The Town of Amherst and Zaepfel Development have settled a lawsuit that accused the town of overcharging the developer by $63,300 in building permit fees because it overvalued an office complex on Wehrle Drive.
The Town Board voted 5-0 Monday night to approve a settlement to the lawsuit that Zaepfel filed two years ago in State Supreme Court.
Large sections of the settlement agreement released to The Buffalo News were redacted, and Town Attorney Stanley Sliwa and Town Supervisor Barry A. Weinstein declined to discuss the settlement. Robert Freeman, the executive director of the state Committee on Open Government, said the town doesn't have legal grounds to keep it confidential.
Zaepfel's suit stemmed from the fact that it believed the building at 1760 Wehrle was worth $11 million, while the town set a value close to $18 million. The town charged $193,800 in building permit fees, while Zaepfel argued $130,500 is fair.
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