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Board of Assessors Meeting Page <br /> Pro cess Of U2coming Revaluation (continued) <br /> David Bailey informed Board Members that Mashpee ' s 1 , 400 <br /> properties dropped by more than 1 in value ( $3 , 000 is the 10 ; <br /> the vast majority those were vacant lots . The biggest lot <br /> value change drop is by Ashumet Pond. vice Chairman Greig <br /> introduced lengthy discussion about test results in that area <br /> which the Enterprise published, Mr. Bailey stated that another <br /> large percentage change (drop) in value is in New Seabur . . . <br /> mostl.y vacant lots off the Golf Course. Lots with modest houses <br /> have not been affected that much because building values have <br /> gore up; the percentage drop in lot value was washed out by most <br /> of the larger hones built on the lots there. More discussion <br /> f of Lowed. <br /> Mr . Bailey explained that other than those few residential <br /> areas that had some significant changes , there have been only <br /> minor changes; Assessing has been on top of everything in this <br /> regard. <br /> Mr. Bailey expressed hope that Mr. Bob Trembley would have <br /> something solid for Assessing by the end of the week on the <br /> commercial data. <br /> David Bailey informed that Ms. Sue Moynihan of the D. .R. <br /> will be conning- to Assessing tomorrow. She has not done anything <br /> on residential personal property. Assessing did a "mock" on <br /> furnishings from catalogs. $15 , 000 was established for a <br /> typical three bedroom home; ori a typical two bedroom <br /> ondominium. We are right in the ballpark . • . we were using <br /> and on these kinds of properties that Assessing depreciated. <br /> Mr. Bailey pointed out that this is not what the D. .R. wants, <br /> but he did not want to send out form of lists to 3 , 000 people . . . <br /> this would be a waste of The Town ' s money. <br /> David Bailey informed that the D. . * is discussing, as an <br /> interim measure, issuing a suggested percentage for personal <br /> property basically, It is saying that If municipalities use <br /> this percentage, the D. .R. will not require documentation . Vice <br /> Chairman Greig stated that he would have no problem with this <br /> ruling . David Bailey expressed agreement and was of the opinion <br /> that, ultimately, person ►l property tax will be discontinued . . . <br /> there has been toe much "hoopla" about it. Discussion followed . <br /> Vice Chairman Greig stated for The Record that "I think this <br /> office - - and I give credit to David Bailey - - should have an <br /> accolade for the money it has saved this Town. We could have <br /> spent, since I 've been in office, close to one-half million <br />