City further agrees that
it will not support any action or effort challenging or otherwise contesting
entry of an Order of Judgment fixing the 2013 Assessments as provided in ¶¶ 8
through 12 of this Agreement; and
15.The Parties acknowledge that proofs relating to the values of the Subject
Properties have been exchanged and the Parties have made such examination of the
value and proper assessment of the Subject Properties and have obtained such
advice, appraisals, analyses and information with respect to the valuation and
assessment of Subject Properties as they deem necessary and appropriate for the
purpose of enabling them to enter into this Settlement Agreement;

6

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16.The Assessor of the taxing district has been consulted by the attorney for
the City and the Assessor has concurred with the provisions of this Settlement
Agreement; and
17.Based upon the foregoing, the Parties represent that the above settlement
will result in assessments at the fair assessable value of the Subject
Properties consistent with assessing practices generally applicable in the
taxing district as required by law; and
18.In the event of any dispute between Trump and Golden Nugget or their
successors and assigns arising from this Settlement Agreement, Trump and Golden
Nugget agree to defend, indemnify and hold harmless the City for any costs the
City may incur in connection with such dispute; and
19.Plaza, Taj and Golden Nugget agree to dismiss, with prejudice, the litigation
filed with the Superior Court of Atlantic County, which is presently on appeal
to the Appellate Division and designated as Trump Plaza Assocs., LLC, et al. v.
City of Atlantic City, et al. (Docket No. A-003962-11); in order to effectuate
the settlement between the Parties, Counsel for Trump and Golden Nugget will
file a Notice of Dismissal of the litigation referenced in this ¶19; and
20.This Agreement, and the terms and conditions hereof, shall be binding upon
and inure to the benefit of the Parties and their respective successors and
assigns; and
21.The Parties hereto mutually acknowledge and agree that this Agreement and the
matters memorialized herein have been voluntarily and consensually negotiated at
“arms-length” and, consequently, no rule of interpretation or construction which
would result in an interpretation or construction in favor of or to the
detriment of one party or another shall apply; and

7

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22.This Settlement Agreement contains the entire agreement between the Parties
hereto and its terms are contractual, and not a mere recital; this Agreement may
be amended or modified only by a written instrument duly executed by each of the
Parties hereto prior to the effective date of any such amendment or
modification; this Agreement may be executed in one or more counterparts, each
of which shall be deemed an original and all of which shall be considered one
and the same agreement; and
23.Each of the Parties hereto represents and warrants that they have been duly
authorized to enter into this Agreement and has obtained all necessary consents
to enter into this Settlement Agreement; and
24.The Parties further stipulate and agree that The Tax Court of New Jersey may
immediately enter Judgment incorporating the terms of the Stipulations of
Settlement attached hereto as Exhibits D, E and F and, to the extent necessary,
impose and enforce the terms herein; and
25.The Parties agree that any dispute arising under this Settlement Agreement
shall be resolved exclusively in the Tax Court of New Jersey.

{SIGNATURES APPEAR ON NEXT PAGE}

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IN WITNESS WHEREOF, each of the Parties hereto, intending to be legally bound
hereby, has caused their duly authorized representatives to execute this
Settlement Agreement as of the date set forth above.

TRUMP

By: /s/ David R. Hughes                    Date:         6/8/12            
David R. Hughes, Chief Financial Officer
Trump Entertainment Resorts, Inc.
and Authorized Representative of Trump

GOLDEN NUGGET

By: /s/ Steven Scheinthal                    Date:         6/8/12            
Steven Scheinthal, Vice President and
Authorized Representative of Golden Nugget Atlantic City, LLC

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Trump and Golden Nugget

By: /s/ Michael D. Sklar                    Date:         6/8/12            
Michael D. Sklar, Esq.

/s/ Lorenzo T. Langford                    Date:         6/14/12        
The Honorable Lorenzo T. Langford
Mayor, the City of Atlantic City
and Authorized Representative of City

/s/ Novelette Robinson                    Date:         6/14/12        
Novelette Robinson, CTA
Assessor, the City of Atlantic City
and Authorized Representative of City

/s/ Rhonda Williams                    Date:         6/14/12        
Rhonda Williams
Clerk, the City of Atlantic City
and Authorized Representative of City

9

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RICHARD M. CONLEY, LLC
Attorneys for City for the 2008 appeal

By: /s/ Richard M. Conley                Date:         6/14/12        
Richard M. Conley, Esq.

DECOTIIS, FITZPATRICK
& COLE, LLP
Attorneys for City for the 2009, 2010 and 2011 appeals

By: /s/ James L. Esposito                    Date:         6/14/12        
James L. Esposito, Esq.

By: /s/ Irving B. Jacoby                    Date:         6/14/12        
Approved as to Form
Irving B. Jacoby
Deputy City Solicitor

10

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Exhibit A
Trump Marina
Properties*
Block
Lot
Qual
Address
799
25
 
2100 Absecon Blvd
571
1
 
Brigantine Blvd. & Huron Ave
567
9
 
Air Rights Huron Ave
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
* Golden Nugget Atlantic City, LLC filed 2012 complaints relating to the above
properties (Trump Marina Associates, LLC filed complaints in 2008-2011)

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Exhibit B
Trump Plaza
Properties
Block
Lot
Qual
Address
39
1
 
104 Columbia Place
39
2
 
2234 Pacific Avenue
39
3
 
139 S. Mississippi Avenue
39
4
 
2235 Boardwalk
39
5
 
Air Rights Columbia Place
39
6
 
Air Rights Mississippi Avenue
39
7
 
Air Rights Pacific Avenue
40
1
 
2200 Pacific Avenue
40
2
 
116 S. Missouri Avenue
40
3
 
118 S. Missouri Avenue
40
4
 
120 S. Missouri Avenue
40
5
 
122 S. Missouri Avenue
40
6
 
2201 Boardwalk
40
7
 
133 Columbia Place
40
8
 
131 Columbia Place
40
9
 
129 Columbia Place
40
11
 
125 Columbia Place
40
12
 
123 Columbia Place
40
13
 
121 Columbia Place
40
15
 
119 Columbia Place
40
16
 
117 Columbia Place
40
17
 
115 Columbia Place
40
18
 
113 Columbia Place
40
20
 
111 Columbia Place
40
21
 
109 Columbia Place
40
22
 
107 Columbia Place
40
23
 
105 Columbia Place
40
25
 
103 Columbia Place
40
26
 
101 Columbia Place
40
28
 
2214 Pacific Avenue
40
29
 
2212 Pacific Avenue
40
30
 
2210 Pacific Avenue
40
31
 
2206 Pacific Avenue
40
32
 
2204 Pacific Avenue
40
33
 
2204 Pacific Avenue
40
35
 
Air Rights Columbia Place
162
1
 
2202 Atlantic Avenue
162
2
 
2200 Atlantic Avenue
162
3
 
2201 Pacific Avenue
163
35
 
28 S. Mississippi Avenue
163
42
 
2301 Pacific Avenue
163
50
 
2319 Pacific Avenue

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Exhibit C
Trump Taj Mahal
Properties
Block
Lot
Qual
Address
 
1
146
 
1000 Boardwalk
*
1
146
B01
1000 Boardwalk
*
1
146
B02
1000 Boardwalk
*
1
146.01
 
1000 Boardwalk
*
61
1
 
1022 Pacific Avenue
 
61
2
 
105 South Pennsylvania Avenue
 
61
3
 
107 South Pennsylvania Avenue
 
61
4
 
109 South Pennsylvania Avenue
 
61
5
 
1000 Boardwalk
 
61
6
 
1020 Pacific Avenue
 
61
7
 
1001 Boardwalk
 
61
9
 
916 Pacific Avenue
 
61
10
 
912 Pacific Avenue
 
61
11
 
910 Pacific Avenue
 
61
12
 
908 Pacific Avenue
 
61
13
 
904 Pacific Avenue
 
61
14
 
900 Pacific Avenue
 
61
15
 
120 South Maryland Avenue
 
61
16
 
120 South Maryland Avenue RR
 
61
17
 
1003 Boardwalk
 
61
18
 
130 South Maryland Avenue
 
61
19
 
901 Boardwalk
 
61
20
 
1001 Boardwalk
 
61
21
 
1001 Boardwalk
 
61
29
 
Air Rights Boardwalk
*
61
30
 
Air Rights Pennsylvania Avenue
*
61
31
 
Air Rights Pennsylvania Avenue
 
61
32
 
Air Rights Virginia Avenue
 
61
33
 
Presbyterian Avenue Vacated
 
 
 
 
 
 
 
 
 
 
 
* Block and Lots denoted with '*' were not part of Trump Taj Mahal Associates,
LLC's 2012 tax appeal.
 
 
 
 
 
 

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Exhibit D

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiffs

TRUMP MARINA ASSOCIATES, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: 7484-2008; 7489-2008; 9250-2009; 9261-2009; 6062-2010; 6210-2010;
3493-2011; 3365-2011

Civil Action

GOLDEN NUGGET ATLANTIC CITY, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: ______-2012; _____-2012

Civil Action

STIPULATION OF SETTLEMENT

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

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4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiffs

By:     /s/ Michael D. Sklar                    Dated: June 14, 2012
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant for 2009, 2010, 2011 and 2012

By:     /s/ James L. Esposito                    Dated: June 14, 2012
James L. Esposito, Esq.

RICHARD M. CONLEY, LLC
Attorneys for Defendant for 2008

By:    /s/ Richard M. Conley                    Dated: June 14, 2012
Richard M. Conley, Esq.

