Peter and Paul, but the archdiocese retained ownership of the property under the $53 million lease through a holding company, Philadelphia Catholic Cemeteries LLC.

Three corporate entities – StoneMor Operating LLC, StoneMor Pennsylvania LLC and StoneMor Pennsylvania Subsidiary LLC – are the sole occupants of Ss. Peter and Paul is currently a taxable property assessed at more than $1.7 million. Trevose-based StoneMor, the nation’s second-largest provider of funeral and cemetery products and services in the death-care industry, took over management of 13 archdiocesan cemeteries in May 2014 under a 60-year lease agreement designed to help defray the archdiocese’s unfunded liabilities. One person familiar with the case indicated the proposed settlement requires school board approval. Marple Newtown Solicitor Mark Sereni and archdiocese spokesman Ken Gavin both declined comment, and attorneys for StoneMor did not respond to calls seeking comment. The exact details of the proposed settlement were not immediately available. Property valuation and related tax exemption issues were scheduled for trial before Delaware County Court of Common Pleas Judge Spiros Angelos this week, but one witness said he had been contacted by attorneys in the case Wednesday and told his testimony would not be needed because a settlement had been reached. The Marple Newtown School District has reportedly reached a tentative settlement agreement in a tax dispute with the Archdiocese of Philadelphia and subsidiaries of StoneMor Partners LP, the for-profit corporation currently operating Ss.

Cemeteries in lower merion township pa