09/10/1996 BOARD OF ASSESSORS Minutes

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I Board of Assessors Meeting Page Neighborhood values (continued) report *corers the period of January 1 . 1.995 to September 1 , 1996. When the report is gone from January to January, it looks better because the c.o.d. is down around 8. 2% or 8 .3% . Ippon question from Chairman Greig, David Bailer informed that the N3 properties have dropped a few percentage points; however, the better properties in New Seabury are holding thein own there are many sales in the $400 , 000 range. Vice chairman Porter pointed out that many older hones have been unproved in value as much as ,' but another January must coo by before there is fair assessment:. Mr . Bailey agreed; ' he stated that the repeat sales of these properties have sola at a higher value. 'Mr, Porter expressed concern that entire areas may be strapped with higher assessments because of these unproved properties that have recently sold. Mr. Bailey assured he will be taking a very close look at the ones that are more than 1 off . fir. Porter noted that many hones in Popponesset are quite old . . . built in the 1940sand 1950s-. He questioned the depreciation schedule. Mr, Bailey stated that he has been reviewing these houses by year built; he intends to put this data on a spreadsheet: to rake sure the depreciation is correct. Chairman Greig questioned the value placed on -New ew seabury ' s transfer of the commerclal and residential properties which have not been recorded, He pointed out: that this is an approved plan and worth much more than raw land. David Bailey informed that the assessment: is well over $one million where it should be. Lengthy discussion followed regarding the low value of vacant: land in Mashpee and the high cost of putting in approved roads; the open space benefits of "'pork chop" Lots; and cluster zoning being too restrictive and in need of chance. David Bailey informed that he will print' out a copy of the report for each Board member, this should be finalized by the beginning of November . Then, the Growth and Tax Rate can be done; the classification Hearing will probably be the November.last week of Hopefull y, . the 'fax mate will be approved the first geek of December so that the Tax Bills can be printed. iashpee 'down Hall ' s Completion Date of Renovation David Bailey informed that December 15th is the nevercompletion date for the renovation of Town Hall two months behind schedule. Lengthy discussion followed.