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Schedules to Exhibit D
Trump Marina
(Tax Year 2008)

Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,567,000

N/A
4,221,272

Improvements:
 
247,100

N/A
158,836

Total:
 
6,814,100

N/A
4,380,108

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
215,578,300

N/A
138,573,883

Improvements:
 
429,169,900

N/A
275,870,713

Total:
 
644,748,200

N/A
414,444,596

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
674,941

Improvements:
 
783,300

N/A
503,506

Total:
 
1,833,300

N/A
1,178,447

1 of 1

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Schedules to Exhibit D
Trump Marina
(Tax Year 2009)
Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,567,000

N/A
4,285,633

Improvements:
 
247,100

N/A
161,258

Total:
 
6,814,100

N/A
4,446,891

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
215,578,300

N/A
140,686,672

Improvements:
 
429,169,900

N/A
280,076,821

Total:
 
644,748,200

N/A
420,763,493

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
685,231

Improvements:
 
783,300

N/A
511,182

Total:
 
1,833,300

N/A
1,196,413

 
 
 
 
 

1 of 1

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Schedules to Exhibit D
Trump Marina
(Tax Year 2010)
Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,567,000

N/A
4,512,707

Improvements:
 
247,100

N/A
169,802

Total:
 
6,814,100

N/A
4,682,509

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
215,578,300

N/A
148,140,968

Improvements:
 
429,169,900

N/A
294,916,717

Total:
 
644,748,200

N/A
443,057,685

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
721,538

Improvements:
 
783,300

N/A
538,268

Total:
 
1,833,300

N/A
1,259,806

 
 
 
 
 

1 of 1

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Schedules to Exhibit D
Trump Marina
(Tax Year 2011)
Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,567,000

N/A
6,567,000

Improvements:
 
247,100

N/A
247,100

Total:
 
6,814,100

N/A
6,814,100

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
215,578,300

N/A
215,578,300

Improvements:
 
429,169,900

N/A
429,169,900

Total:
 
644,748,200

N/A
644,748,200

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
1,050,000

Improvements:
 
783,300

N/A
783,300

Total:
 
1,833,300

N/A
1,833,300

 
 
 
 
 

1 of 1

--------------------------------------------------------------------------------

Schedules to Exhibit D
Golden Nugget Atlantic City
(f/k/a Trump Marina)
(Tax Year 2012)
 
 
 
 
 
Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,567,000

N/A
6,567,000

Improvements:
 
247,100

N/A
247,100

Total:
 
6,814,100

N/A
6,814,100

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
215,578,300

N/A
215,578,300

Improvements:
 
429,169,900

N/A
429,169,900

Total:
 
644,748,200

N/A
644,748,200

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
1,050,000

Improvements:
 
783,300

N/A
783,300

Total:
 
1,833,300

N/A
1,833,300

 
 
 
 
 

1 of 1

--------------------------------------------------------------------------------

Exhibit E

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiff

TRUMP PLAZA ASSOCIATES, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: 7488-2008; 7565-2008; 10454-2009; 11548-2009; 6064-2010; 5934-2010;
3498-2011; 7232-2011; ____-2012; and _____-2012

Civil Action

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

--------------------------------------------------------------------------------

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiff

By:     /s/ Michael D. Sklar                    Dated: June 14, 2012
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant for 2009, 2010, 2011 and 2012

By:     /s/ James L Esposito                    Dated: June 14, 2012
James L. Esposito, Esq.

RICHARD M. CONLEY, LLC
Attorneys for Defendant for 2008

By:     /s/ Richard M. Conley                    Dated: June 14, 2012
Richard M. Conley, Esq.

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,533,300

N/A
1,718,714

Improvements:
 
21,103,800

N/A
14,317,848

Total:
 
23,637,100

N/A
16,036,562

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,478,800

N/A
9,823,124

Improvements:
 
144,298,500

N/A
97,899,141

Total:
 
158,777,300

N/A
107,722,265

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,033,100

N/A
6,806,944

Improvements:
 
169,707,200

N/A
115,137,643

Total:
 
179,740,300

N/A
121,944,587

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
12,045,300

N/A
8,172,119

Improvements:
 
96,688,000

N/A
65,597,856

Total:
 
108,733,300

N/A
73,769,975

 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
712,371

Improvements:
 
996,400

N/A
676,007

Total:
 
2,046,400

N/A
1,388,378

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
712,371

Improvements:
 
996,400

N/A
676,007

Total:
 
2,046,400

N/A
1,388,378

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
630,000

N/A
427,423

Improvements:
 
484,500

N/A
328,708

Total:
 
1,114,500

N/A
756,131

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,255,300

N/A
2,887,003

Improvements:
 
—

N/A
—

Total:
 
4,255,300

N/A
2,887,003

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,181,300

N/A
801,452

Improvements:
 
—

N/A
—

Total:
 
1,181,300

N/A
801,452

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,312,500

N/A
890,464

Improvements:
 
—

N/A
—

Total:
 
1,312,500

N/A
890,464

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
712,371

Improvements:
 
—

N/A
—

Total:
 
1,050,000

N/A
712,371

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,372,000

N/A
1,609,281

Improvements:
 
—

N/A
—

Total:
 
2,372,000

N/A
1,609,281

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,465,800

N/A
11,171,202

Improvements:
 
67,132,000

N/A
45,545,623

Total:
 
83,597,800

N/A
56,716,825

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
370,300

N/A
251,230

Improvements:
 
—

N/A
—

Total:
 
370,300

N/A
251,230

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
308,700

N/A
209,437

Improvements:
 
—

N/A
—

Total:
 
308,700

N/A
209,437

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
377,000

N/A
255,775

Improvements:
 
—

N/A
—

Total:
 
377,000

N/A
255,775

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
997,500

N/A
676,753

Improvements:
 
—

N/A
—

Total:
 
997,500

N/A
676,753

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
498,800

N/A
338,410

Improvements:
 
—

N/A
—

Total:
 
498,800

N/A
338,410

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
285,423

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
285,423

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
285,423

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
285,423

 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
347,434

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
347,434

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
347,434

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
347,434

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
285,423

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
285,423

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
285,423

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
285,423

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
347,434

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
347,434

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
347,434

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
347,434

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
404,600

N/A
274,500

Improvements:
 
—

N/A
—

Total:
 
404,600

N/A
274,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
357,000

N/A
242,206

Improvements:
 
—

N/A
—

Total:
 
357,000

N/A
242,206

 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
336,000

N/A
227,959

Improvements:
 
—

N/A
—

Total:
 
336,000

N/A
227,959

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
167,916

Improvements:
 
8,700

N/A
5,903

Total:
 
256,200

N/A
173,819

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
167,916

Improvements:
 
6,800

N/A
4,614

Total:
 
254,300

N/A
172,530

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
275,000

N/A
186,573

Improvements:
 
6,200

N/A
4,207

Total:
 
281,200

N/A
190,780

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
167,916

Improvements:
 
6,700

N/A
4,546

Total:
 
254,200

N/A
172,462

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,034,300

N/A
701,720

Improvements:
 
—

N/A
—

Total:
 
1,034,300

N/A
701,720

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,800

N/A
10,719

Improvements:
 
—

N/A
—

Total:
 
15,800

N/A
10,719

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,237,500

N/A
2,196,478

Improvements:
 
374,900

N/A
254,350

Total:
 
3,612,400

N/A
2,450,828

 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
162
Lot
1
Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,313,200

N/A
11,067,671

Improvements:
 
100

N/A
67

Total:
 
16,313,300

N/A
11,067,738

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
742,087

Improvements:
 
—

N/A
—

Total:
 
1,093,800

N/A
742,087

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
3
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
49,854,400

N/A
33,823,657

Improvements:
 
67,470,500

N/A
45,775,278

Total:
 
117,324,900

N/A
79,598,935

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
562,500

N/A
381,627

Improvements:
 
20,900

N/A
14,180

Total:
 
583,400

N/A
395,807

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2008)

Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
742,087

Improvements:
 
37,800

N/A
25,646

Total:
 
1,131,600

N/A
767,733

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,500,000

N/A
4,409,917

Improvements:
 
20,500

N/A
13,908

Total:
 
6,520,500

N/A
4,423,825

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,533,300

N/A
1,741,130

Improvements:
 
21,103,800

N/A
14,504,580

Total:
 
23,637,100

N/A
16,245,710

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,478,800

N/A
9,951,237

Improvements:
 
144,298,500

N/A
99,175,937

Total:
 
158,777,300

N/A
109,127,174

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,033,100

N/A
6,895,720

Improvements:
 
169,707,200

N/A
116,639,262

Total:
 
179,740,300

N/A
123,534,982

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
12,045,300

N/A
8,278,699

Improvements:
 
96,688,000

N/A
66,453,380

Total:
 
108,733,300

N/A
74,732,079

 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
721,662

Improvements:
 
996,400

N/A
684,823

Total:
 
2,046,400

N/A
1,406,485

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
721,662

Improvements:
 
996,400

N/A
684,823

Total:
 
2,046,400

N/A
1,406,485

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
630,000

N/A
432,997

Improvements:
 
484,500

N/A
332,996

Total:
 
1,114,500

N/A
765,993

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,255,300

N/A
2,924,655

Improvements:
 
—

N/A
—

Total:
 
4,255,300

N/A
2,924,655

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,181,300

N/A
811,904

Improvements:
 
—

N/A
—

Total:
 
1,181,300

N/A
811,904

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,312,500

N/A
902,077

Improvements:
 
—

N/A
—

Total:
 
1,312,500

N/A
902,077

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
721,662

Improvements:
 
—

N/A
—

Total:
 
1,050,000

N/A
721,662

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,372,000

N/A
1,630,269

Improvements:
 
—

N/A
—

Total:
 
