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HomeMy WebLinkAbout2011-09-13 Board of Assessors MinutesREHM"' JOWN LNPWN OF READING READING,lVtOWELL STREET 2011 SEP 21 READING, MA 01867-2693 MINUTES BOARD OF ASSESSORS TEL.: 781-942-9027 FAX: 781-942-9037 SEPTEMBER 13, 2011 4 MEETING CONVENED AT 7:00 P.M. IN ATTENDANCE: MR. RALPH A. COLORUSSO, MR. ROBERT I. NORDSTRAND, MR. FRED A. MCGRANE AND MR. WILLIAM BOATWRIGHT. 1. APPOINTMENTS: - NONE NOTED. 2. , MINUTES OF THE PREVIOUS MEETING/S: SEPTEMBER 6, 2011 - APPROVED 3-0 AS AMENDED 3. TOWN APPRAISER'S REPORT: MR. BOATWRIGHT REPORTED IT HAS BEEN DETERMINED THAT THE NEW GROWTH' FOR PERSONAL PROPERTY FOR FY2012 WAS $3,955,000. MR. BOATWRIGHT DISTRIBUTED SEVERAL RENTAL .INCOME/VACANCY RATE SCENARIOS FOR THE BROOKVIEW. INVESTMENTS (THE OLD TASC) PROPERTY. THESE SCENARIOS WERE INTENDED TO FINALIZE AN OUTSTANDING ABATEMENT. THE BOARD AGREED THAT A 10% VACANCY FACTOR WAS REASONABLE FOR THIS TYPE OF PROPERTY. THE BOARD WAS INFORMED THROUGH BOB LELACHEUR THAT THE NEW LIASON/CONTACT FOR THE FINANCE COMMITTEE IS PAULA PERRY OF 40 BEAVER STREET. MINUTES CONTINUED 4. SIGNINGS: -WERE COMPLETED. 5. NEW BUSINESS: - THE BOARD REVIEWED A DRAFT OF A LETTER REGARDING THE RECOMMENDATION OF THE DOLLAR AMOUNT OF THE OVERLAY FOR FY2012. 6. GENERAL BUSINESS: - NONE NOTED. 7. CORRESPONDENCE: - MR. BOATWRIGHT SHARED WITH THE BOARD A DRAFT OF A LETTER TO BE MAILED TO ALL BOAT OWNERS IN READING. AFTER SEVERAL REVISIONS, THE LETTER WAS SIGNED BY THE BOARD. 8. NEXT MEETING: TUESDAY, SEPTEMB:ED 7: 0 PM ADJOURNED: 8:40 PM ATTEST: . MC NE- SECRETARY