10/10/1995 BOARD OF ASSESSORS Minutes

Home Browse Search

r 'Board of Assessors Meeting Page 5 Progress of Upcoming Revaluation (continued) Acreage continued Upon question from Kenneth Porter, David Bailey explained further that only the worst acreage will have its value dropped - and it is already being discounted for access or whatever - so there should not be a big change in value. Everything else will stay at 2 of the lot value in that general vicinity. As example,, If lots in New Seabury are selling for $50 , 000 , that type of acreage will remain at $10 , 000 . Only the acreage in the R6 and the R7 neighborhoods where building lots are $20 , 000 will e decreased in value from $7 , 000 to probably $3 , 500 or $4 , 000 * Mice Chairman Greig questioned what the value will be for a lot in the Industrial Park. David Bailey in ormed that the entire Industrial Park is for sale at $25 ,000 an acre, yet he does not }snow what a single lot will sell for. Probably one lot will sell for $100 , 000 ; perhaps it makes sense that one acre undeveloped will be about $20 , 000 . General discussion followed on various parcels of land in Mashpee from which developers are trying to mace lucrative sales. Presently, not much is happening in this regard. NEW BUSINESS Renova ions to dash ee 'down Hall All reviewed the blueprints of the proposed renovations . Kenneth Porten initiated lengthy discussions . He stated that he had submitted many of his concrete ideas . All Members and David Bailey discussed various design ideas and all offered excellent suggestions . Board Members and David Bailey agreed they will do the best they can for the ten years these renovations are designed. D U IM N There being no further business before The Board for discussion, Kenneth Porter made motion The Board adjourn the meeting; Leslie Greig made second the motion; motion passed; unanimous decision. The regular board meeting was ad3ourned at 6 : 55 p.m. Respectfully submitted, a n Board Secretary