2,372,000

N/A
1,630,269

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,465,800

N/A
11,316,896

Improvements:
 
67,132,000

N/A
46,139,627

Total:
 
83,597,800

N/A
57,456,523

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
370,300

N/A
254,506

Improvements:
 
—

N/A
—

Total:
 
370,300

N/A
254,506

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
308,700

N/A
212,169

Improvements:
 
—

N/A
—

Total:
 
308,700

N/A
212,169

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
377,000

N/A
259,111

Improvements:
 
—

N/A
—

Total:
 
377,000

N/A
259,111

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
997,500

N/A
685,579

Improvements:
 
—

N/A
—

Total:
 
997,500

N/A
685,579

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
498,800

N/A
342,824

Improvements:
 
—

N/A
—

Total:
 
498,800

N/A
342,824

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
289,146

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
289,146

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
289,146

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
289,146

 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
351,965

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
351,965

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
351,965

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
351,965

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
289,146

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
289,146

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
289,146

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
289,146

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
351,965

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
351,965

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
351,965

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
351,965

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
404,600

N/A
278,080

Improvements:
 
—

N/A
—

Total:
 
404,600

N/A
278,080

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
357,000

N/A
245,365

Improvements:
 
—

N/A
—

Total:
 
357,000

N/A
245,365

 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
336,000

N/A
230,932

Improvements:
 
—

N/A
—

Total:
 
336,000

N/A
230,932

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
170,106

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
170,106

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
170,106

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
170,106

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
275,000

N/A
189,007

Improvements:
 
—

N/A
—

Total:
 
275,000

N/A
189,007

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
170,106

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
170,106

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,034,300

N/A
710,871

Improvements:
 
—

N/A
—

Total:
 
1,034,300

N/A
710,871

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,800

N/A
10,859

Improvements:
 
—

N/A
—

Total:
 
15,800

N/A
10,859

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,237,500

N/A
2,225,124

Improvements:
 
374,900

N/A
257,668

Total:
 
3,612,400

N/A
2,482,792

 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
162
Lot
1
Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,313,200

N/A
11,212,015

Improvements:
 
100

N/A
68

Total:
 
16,313,300

N/A
11,212,083

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
751,766

Improvements:
 
—

N/A
—

Total:
 
1,093,800

N/A
751,766

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
3
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
49,854,400

N/A
34,264,783

Improvements:
 
67,470,500

N/A
46,372,277

Total:
 
117,324,900

N/A
80,637,060

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
562,500

N/A
386,605

Improvements:
 
20,900

N/A
14,364

Total:
 
583,400

N/A
400,969

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2009)

Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
751,766

Improvements:
 
37,800

N/A
25,979

Total:
 
1,131,600

N/A
777,745

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,500,000

N/A
4,467,431

Improvements:
 
20,500

N/A
14,090

Total:
 
6,520,500

N/A
4,481,521

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,533,300

N/A
1,730,995

Improvements:
 
21,103,800

N/A
14,420,152

Total:
 
23,637,100

N/A
16,151,147

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,478,800

N/A
9,893,313

Improvements:
 
144,298,500

N/A
98,598,658

Total:
 
158,777,300

N/A
108,491,971

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,033,100

N/A
6,855,582

Improvements:
 
169,707,200

N/A
115,960,334

Total:
 
179,740,300

N/A
122,815,916

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
12,045,300

N/A
8,230,511

Improvements:
 
96,688,000

N/A
66,066,571

Total:
 
108,733,300

N/A
74,297,082

 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
717,461

Improvements:
 
996,400

N/A
680,837

Total:
 
2,046,400

N/A
1,398,298

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
717,461

Improvements:
 
996,400

N/A
680,837

Total:
 
2,046,400

N/A
1,398,298

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
630,000

N/A
430,477

Improvements:
 
484,500

N/A
331,057

Total:
 
1,114,500

N/A
761,534

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,255,300

N/A
2,907,632

Improvements:
 
—

N/A
—

Total:
 
4,255,300

N/A
2,907,632

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,181,300

N/A
807,178

Improvements:
 
—

N/A
—

Total:
 
1,181,300

N/A
807,178

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,312,500

N/A
896,827

Improvements:
 
—

N/A
—

Total:
 
1,312,500

N/A
896,827

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
717,461

Improvements:
 
—

N/A
—

Total:
 
1,050,000

N/A
717,461

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,372,000

N/A
1,620,779

Improvements:
 
—

N/A
—

Total:
 
2,372,000

N/A
1,620,779

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,465,800

N/A
11,251,023

Improvements:
 
67,132,000

N/A
45,871,060

Total:
 
83,597,800

N/A
57,122,083

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
370,300

N/A
253,025

Improvements:
 
—

N/A
—

Total:
 
370,300

N/A
253,025

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
308,700

N/A
210,934

Improvements:
 
—

N/A
—

Total:
 
308,700

N/A
210,934

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
377,000

N/A
257,603

Improvements:
 
—

N/A
—

Total:
 
377,000

N/A
257,603

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
997,500

N/A
681,588

Improvements:
 
—

N/A
—

Total:
 
997,500

N/A
681,588

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
498,800

N/A
340,828

Improvements:
 
—

N/A
—

Total:
 
498,800

N/A
340,828

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
287,463

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
287,463

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
287,463

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
287,463

 
 
 
 
 
 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
349,916

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
349,916

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
349,916

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
349,916

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
287,463

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
287,463

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
287,463

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
287,463

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
349,916

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
349,916

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
349,916

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
349,916

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
404,600

N/A
276,462

Improvements:
 
—

N/A
—

Total:
 
404,600

N/A
276,462

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
357,000

N/A
243,937

Improvements:
 
—

N/A
—

Total:
 
357,000

N/A
243,937

 
 
 
 
 
 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
336,000

N/A
229,588

Improvements:
 
—

N/A
—

Total:
 
336,000

N/A
229,588

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
169,116

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
169,116

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
169,116

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
169,116

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
275,000

N/A
187,907

Improvements:
 
—

N/A
—

Total:
 
275,000

N/A
187,907

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
169,116

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
169,116

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,034,300

N/A
706,734

Improvements:
 
—

N/A
—

Total:
 
1,034,300

N/A
706,734

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,800

N/A
10,796

Improvements:
 
—

N/A
—

Total:
 
15,800

N/A
10,796

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,237,500

N/A
2,212,172

Improvements:
 
374,900

N/A
256,168

Total:
 
3,612,400

N/A
2,468,340

 
 
 
 
 
 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
162
Lot
1
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,313,200

N/A
11,146,752

Improvements:
 
100

N/A
69

Total:
 
16,313,300

N/A
11,146,821

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
747,390

Improvements:
 
—

N/A
—

Total:
 
1,093,800

N/A
747,390

 
 
 
 
 
 
 
 
 
 
Block
162
3

Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
49,854,400

N/A
34,065,336

Improvements:
 
67,470,500

N/A
46,102,356

Total:
 
117,324,900

N/A
80,167,692

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
562,500

N/A
384,354

Improvements:
 
20,900

N/A
14,281

Total:
 
583,400

N/A
398,635

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2010)

Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
747,390

Improvements:
 
37,800

N/A
25,828

Total:
 
1,131,600

N/A
773,218

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,500,000

N/A
4,441,427

Improvements:
 
20,500

N/A
14,008

Total:
 
6,520,500

N/A
4,455,435

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,533,300

N/A
1,187,818

Improvements:
 
21,103,800

N/A
9,895,189

Total:
 
23,637,100

N/A
11,083,007

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,478,800

N/A
6,788,847

Improvements:
 
144,298,500

N/A
67,658,952

Total:
 
158,777,300

N/A
74,447,799

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,033,100

N/A
4,704,339

Improvements:
 
169,707,200

N/A
79,572,631

Total:
 
179,740,300

N/A
84,276,970

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
12,045,300

N/A
5,647,823

Improvements:
 
96,688,000

N/A
45,335,251

Total:
 
108,733,300

N/A
50,983,074

 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
492,326

Improvements:
 
996,400

N/A
467,194

Total:
 
2,046,400

N/A
959,520

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
492,326

Improvements:
 
996,400

N/A
467,194

Total:
 
2,046,400

N/A
959,520

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
630,000

N/A
295,396

Improvements:
 
484,500

N/A
227,173

Total:
 
1,114,500

N/A
522,569

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,255,300

N/A
1,995,233

Improvements:
 
—

N/A
—

Total:
 
4,255,300

N/A
1,995,233

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,181,300

N/A
553,890

Improvements:
 
—

N/A
—

Total:
 
1,181,300

N/A
553,890

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,312,500

N/A
615,407

Improvements:
 
—

N/A
—

Total:
 
1,312,500

N/A
615,407

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
492,326

Improvements:
 
—

N/A
—

Total:
 
1,050,000

N/A
492,326

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,372,000

N/A
1,112,188

Improvements:
 
—

N/A
—

Total:
 
2,372,000

N/A
1,112,188

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,465,800

N/A
7,720,515

Improvements:
 
67,132,000

N/A
31,476,978

Total:
 
83,597,800

N/A
39,197,493

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
370,300

N/A
173,627

Improvements:
 
—

N/A
—

Total:
 
370,300

N/A
173,627

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
308,700

N/A
144,744

Improvements:
 
—

N/A
—

Total:
 
308,700

N/A
144,744

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
377,000

N/A
176,768

Improvements:
 
—

N/A
—

Total:
 
377,000

N/A
176,768

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
997,500

N/A
467,710

Improvements:
 
—

N/A
—

Total:
 
997,500

N/A
467,710

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
498,800

N/A
233,878

Improvements:
 
—

N/A
—

Total:
 
