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i <br /> I <br /> Board of Assessors Meeting Page 4 <br /> I i <br /> Payment of Taxes - Cape Cod Coffee (continued) <br /> the appraisals which basically showed the business value about <br /> the same as Mashpee ' s assessment. laid Bailey explained that <br /> there is only a warehouse there with a fey offices; however, the <br /> property consists of three acres . The difference between the <br /> appraisals and MashpeeI s assessment Is the excess acreage <br />' and there is an extra building lot there. Chairman Greig <br /> initiated lengthy discussion concerning a possible future <br /> variance with potential to build. <br /> Board of Assessors Meeting Schedule <br /> Chairman Greig pointed out that Board Members do not <br /> have much to do at present for Assessing except for the Quality <br /> Checks . He made suggestion that The Board hold only one Regular <br /> Meeting instead of two per month for July and August. All <br /> expressed agreement. Short discussion followed concerning the <br /> dates of Board Meetings for July and August. Board Members <br /> agreed upon the second Tuesday of the month , . July 9 and <br /> August 13 at r : oo p0mo <br /> Marcia King made motion The Board schedule only one <br /> Regular Board Meeting per month for July and August; the meeting <br /> dates are July 9 and August 1 . Leslie Greig made second the <br /> motion; motion passed; unanimous decision. <br /> E BUSINESS: <br /> Ass ssin a artment ' s Budget <br /> Marcia ding requested a copy of the present status of <br /> Assessing ' s budget. David Bailey will submit a copy to her. <br /> SouthCa e Beach/State ' s Portion - Part of The Town ' s value? <br /> Marcia King Inc uIred if the value of the State ' <br /> Portion of SouthCape Beach is included in the value of the Town. <br /> David Bailey informed that it is - non-taxable property; therefore, <br /> it is not included in the Town ' s taxable value . Short discussion <br /> followed. <br /> Commercial Property - Establishing value <br /> Marcia King inquired how Assessing establishes the <br /> value of com ercial . properties . David Bailey informed that value <br /> is based on ability to produce income what the oviner of the <br /> property receives for rental . <br />