Community Corner

Public Utility Companies, Yarde Metals Leads List of Top Taxpayers

Take a look at the top taxpayers in Southington in 2012.

With more than $67 million in personal property located in Southington, Connecticut Light and Power remains the town's top taxpayer, but investments in Yarde Metals over the past couple years have led the company to bypass Yankee gas for the number two spot in the community.

The annual Grand List released last Thursday showed net gains in the community of 0.45 percent overall, with real estate growing by $10.75 million and personal property growing by $1.73 million.

The list includes a number of large taxpayers in the community, including CL&P, Yarde Metals, Target and more.

While CL&P remains the top taxpayer at tens of millions in assessable property over any other company, there has been growth with others in the community including Yarde Metals, which jumped to $16.03 million in total assests during 2012.

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The top real estate owner in 2012 was Lexington Southington LP, a company that owns the property at 200 Executive Boulevard, located just off of West Street near Interstate 84.

Take a look at the list of Southington's top 10 taxpayers, as reported by the Southington Town Assessor:

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Rank Property Owner Location Real Estate Personal Property Total 1 Connecticut Light & Power Various $2,170,060 $67,090,275 $69,260,335 2 45 Newell Street Associates, LLC (Yarde Metals) 45 Newell St. $9,575,190 $6,456965 $16,032,155 3 Yankee Gas Services Various $63,500 $15,768,694 $15,832,464 4 Lexington Southington, LP 200 Executive Boulevard $10,942,350 N/A $10,942,350 5 RK Southington 825 Queen St. $10,846,300 N/A $10,846,300 6 Target Coorperation 600 Executive Boulevard $9,170,000 $1,417,862 $10,587,862 7 Execwest LLC (Lowes Home Improvement) 500 Executive Boulevard $8,473,630 $2,016,025 $10,489,655 8 Twinco Corp (BJs) 75 Spring St. $7,221,740 $2,651,227 $9,872,967 9 Southington/Route 10 Associates 750 Queen St. $9,360,730 N/A $9,360,730 10 Hartconn Corporation 400 Executive Boulevard $9,081,840 N/A $9,081,840

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