498,800

N/A
233,878

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
197,259

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
197,259

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
197,259

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
197,259

 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
240,114

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
240,114

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
240,114

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
240,114

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
197,259

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
197,259

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
197,259

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
197,259

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
240,114

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
240,114

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
240,114

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
240,114

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
404,600

N/A
189,710

Improvements:
 
—

N/A
—

Total:
 
404,600

N/A
189,710

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
357,000

N/A
167,391

Improvements:
 
—

N/A
—

Total:
 
357,000

N/A
167,391

 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
336,000

N/A
157,544

Improvements:
 
—

N/A
—

Total:
 
336,000

N/A
157,544

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
116,048

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
116,048

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
116,048

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
116,048

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
275,000

N/A
128,943

Improvements:
 
—

N/A
—

Total:
 
275,000

N/A
128,943

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
116,048

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
116,048

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,034,300

N/A
484,965

Improvements:
 
—

N/A
—

Total:
 
1,034,300

N/A
484,965

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,800

N/A
7,408

Improvements:
 
—

N/A
—

Total:
 
15,800

N/A
7,408

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,237,500

N/A
1,518,005

Improvements:
 
374,900

N/A
175,784

Total:
 
3,612,400

N/A
1,693,789

 
 
 
 
 
 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

Block
162
Lot
1
Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,313,200

N/A
7,648,964

Improvements:
 
100

N/A
47

Total:
 
16,313,300

N/A
7,649,011

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
512,863

Improvements:
 
—

N/A
—

Total:
 
1,093,800

N/A
512,863

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
3
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
49,854,400

N/A
23,375,825

Improvements:
 
67,470,500

N/A
31,635,695

Total:
 
117,324,900

N/A
55,011,520

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
562,500

N/A
263,746

Improvements:
 
20,900

N/A
9,800

Total:
 
583,400

N/A
273,546

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2011)

 
 
 
 
 
Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
512,863

Improvements:
 
37,800

N/A
17,724

Total:
 
1,131,600

N/A
530,587

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,500,000

N/A
3,047,732

Improvements:
 
20,500

N/A
9,612

Total:
 
6,520,500

N/A
3,057,344

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,533,300

N/A
2,533,300

Improvements:
 
21,103,800

N/A
21,103,800

Total:
 
23,637,100

N/A
23,637,100

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,478,800

N/A
14,478,800

Improvements:
 
144,298,500

N/A
144,298,500

Total:
 
158,777,300

N/A
158,777,300

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,033,100

N/A
10,033,100

Improvements:
 
169,707,200

N/A
169,707,200

Total:
 
179,740,300

N/A
179,740,300

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
12,045,300

N/A
12,045,300

Improvements:
 
96,688,000

N/A
96,688,000

Total:
 
108,733,300

N/A
108,733,300

 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
1,050,000

Improvements:
 
996,400

N/A
996,400

Total:
 
2,046,400

N/A
2,046,400

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
1,050,000

Improvements:
 
996,400

N/A
996,400

Total:
 
2,046,400

N/A
2,046,400

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
630,000

N/A
630,000

Improvements:
 
484,500

N/A
484,500

Total:
 
1,114,500

N/A
1,114,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,255,300

N/A
4,255,300

Improvements:
 
—

N/A
—

Total:
 
4,255,300

N/A
4,255,300

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,181,300

N/A
1,181,300

Improvements:
 
—

N/A
—

Total:
 
1,181,300

N/A
1,181,300

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,312,500

N/A
1,312,500

Improvements:
 
—

N/A
—

Total:
 
1,312,500

N/A
1,312,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,050,000

N/A
1,050,000

Improvements:
 
—

N/A
—

Total:
 
1,050,000

N/A
1,050,000

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,372,000

N/A
2,372,000

Improvements:
 
—

N/A
—

Total:
 
2,372,000

N/A
2,372,000

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,465,800

N/A
16,465,800

Improvements:
 
67,132,000

N/A
67,132,000

Total:
 
83,597,800

N/A
83,597,800

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
370,300

N/A
370,300

Improvements:
 
—

N/A
—

Total:
 
370,300

N/A
370,300

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
308,700

N/A
308,700

Improvements:
 
—

N/A
—

Total:
 
308,700

N/A
308,700

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
377,000

N/A
377,000

Improvements:
 
—

N/A
—

Total:
 
377,000

N/A
377,000

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
997,500

N/A
997,500

Improvements:
 
—

N/A
—

Total:
 
997,500

N/A
997,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
498,800

N/A
498,800

Improvements:
 
—

N/A
—

Total:
 
498,800

N/A
498,800

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
420,700

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
420,700

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
420,700

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
420,700

 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
512,100

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
512,100

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
512,100

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
512,100

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
420,700

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
420,700

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
420,700

N/A
420,700

Improvements:
 
—

N/A
—

Total:
 
420,700

N/A
420,700

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
512,100

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
512,100

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
512,100

N/A
512,100

Improvements:
 
—

N/A
—

Total:
 
512,100

N/A
512,100

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
404,600

N/A
404,600

Improvements:
 
—

N/A
—

Total:
 
404,600

N/A
404,600

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
357,000

N/A
357,000

Improvements:
 
—

N/A
—

Total:
 
357,000

N/A
357,000

 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
336,000

N/A
336,000

Improvements:
 
—

N/A
—

Total:
 
336,000

N/A
336,000

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
247,500

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
247,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
247,500

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
247,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
275,000

N/A
275,000

Improvements:
 
—

N/A
—

Total:
 
275,000

N/A
275,000

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
247,500

N/A
247,500

Improvements:
 
—

N/A
—

Total:
 
247,500

N/A
247,500

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,034,300

N/A
1,034,300

Improvements:
 
—

N/A
—

Total:
 
1,034,300

N/A
1,034,300

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,800

N/A
15,800

Improvements:
 
—

N/A
—

Total:
 
15,800

N/A
15,800

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,237,500

N/A
3,237,500

Improvements:
 
374,900

N/A
374,900

Total:
 
3,612,400

N/A
3,612,400

 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
162
Lot
1
Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,313,200

N/A
16,313,200

Improvements:
 
100

N/A
100

Total:
 
16,313,300

N/A
16,313,300

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
1,093,800

Improvements:
 
—

N/A
—

Total:
 
1,093,800

N/A
1,093,800

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
3
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
49,854,400

N/A
49,854,400

Improvements:
 
67,470,500

N/A
67,470,500

Total:
 
117,324,900

N/A
117,324,900

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
562,500

N/A
562,500

Improvements:
 
20,900

N/A
20,900

Total:
 
583,400

N/A
583,400

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Schedules to Exhibit E
Trump Plaza
(Tax Year 2012)

 
 
 
 
 
Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,093,800

N/A
1,093,800

Improvements:
 
37,800

N/A
37,800

Total:
 
1,131,600

N/A
1,131,600

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,500,000

N/A
6,500,000

Improvements:
 
20,500

N/A
20,500

Total:
 
6,520,500

N/A
6,520,500

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

EXHIBIT F

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiff

TRUMP TAJ MAHAL ASSOCIATES, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: 7574-2008; 10192-2009; 5934-2010; 3501-2011; and _____-2012

Civil Action

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

--------------------------------------------------------------------------------

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiff

By:     /s/ Michael D. Sklar                    Dated: June 14, 2012
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant for 2009, 2010, 2011 and 2012

By:     /s/ James L. Esposito                    Dated: June 14, 2012
James L. Esposito, Esq.

RICHARD M. CONLEY, LLC
Attorneys for Defendant for 2008

By:     /s/ Richard M. Conley                    Dated: June 14, 2012
Richard M. Conley, Esq.

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
5,775,000

N/A
4,960,768

Improvements:
 
6,109,900

N/A
5,248,450

Total:
 
11,884,900

N/A
10,209,218

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,254,895

Improvements:
 
2,777,200

N/A
2,385,635

Total:
 
5,402,200

N/A
4,640,530

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,254,895

Improvements:
 
2,869,900

N/A
2,465,265

Total:
 
5,494,900

N/A
4,720,160

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,730,000

N/A
2,345,091

Improvements:
 
2,775,700

N/A
2,384,347

Total:
 
5,505,700

N/A
4,729,438

 
 
 
 
 

1 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
146,971,300

N/A
126,249,451

Improvements:
 
509,473,000

N/A
437,641,135

Total:
 
656,444,300

N/A
563,890,586

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
13,720,000

N/A
11,785,583

Improvements:
 
14,517,600

N/A
12,470,728

Total:
 
28,237,600

N/A
24,256,311

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
116,174,500

N/A
99,794,768

Improvements:
 
321,002,900

N/A
275,743,903

Total:
 
437,177,400

N/A
375,538,671

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
33,998,700

N/A
29,205,139

Improvements:
 
—

N/A
—

Total:
 
33,998,700

N/A
29,205,139

 
 
 
 
 

2 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,155,300

N/A
8,723,479

Improvements:
 
100

N/A
86

Total:
 
10,155,400

N/A
8,723,565

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
9,795,000

N/A
8,413,979

Improvements:
 
42,200

N/A
36,250

Total:
 
9,837,200

N/A
8,450,229

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
721,566

Improvements:
 
2,500

N/A
2,148

Total:
 
842,500

N/A
723,714

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,900,000

N/A
4,209,137

Improvements:
 
7,200

N/A
6,185

Total:
 
4,907,200

N/A
4,215,322

 
 
 
 
 

3 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
476,000

N/A
408,888

Improvements:
 
1,600

N/A
1,374

Total:
 
477,600

N/A
410,262

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,855,700

N/A
13,620,165

Improvements:
 
100

N/A
86

Total:
 
15,855,800

N/A
13,620,251

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,361,300

N/A
5,464,404

Improvements:
 
