8/28/1995 BOARD OF ASSESSORS Minutes

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NOTE:i Th Mashpee Board of Assessors did not hold Board Meeting on Monday, August 21 , 1995. t MASH EE BOARD of ASSESSSORS I,4INUTES OF AUGUST 28 , 1995 PRESENT. ROBERT R. DeLOR , CHAIRMAN LESLIE M. GREIGr MICE CHAIRMAN KENNETH A. PORTER, CLERK DAVID A. BAILEY, DIRECTOR OF ASSESSING The regular meeting was called to order by Chairman DeLory at : 10 p.m. MINUTES OF THE MEETINGS: Minutes of The Meetin of July 2 , 1995 Vice Chairman Greig referred to Page 1. , Last Paragraph; he questioned when Mr . Boli Trembley would be coring into the Assessing Department, David Bailey Informed that he was here just today and will be coming in again on Wednesday. Kenneth Porter made motion The Board accept The Minutes of The Meeting of July 24 aswritten; Robert D Lory made second the motion; motion passed; unanimous decision* The Minutes were accepted by The Board. NEW/OLD BUSINESS: Industrial Revaluation David Bailer informed that the Industrial sector will see some 'dramatic ha.nges,' However, there is so little of it, there will be not much effect on the Town. The sales we have had are much lower than the assessments by 80 to 40% , We will have to adjust these. Upon question from Kenneth Porter, Mr. Bailey informed that there were two sales on Echo Road. As he recalls , one was assessed at $190,000 and sold for $1.50 , 000 or so; another was assessed at $160 ,000 and sold for $120 , 000 . There was a sale f a vacant two acre parcel on Route 28, next to the g-as station,, for $140 , 000 . Discussion followed. Mr. Bailey informed that the building right in the area also sold at about 30% less than the assessment.