100

N/A
86

Total:
 
6,361,400

N/A
5,464,490

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
20,277,300

N/A
17,418,353

Improvements:
 
100

N/A
86

Total:
 
20,277,400

N/A
17,418,439

 
 
 
 
 

4 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,770,600

N/A
14,406,071

Improvements:
 
100

N/A
86

Total:
 
16,770,700

N/A
14,406,157

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,605,400

N/A
9,110,118

Improvements:
 
100

N/A
86

Total:
 
10,605,500

N/A
9,110,204

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,618,000

N/A
14,274,987

Improvements:
 
265,901,300

N/A
228,411,214

Total:
 
282,519,300

N/A
242,686,201

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,178,900

N/A
12,179,782

Improvements:
 
33,942,400

N/A
29,156,776

Total:
 
48,121,300

N/A
41,336,558

 
 
 
 
 

5 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
 29
Unit Qualifier
 
 
Street Address
Air Rights Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,150,000

N/A
2,705,874

Improvements:
 
2,232,900

N/A
1,918,078

Total:
 
5,382,900

N/A
4,623,952

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 30
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
962,088

Improvements:
 
861,500

N/A
740,035

Total:
 
1,981,500

N/A
1,702,123

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
721,566

Improvements:
 
667,600

N/A
573,474

Total:
 
1,507,600

N/A
1,295,040

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
962,088

Improvements:
 
861,500

N/A
740,035

Total:
 
1,981,500

N/A
1,702,123

 
 
 
 
 

6 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,834,000

N/A
1,575,420

Improvements:
 
1,940,300

N/A
1,666,732

Total:
 
3,774,300

N/A
3,242,152

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
28,080,000

N/A
24,120,931

Improvements:
 
1,685,500

N/A
1,447,857

Total:
 
29,765,500

N/A
25,568,788

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B01
 
 
Street Address
1000 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
5,800

N/A
4,982

Total:
 
5,800

N/A
4,982

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B02
 
 
Street Address
1000 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
47,700

N/A
40,975

Total:
 
47,700

N/A
40,975

 
 
 
 
 

7 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2008)

 
 
 
 
 
Block
  1
Lot
 146.01
Unit Qualifier
  
 
 
Street Address
1000 Boardwalk
 
Year
  2008
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
30,000

N/A
25,771

Improvements:
 
—

N/A
—

Total:
 
30,000

N/A
25,771

 
 
 
 
 

8 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
5,775,000

N/A
4,983,109

Improvements:
 
6,109,900

N/A
5,272,085

Total:
 
11,884,900

N/A
10,255,194

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,265,049

Improvements:
 
2,777,200

N/A
2,396,380

Total:
 
5,402,200

N/A
4,661,429

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,265,049

Improvements:
 
2,869,900

N/A
2,476,368

Total:
 
5,494,900

N/A
4,741,417

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,730,000

N/A
2,355,651

Improvements:
 
2,775,700

N/A
2,395,085

Total:
 
5,505,700

N/A
4,750,736

 
 
 
 
 

1 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
146,971,300

N/A
126,818,001

Improvements:
 
509,473,000

N/A
439,612,004

Total:
 
656,444,300

N/A
566,430,005

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
13,720,000

N/A
11,838,658

Improvements:
 
14,517,600

N/A
12,526,888

Total:
 
28,237,600

N/A
24,365,546

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
116,174,500

N/A
100,244,183

Improvements:
 
321,002,900

N/A
276,985,685

Total:
 
437,177,400

N/A
377,229,868

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
33,998,700

N/A
29,336,661

Improvements:
 
—

N/A
—

Total:
 
33,998,700

N/A
29,336,661

 
 
 
 
 

2 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,155,300

N/A
8,762,764

Improvements:
 
100

N/A
87

Total:
 
10,155,400

N/A
8,762,851

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
9,795,000

N/A
8,451,870

Improvements:
 
42,200

N/A
36,413

Total:
 
9,837,200

N/A
8,488,283

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
724,816

Improvements:
 
2,500

N/A
2,157

Total:
 
842,500

N/A
726,973

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,900,000

N/A
4,228,092

Improvements:
 
7,200

N/A
6,213

Total:
 
4,907,200

N/A
4,234,305

 
 
 
 
 

3 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
476,000

N/A
410,729

Improvements:
 
1,600

N/A
1,381

Total:
 
477,600

N/A
412,110

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,855,700

N/A
13,681,502

Improvements:
 
100

N/A
87

Total:
 
15,855,800

N/A
13,681,589

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,361,300

N/A
5,489,013

Improvements:
 
100

N/A
86

Total:
 
6,361,400

N/A
5,489,099

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
20,277,300

N/A
17,496,795

Improvements:
 
100

N/A
86

Total:
 
20,277,400

N/A
17,496,881

 
 
 
 
 

4 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,770,600

N/A
14,470,948

Improvements:
 
100

N/A
86

Total:
 
16,770,700

N/A
14,471,034

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,605,400

N/A
9,151,145

Improvements:
 
100

N/A
86

Total:
 
10,605,500

N/A
9,151,231

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,618,000

N/A
14,339,273

Improvements:
 
265,901,300

N/A
229,439,839

Total:
 
282,519,300

N/A
243,779,112

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,178,900

N/A
12,234,632

Improvements:
 
33,942,400

N/A
29,288,081

Total:
 
48,121,300

N/A
41,522,713

 
 
 
 
 

5 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
 29
Unit Qualifier
 
 
Street Address
Air Rights Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,150,000

N/A
2,718,059

Improvements:
 
2,232,900

N/A
1,926,716

Total:
 
5,382,900

N/A
4,644,775

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 30
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
966,421

Improvements:
 
861,500

N/A
743,368

Total:
 
1,981,500

N/A
1,709,789

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
724,816

Improvements:
 
667,600

N/A
576,056

Total:
 
1,507,600

N/A
1,300,872

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
966,421

Improvements:
 
861,500

N/A
743,368

Total:
 
1,981,500

N/A
1,709,789

 
 
 
 
 

6 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,834,000

N/A
1,582,515

Improvements:
 
1,940,300

N/A
1,674,238

Total:
 
3,774,300

N/A
3,256,753

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
28,080,000

N/A
24,229,557

Improvements:
 
1,685,500

N/A
1,454,377

Total:
 
29,765,500

N/A
25,683,934

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B01
 
 
Street Address
1000 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
5,800

N/A
5,005

Total:
 
5,800

N/A
5,005

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B02
 
 
Street Address
1000 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
47,700

N/A
41,157

Total:
 
47,700

N/A
41,157

 
 
 
 
 

7 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax year 2009)

 
 
 
 
 
Block
  1
Lot
 146.01
Unit Qualifier
  
 
 
Street Address
1000 Boardwalk
 
Year
  2009
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
30,000

N/A
25,886

Improvements:
 
—

N/A
—

Total:
 
30,000

N/A
25,886

 
 
 
 
 

8 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
5,775,000

N/A
4,441,090

Improvements:
 
6,109,900

N/A
4,698,635

Total:
 
11,884,900

N/A
9,139,725

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,018,677

Improvements:
 
2,777,200

N/A
2,135,722

Total:
 
5,402,200

N/A
4,154,399

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,018,677

Improvements:
 
2,869,900

N/A
2,207,010

Total:
 
5,494,900

N/A
4,225,687

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,730,000

N/A
2,099,424

Improvements:
 
2,775,700

N/A
2,134,569

Total:
 
5,505,700

N/A
4,233,993

 
 
 
 
 

1 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
146,971,300

N/A
113,023,853

Improvements:
 
509,473,000

N/A
391,794,871

Total:
 
656,444,300

N/A
504,818,724

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
13,720,000

N/A
10,550,953

Improvements:
 
14,517,600

N/A
11,164,323

Total:
 
28,237,600

N/A
21,715,276

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
116,174,500

N/A
89,340,501

Improvements:
 
321,002,900

N/A
246,857,616

Total:
 
437,177,400

N/A
336,198,117

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
33,998,700

N/A
26,145,677

Improvements:
 
—

N/A
—

Total:
 
33,998,700

N/A
26,145,677

 
 
 
 
 

2 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,155,300

N/A
7,809,628

Improvements:
 
100

N/A
77

Total:
 
10,155,400

N/A
7,809,705

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
9,795,000

N/A
7,532,550

Improvements:
 
42,200

N/A
32,452

Total:
 
9,837,200

N/A
7,565,002

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
645,977

Improvements:
 
2,500

N/A
1,922

Total:
 
842,500

N/A
647,899

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,900,000

N/A
3,768,197

Improvements:
 
7,200

N/A
5,537

Total:
 
4,907,200

N/A
3,773,734

 
 
 
 
 

3 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
476,000

N/A
366,053

Improvements:
 
1,600

N/A
1,231

Total:
 
477,600

N/A
367,284

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,855,700

N/A
12,193,349

Improvements:
 
100

N/A
77

Total:
 
15,855,800

N/A
12,193,426

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,361,300

N/A
4,891,966

Improvements:
 
100

N/A
77

Total:
 
6,361,400

N/A
4,892,043

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
20,277,300

N/A
15,593,647

Improvements:
 
100

N/A
77

Total:
 
20,277,400

N/A
15,593,724

 
 
 
 
 

4 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,770,600

N/A
12,896,925

Improvements:
 
100

N/A
77

Total:
 
16,770,700

N/A
12,897,002

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,605,400

N/A
8,155,764

Improvements:
 
100

N/A
76

Total:
 
10,605,500

N/A
8,155,840

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,618,000

N/A
12,779,573

Improvements:
 
265,901,300

N/A
204,483,388

Total:
 
282,519,300

N/A
217,262,961

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,178,900

N/A
10,903,856

Improvements:
 
33,942,400

N/A
26,102,381

Total:
 
48,121,300

N/A
37,006,237

 
 
 
 
 

5 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
 29
Unit Qualifier
 
 
Street Address
Air Rights Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,150,000

N/A
2,422,413

Improvements:
 
2,232,900

N/A
1,717,144

Total:
 
5,382,900

N/A
4,139,557

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 30
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
861,302

Improvements:
 
861,500

N/A
662,511

Total:
 
1,981,500

N/A
1,523,813

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
645,977

Improvements:
 
667,600

N/A
513,397

Total:
 
1,507,600

N/A
1,159,374

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
861,302

Improvements:
 
861,500

N/A
662,511

Total:
 
1,981,500

N/A
1,523,813

 
 
 
 
 

6 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,834,000

N/A
1,410,382

Improvements:
 
1,940,300

N/A
1,492,130

Total:
 
3,774,300

N/A
2,902,512

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
28,080,000

N/A
21,594,079

Improvements:
 
1,685,500

N/A
1,296,183

Total:
 
29,765,500

N/A
22,890,262

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B01
 
 
Street Address
1000 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
5,800

N/A
4,460

Total:
 
5,800

N/A
4,460

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B02
 
 
Street Address
1000 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
47,700

N/A
36,683

Total:
 
47,700

N/A
36,683

 
 
 
 
 

7 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2010)

 
 
 
 
 
Block
  1
Lot
 146.01
Unit Qualifier
  
 
 
Street Address
1000 Boardwalk
 
Year
  2010
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
30,000

N/A
23,071

Improvements:
 
—

N/A
—

Total:
 
30,000

N/A
23,071

 
 
 
 
 

8 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
5,775,000

N/A
4,271,540

Improvements:
 
6,109,900

N/A
4,519,252

Total:
 
11,884,900

N/A
8,790,792

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
1,941,609

Improvements:
 
2,777,200

N/A
2,054,186

Total:
 
5,402,200

N/A
3,995,795

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
1,941,609

Improvements:
 
2,869,900

N/A
2,122,752

Total:
 
5,494,900

N/A
4,064,361

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,730,000

N/A
2,019,273

Improvements:
 
2,775,700

N/A
2,053,076

Total:
 
5,505,700

N/A
4,072,349

 
 
 
 
 

1 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
146,971,300

N/A
108,708,881

Improvements:
 
509,473,000

N/A
376,837,110

Total:
 
656,444,300

N/A
485,545,991

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
13,720,000

N/A
10,148,144

Improvements:
 
14,517,600

N/A
10,738,096

Total:
 
28,237,600

N/A
20,886,240

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
116,174,500

N/A
85,929,701

Improvements:
 
321,002,900

N/A
237,433,201

Total:
 
437,177,400

N/A
323,362,902

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
33,998,700

N/A
25,147,499

Improvements:
 
—

N/A
—

Total:
 
33,998,700

N/A
25,147,499

 
 
 
 
 

2 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,155,300

N/A
7,511,475

Improvements:
 
100

N/A
74

Total:
 
10,155,400

N/A
7,511,549

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
9,795,000

N/A
7,244,976

Improvements:
 
42,200

N/A
31,213

Total:
 
9,837,200

N/A
7,276,189

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
621,315

Improvements:
 
2,500

N/A
1,849

Total:
 
842,500

N/A
623,164

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,900,000

N/A
3,624,337

Improvements:
 
7,200

N/A
5,326

Total:
 
4,907,200

N/A
3,629,663

 
 
 
 
 

3 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
476,000

N/A
352,078

Improvements:
 
1,600

N/A
1,184

Total:
 
477,600

N/A
353,262

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,855,700

N/A
11,727,837

Improvements:
 
100

N/A
74

Total:
 
15,855,800

N/A
11,727,911

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,361,300

N/A
4,705,203

Improvements:
 
100

N/A
74

Total:
 
6,361,400

N/A
4,705,277

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
20,277,300

N/A
14,998,320

Improvements:
 
100

N/A
74

Total:
 
20,277,400

N/A
14,998,394

 
 
 
 
 

4 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,770,600

N/A
12,404,552

Improvements:
 
100

N/A
74

Total:
 
16,770,700

N/A
12,404,626

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,605,400

N/A
7,844,397

Improvements:
 
100

N/A
74

Total:
 
10,605,500

N/A
7,844,471

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,618,000

N/A
12,291,680

Improvements:
 
265,901,300

N/A
196,676,718

Total:
 
282,519,300

N/A
208,968,398

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,178,900

N/A
10,487,574

Improvements:
 
33,942,400

N/A
25,105,856

Total:
 
48,121,300

N/A
35,593,430

 
 
 
 
 

5 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
 29
Unit Qualifier
 
 
Street Address
Air Rights Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
3,150,000

N/A
2,329,931

Improvements:
 
2,232,900

N/A
1,651,588

Total:
 
5,382,900

N/A
3,981,519

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 30
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
828,420

Improvements:
 
861,500

N/A
637,217

Total:
 
1,981,500

N/A
1,465,637

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
621,315

Improvements:
 
667,600

N/A
493,797

Total:
 
1,507,600

N/A
1,115,112

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
828,420

Improvements:
 
861,500

N/A
637,217

Total:
 
1,981,500

N/A
1,465,637

 
 
 
 
 

6 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,834,000

N/A
1,356,538

Improvements:
 
1,940,300

N/A
1,435,163

Total:
 
3,774,300

N/A
2,791,701

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
28,080,000

N/A
20,769,670

Improvements:
 
1,685,500

N/A
1,246,698

Total:
 
29,765,500

N/A
22,016,368

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B01
 
 
Street Address
1000 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
5,800

N/A
4,290

Total:
 
5,800

N/A
4,290

 
 
 
 
 
 
 
 
 
 
Block
  1
Lot
 146
Unit Qualifier
  B02
 
 
Street Address
1000 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
—

N/A
—

Improvements:
 
47,700

N/A
35,283

Total:
 
47,700

N/A
35,283

 
 
 
 
 

7 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2011)

 
 
 
 
 
Block
  1
Lot
 146.01
Unit Qualifier
  
 
 
Street Address
1000 Boardwalk
 
Year
  2011
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
30,000

N/A
22,190

Improvements:
 
—

N/A
—

Total:
 
30,000

N/A
22,190

 
 
 
 
 

8 of 8

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
5,775,000

N/A
5,775,000

Improvements:
 
6,109,900

N/A
6,109,900

Total:
 
11,884,900

N/A
11,884,900

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,625,000

Improvements:
 
2,777,200

N/A
2,777,200

Total:
 
5,402,200

N/A
5,402,200

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,625,000

N/A
2,625,000

Improvements:
 
2,869,900

N/A
2,869,900

Total:
 
5,494,900

N/A
5,494,900

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
2,730,000

N/A
2,730,000

Improvements:
 
2,775,700

N/A
2,775,700

Total:
 
5,505,700

N/A
5,505,700

 
 
 
 
 

1 of 6

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
146,971,300

N/A
146,971,300

Improvements:
 
509,473,000

N/A
509,473,000

Total:
 
656,444,300

N/A
656,444,300

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
13,720,000

N/A
13,720,000

Improvements:
 
14,517,600

N/A
14,517,600

Total:
 
28,237,600

N/A
28,237,600

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
116,174,500

N/A
116,174,500

Improvements:
 
321,002,900

N/A
321,002,900

Total:
 
437,177,400

N/A
437,177,400

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
33,998,700

N/A
33,998,700

Improvements:
 
—

N/A
—

Total:
 
33,998,700

N/A
33,998,700

 
 
 
 
 

2 of 6

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,155,300

N/A
10,155,300

Improvements:
 
100

N/A
100

Total:
 
10,155,400

N/A
10,155,400

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
9,795,000

N/A
9,795,000

Improvements:
 
42,200

N/A
42,200

Total:
 
9,837,200

N/A
9,837,200

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
840,000

Improvements:
 
2,500

N/A
2,500

Total:
 
842,500

N/A
842,500

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
4,900,000

N/A
4,900,000

Improvements:
 
7,200

N/A
7,200

Total:
 
4,907,200

N/A
4,907,200

 
 
 
 
 

3 of 6

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
476,000

N/A
476,000

Improvements:
 
1,600

N/A
1,600

Total:
 
477,600

N/A
477,600

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
15,855,700

N/A
15,855,700

Improvements:
 
100

N/A
100

Total:
 
15,855,800

N/A
15,855,800

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
6,361,300

N/A
6,361,300

Improvements:
 
100

N/A
100

Total:
 
6,361,400

N/A
6,361,400

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
20,277,300

N/A
20,277,300

Improvements:
 
100

N/A
100

Total:
 
20,277,400

N/A
20,277,400

 
 
 
 
 

4 of 6

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,770,600

N/A
16,770,600

Improvements:
 
100

N/A
100

Total:
 
16,770,700

N/A
16,770,700

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
10,605,400

N/A
10,605,400

Improvements:
 
100

N/A
100

Total:
 
10,605,500

N/A
10,605,500

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
16,618,000

N/A
16,618,000

Improvements:
 
265,901,300

N/A
265,901,300

Total:
 
282,519,300

N/A
282,519,300

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
14,178,900

N/A
14,178,900

Improvements:
 
33,942,400

N/A
33,942,400

Total:
 
48,121,300

N/A
48,121,300

 
 
 
 
 

5 of 6

--------------------------------------------------------------------------------

Schedules to Exhibit F
Trump Taj Mahal
(Tax Year 2012)

 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
840,000

N/A
840,000

Improvements:
 
667,600

N/A
667,600

Total:
 
1,507,600

N/A
1,507,600

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,120,000

N/A
1,120,000

Improvements:
 
861,500

N/A
861,500

Total:
 
1,981,500

N/A
1,981,500

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2012
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
1,834,000

N/A
1,834,000

Improvements:
 
1,940,300

N/A
1,940,300

Total:
 
3,774,300

N/A
3,774,300

6 of 6

--------------------------------------------------------------------------------

EXHIBIT G

 
 
Tax Credits
 
 
 
2013
 
$
15,000,000

 
 
 
2014
 
$
9,000,000

 
 
 
2015
 
$
9,000,000

 
 
 
2016
 
$
9,000,000

 
 
 
2017
 
$
12,000,000

 
 
 
 
 
$
54,000,000

Such credits shall be applied, pro tanto, in each of the above years beginning
with the first quarter tax installment until such credit is exhausted for such
year.

--------------------------------------------------------------------------------

Exhibit H

--------------------------------------------------------------------------------

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiffs

GOLDEN NUGGET ATLANTIC CITY, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: ______-2013; _____-2013

Civil Action

STIPULATION OF SETTLEMENT

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

--------------------------------------------------------------------------------

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

8.
The parties agree that there has been no change in value or municipal wide
revaluation or reassessment adopted and therefore agree that the provisions of
N.J.S.A. 54:51A-8 (Freeze Act) shall be applicable to the assessments on the
Subject Properties. No Freeze Act year shall be the basis for application of the
Freeze Act for any subsequent year(s).

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiff

By:     /s/ Michael D. Sklar                Dated: January ___, 2013
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant

By:     /s/ James L. Esposito                Dated: January ____, 2013
James L. Esposito, Esq.

--------------------------------------------------------------------------------

Golden Nugget Atlantic City
(f/k/a Trump Marina)
(Tax Year 2013)
 
 
 
 
 
Block
799
Lot
  25
Unit Qualifier
 
 
Street Address
2100 Absecon Blvd
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment*
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
281,223

Improvements:
 
 
N/A
209,793

Total:
 
 
N/A
491,016

 
 
 
 
 
 
 
 
 
 
Block
 571
Lot
1
Unit Qualifier
 
 
Street Address
Brigantine Blvd. & Huron Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment*
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
57,738,685

Improvements:
 
 
N/A
114,945,268

Total:
 
 
N/A
172,683,953

 
 
 
 
 
 
 
 
 
 
Block
567
Lot
 9
Unit Qualifier
 
 
Street Address
Air Rights Huron Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment*
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,758,850

Improvements:
 
 
N/A
66,181

Total:
 
 
N/A
1,825,031

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
* Original Assessments to be filled in upon filing of 2013 Tax List

1 of 1

--------------------------------------------------------------------------------

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiff

TRUMP PLAZA ASSOCIATES, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS.: ____-2013; and _____-2013

Civil Action

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

--------------------------------------------------------------------------------

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

8.
The parties agree that there has been no change in value or municipal wide
revaluation or reassessment adopted and therefore agree that the provisions of
N.J.S.A. 54:51A-8 (Freeze Act) shall be applicable to the assessments on the
Subject Properties. No Freeze Act year shall be the basis for application of the
Freeze Act for any subsequent year(s).

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiff

By:     /s/ Michael D. Sklar                Dated: January ___, 2013
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant

By:     /s/ James L. Esposito                Dated: January ____, 2013
James L. Esposito, Esq.

    

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

Block
39
Lot
  1
Unit Qualifier
 
 
Street Address
104 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
872,477

Improvements:
 
 
N/A
7,268,222

Total:
 
 
N/A
8,140,699

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
  2
Unit Qualifier
 
 
Street Address
2234 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
4,986,549

Improvements:
 
 
N/A
49,696,904

Total:
 
 
N/A
54,683,453

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 3
Unit Qualifier
 
 
Street Address
133 S. Mississippi Ave.
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
3,455,434

Improvements:
 
 
N/A
58,447,749

Total:
 
 
N/A
61,903,183

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 4
Unit Qualifier
 
 
Street Address
2235 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
4,148,443

Improvements:
 
 
N/A
33,299,683

Total:
 
 
N/A
37,448,126

 
 
 
 
 
* Original Assessments to be filled in upon filing of 2013 Tax List
 
 
 
 
 

1 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
39
Lot
 5
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
361,624

Improvements:
 
 
N/A
343,163

Total:
 
 
N/A
704,787

 
 
 
 
 
 
 
 
 
 
Block
39
Lot
 6
Unit Qualifier
 
 
Street Address
Air Rights Mississippi
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
361,624

Improvements:
 
 
N/A
343,163

Total:
 
 
N/A
704,787

 
 
 
 
 
 
 
 
 
 
Block
 39
Lot
 7
Unit Qualifier
 
 
Street Address
Air Rights Pacific
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
216,974

Improvements:
 
 
N/A
166,863

Total:
 
 
N/A
383,837

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
1
Unit Qualifier
 
 
Street Address
2200 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,465,540

Improvements:
 
 
N/A
—

Total:
 
 
N/A
1,465,540

 
 
 
 
 

2 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
2
Unit Qualifier
 
 
Street Address
116 S. Missouri Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
406,844

Improvements:
 
 
N/A
—

Total:
 
 
N/A
406,844

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
3
Unit Qualifier
 
 
Street Address
118 S. Missouri Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
452,030

Improvements:
 
 
N/A
—

Total:
 
 
N/A
452,030

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
4
Unit Qualifier
 
 
Street Address
120 S. Missouri Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
361,624

Improvements:
 
 
N/A
—

Total:
 
 
N/A
361,624

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 5
Unit Qualifier
 
 
Street Address
122 S. Missouri Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
816,925

Improvements:
 
 
N/A
—

Total:
 
 
N/A
816,925

 
 
 
 
 

3 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
6
Unit Qualifier
 
 
Street Address
2201 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
5,670,879

Improvements:
 
 
N/A
23,120,494

Total:
 
 
N/A
28,791,373

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
7
Unit Qualifier
 
 
Street Address
133 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
127,533

Improvements:
 
 
N/A
—

Total:
 
 
N/A
127,533

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
8
Unit Qualifier
 
 
Street Address
131 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
106,317

Improvements:
 
 
N/A
—

Total:
 
 
N/A
106,317

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
9
Unit Qualifier
 
 
Street Address
129 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
129,840

Improvements:
 
 
N/A
—

Total:
 
 
N/A
129,840

 
 
 
 
 

4 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
 11
Unit Qualifier
 
 
Street Address
125 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
343,542

Improvements:
 
 
N/A
—

Total:
 
 
N/A
343,542

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
 12
Unit Qualifier
 
 
Street Address
123 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
171,788

Improvements:
 
 
N/A
—

Total:
 
 
N/A
171,788

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
13
Unit Qualifier
 
 
Street Address
121 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
144,891

Improvements:
 
 
N/A
—

Total:
 
 
N/A
144,891

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
15
Unit Qualifier
 
 
Street Address
119Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
144,891

Improvements:
 
 
N/A
—

Total:
 
 
N/A
144,891

 
 
 
 
 

5 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
16
Unit Qualifier
 
 
Street Address
117 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
176,369

Improvements:
 
 
N/A
—

Total:
 
 
N/A
176,369

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
17
Unit Qualifier
 
 
Street Address
115 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
176,369

Improvements:
 
 
N/A
—

Total:
 
 
N/A
176,369

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
18
Unit Qualifier
 
 
Street Address
113 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
144,891

Improvements:
 
 
N/A
—

Total:
 
 
N/A
144,891

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
20
Unit Qualifier
 
 
Street Address
111 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
144,891

Improvements:
 
 
N/A
—

Total:
 
 
N/A
144,891

 
 
 
 
 

6 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
21
Unit Qualifier
 
 
Street Address
109 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
176,369

Improvements:
 
 
N/A
—

Total:
 
 
N/A
176,369

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
22
Unit Qualifier
 
 
Street Address
107 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
176,369

Improvements:
 
 
N/A
—

Total:
 
 
N/A
176,369

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
23
Unit Qualifier
 
 
Street Address
105 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
139,346

Improvements:
 
 
N/A
—

Total:
 
 
N/A
139,346

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
25
Unit Qualifier
 
 
Street Address
103 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
122,952

Improvements:
 
 
N/A
—

Total:
 
 
N/A
122,952

 
 
 
 
 

7 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
26
Unit Qualifier
 
 
Street Address
101 Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
115,720

Improvements:
 
 
N/A
—

Total:
 
 
N/A
115,720

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
28
Unit Qualifier
 
 
Street Address
2214 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
85,240

Improvements:
 
 
N/A
—

Total:
 
 
N/A
85,240

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
29
Unit Qualifier
 
 
Street Address
2212 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
85,240

Improvements:
 
 
N/A
—

Total:
 
 
N/A
85,240

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
30
Unit Qualifier
 
 
Street Address
2210 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
94,711

Improvements:
 
 
N/A
—

Total:
 
 
N/A
94,711

 
 
 
 
 

8 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
40
Lot
31
Unit Qualifier
 
 
Street Address
2206 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
85,240

Improvements:
 
 
N/A
—

Total:
 
 
N/A
85,240

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
32
Unit Qualifier
 
 
Street Address
2204 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
356,217

Improvements:
 
 
N/A
—

Total:
 
 
N/A
356,217

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
33
Unit Qualifier
 
 
Street Address
2204 Pacific Ave RR
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
5,442

Improvements:
 
 
N/A
—

Total:
 
 
N/A
5,442

 
 
 
 
 
 
 
 
 
 
Block
40
Lot
35
Unit Qualifier
 
 
Street Address
Air Rights Columbia Place
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,115,006

Improvements:
 
 
N/A
129,117

Total:
 
 
N/A
1,244,123

 
 
 
 
 

9 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
162
Lot
1
Unit Qualifier
 
 
Street Address
2202 Atlantic Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
5,618,323

Improvements:
 
 
N/A
34

Total:
 
 
N/A
5,618,357

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
2
Unit Qualifier
 
 
Street Address
220 Atlantic Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
376,709

Improvements:
 
 
N/A
—

Total:
 
 
N/A
376,709

 
 
 
 
 
 
 
 
 
 
Block
162
Lot
3
Unit Qualifier
 
 
Street Address
2201 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
17,170,028

Improvements:
 
 
N/A
23,237,074

Total:
 
 
N/A
40,407,102

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
35
Unit Qualifier
 
 
Street Address
28 S. Mississippi Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
193,727

Improvements:
 
 
N/A
7,198

Total:
 
 
N/A
200,925

 
 
 
 
 

10 of 11

--------------------------------------------------------------------------------

Trump Plaza
(Tax Year 2013)

 
 
 
 
 
Block
163
Lot
42
Unit Qualifier
 
 
Street Address
2301 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
376,709

Improvements:
 
 
N/A
13,018

Total:
 
 
N/A
389,727

 
 
 
 
 
 
 
 
 
 
Block
163
Lot
50
Unit Qualifier
 
 
Street Address
2319 Pacific Ave
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
2,238,623

Improvements:
 
 
N/A
7,058

Total:
 
 
N/A
2,245,681

 
 
 
 
 

11 of 11

--------------------------------------------------------------------------------

LEVINE, STALLER, SKLAR,
CHAN, BROWN & DONNELLY, P.A.
3030 Atlantic Avenue
Atlantic City, NJ 08401
(609) 348-1300
Fax: (609) 345-2473
Attorneys for Plaintiff

TRUMP TAJ MAHAL ASSOCIATES, LLC,

Plaintiff,

v.

CITY OF ATLANTIC CITY,

Defendant.
TAX COURT OF NEW JERSEY

DOCKET NOS: _____-2013

Civil Action

1.
This Stipulation of Settlement is being entered into pursuant to that certain
Settlement Agreement dated June 13, 2012 (the “Settlement Agreement”) to which
the Parties hereto have joined.

2.
It is hereby stipulated and agreed that the assessments on the properties listed
on the attached schedules (the “Subject Properties”) be adjusted and judgment
entered as set forth therein.

3.
Statutory pre-judgment interest pursuant to N.J.S.A. 54:3-27.2 is conditionally
waived by Plaintiffs, and their respective successors and assigns, and shall not
be paid by the City in connection with this settlement on the condition that the
terms of the Settlement Agreement are fully implemented. In the event the terms
of the Settlement Agreement are not fully implemented by the City, such
pre-judgment interest waiver shall be rescinded and will be of no force and
effect and any and all pre-judgment interest shall be paid as provided by
statute.

4.
Plaintiffs, and their respective successors and assigns, also conditionally
waive any and all post-judgment interest, which shall not be paid by the City in
connection with this settlement on the condition that the terms of the
Settlement Agreement are fully implemented. In the event the terms of the
Settlement Agreement are not fully implemented by the City, such post-judgment
interest waiver shall be rescinded and will be of no force and effect and any
and all post-judgment interest shall be paid as provided by law.

--------------------------------------------------------------------------------

5.
The Parties have made such examination of the values and proper assessments of
the Subject Properties and have obtained such advice, appraisals, analyses and
information with respect to the valuation and assessments of Subject Properties
as they deem necessary and appropriate for the purpose of enabling them to enter
into this settlement.

6.
The Assessor of the taxing district has been consulted by the attorney for the
City and the Assessor has concurred with the provisions of this settlement.

7.
Based upon the foregoing, the Parties represent that the settlement will result
in assessments at the fair assessable value of the Subject Properties consistent
with assessing practices generally applicable in the taxing district as required
by law.

8.
The parties agree that there has been no change in value or municipal wide
revaluation or reassessment adopted and therefore agree that the provisions of
N.J.S.A. 54:51A-8 (Freeze Act) shall be applicable to the assessments on the
Subject Properties. No Freeze Act year shall be the basis for application of the
Freeze Act for any subsequent year(s).

LEVINE, STALLER, SKLAR, CHAN,
BROWN & DONNELLY, P.A.
Attorneys for Plaintiff

By:     /s/ Michael D. Sklar                Dated: January ___, 2013
Michael D. Sklar, Esq.

DECOTIIS, FITZPATRICK & COLE, LLP
Attorneys for Defendant

By:     /s/ James L. Esposito                Dated: January ____, 2013
James L. Esposito, Esq.

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

Block
  61
Lot
  1
Unit Qualifier
 
 
Street Address
1022 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
3,568,912

Improvements:
 
 
N/A
3,775,878

Total:
 
 
N/A
7,344,790

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 2
Unit Qualifier
 
 
Street Address
105 S. Pennsylvania Ave.
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,622,233

Improvements:
 
 
N/A
1,716,291

Total:
 
 
N/A
3,338,524

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 3
Unit Qualifier
 
 
Street Address
107 S. Pennsylvania Ave.
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,622,233

Improvements:
 
 
N/A
1,773,579

Total:
 
 
N/A
3,395,812

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 4
Unit Qualifier
 
 
Street Address
109 S. Pennsylvania Ave.
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,687,122

Improvements:
 
 
N/A
1,715,364

Total:
 
 
N/A
3,402,486

 
 
 
 
 
* Original Assessments to be filled in upon filing of 2013 Tax List
 
 
 
 
 
 
 
 
 

1 of 6

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

 
 
 
 
 
Block
  61
Lot
 5
Unit Qualifier
 
 
Street Address
1000 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
90,827,285

Improvements:
 
 
N/A
314,850,924

Total:
 
 
N/A
405,678,209

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 6
Unit Qualifier
 
 
Street Address
1020 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
8,478,869

Improvements:
 
 
N/A
8,971,780

Total:
 
 
N/A
17,450,649

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 7
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
71,795,068

Improvements:
 
 
N/A
198,377,656

Total:
 
 
N/A
270,172,724

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 9
Unit Qualifier
 
 
Street Address
916 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
21,010,970

Improvements:
 
 
N/A
—

Total:
 
 
N/A
21,010,970

 
 
 
 
 

2 of 6

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

 
 
 
 
 
Block
  61
Lot
10
Unit Qualifier
 
 
Street Address
912 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
6,275,908

Improvements:
 
 
N/A
62

Total:
 
 
N/A
6,275,970

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 11
Unit Qualifier
 
 
Street Address
910 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
6,053,245

Improvements:
 
 
N/A
26,079

Total:
 
 
N/A
6,079,324

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 12
Unit Qualifier
 
 
Street Address
908 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
519,114

Improvements:
 
 
N/A
1,545

Total:
 
 
N/A
520,659

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 13
Unit Qualifier
 
 
Street Address
904 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
3,028,167

Improvements:
 
 
N/A
4,450

Total:
 
 
N/A
3,032,617

 
 
 
 
 

3 of 6

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

 
 
 
 
 
Block
  61
Lot
 14
Unit Qualifier
 
 
Street Address
900 Pacific Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
294,165

Improvements:
 
 
N/A
989

Total:
 
 
N/A
295,154

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 15
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
9,798,717

Improvements:
 
 
N/A
62

Total:
 
 
N/A
9,798,779

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 16
Unit Qualifier
 
 
Street Address
120 S. Maryland Avenue RR
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
3,931,241

Improvements:
 
 
N/A
62

Total:
 
 
N/A
3,931,303

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 17
Unit Qualifier
 
 
Street Address
1003 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
12,531,236

Improvements:
 
 
N/A
62

Total:
 
 
N/A
12,531,298

 
 
 
 
 

4 of 6

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

 
 
 
 
 
Block
  61
Lot
 18
Unit Qualifier
 
 
Street Address
130 S. Maryland Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
10,364,119

Improvements:
 
 
N/A
62

Total:
 
 
N/A
10,364,181

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 19
Unit Qualifier
 
 
Street Address
901 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
6,554,067

Improvements:
 
 
N/A
62

Total:
 
 
N/A
6,554,129

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 20
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
10,269,813

Improvements:
 
 
N/A
164,325,234

Total:
 
 
N/A
174,595,047

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 21
Unit Qualifier
 
 
Street Address
1001 Boardwalk
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
8,762,466

Improvements:
 
 
N/A
20,976,177

Total:
 
 
N/A
29,738,643

 
 
 
 
 

5 of 6

--------------------------------------------------------------------------------

Trump Taj Mahal
(Tax Year 2013)

 
 
 
 
 
Block
  61
Lot
30
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
—

Improvements:
 
 
N/A
—

Total:
 
 
N/A
—

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 31
Unit Qualifier
 
 
Street Address
Air Rights Pennsylvania
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
519,114

Improvements:
 
 
N/A
412,572

Total:
 
 
N/A
931,686

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 32
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
692,153

Improvements:
 
 
N/A
532,401

Total:
 
 
N/A
1,224,554

 
 
 
 
 
 
 
 
 
 
Block
  61
Lot
 33
Unit Qualifier
 
 
Street Address
Air Rights Virginia Avenue
 
Year
  2013
 
 
 
 
 
 
 
 
 
Original Assessment
County Tax Board Assessment
Requested Tax Court Judgment
Land:
 
 
N/A
1,133,400

Improvements:
 
 
N/A
1,199,092

Total:
 
 
N/A
2,332,492

 
 
 
 
 

6 of 6