HomeMy WebLinkAbout1993-08-16 Board of Assessors MinutesTown of Reading
16 Lowell Street
Reading, MA ` 01867-2693
BOARD OF ASSESSORS
FAX: (617) 942-9070 (617) 942-9027.
ASSESSORS MINUTES
AUGUST 16, 1993
MEETING WAS HELD AT 6:30 P.M.
APPOINTMENTS
NONE.
OLD BUSINESS
1. MINUTES OF PREVIOUS MEETING - JUNE 28, 1993 AND
JULY 27, 1993.
MINUTES 6/28/93 APPROVED 3-0-0
MINUTES 6/27/93.- APPROVED 2-0-1.
2. APPRAISER'S REPORT.
ACCEPTEI~_ ATTACHED TO MINUTES. ROBERT NORDSTRAND WILL
BE THE=BOARD OF ASSESSORS' REPRESENTATIVE TO THE CLASS-
IFICATION STUDY COMMITTEE... A LETTER TO BE SENT TO-THE
TOWN'MANAGER SO STATING AND REQUEST.FOR COPY OF THE
FINAL REPORT TO BE SENT TO THE ASSESSORS' OFFICE NEED
TO ADD A LOCAL REAL ESTATE PERSON TO THIS COMMITTEE
APPOINTED BY EASTERN BOARD OF MIDDLESEX REALTORS.
NEW BUSINESS
CORRESPONDENCE
NOTED'.
SIGNINGS
1992 MOTOR VEHICLE EXCISE ABATEMENTS $ 383.13
1993 MOTOR VEHICLE EXCISE ABATEMENTS $2,055.26
END OF THE MONTH FIGURES-JULY 1993:
1992 M.V. EXCISE ABATEMENTS $ 233.33
1993 M.V EXCISE ABATEMENTS $4,170.65 -
ADVANCE PAYMENT HOUSE CONN.BETTERMENT $ 53.76
ADVANCE PAYMENT SIDEWALK BETTERMENT $ 23.52-
PAGE 2. ASSESSORS MINUTES (CONT.)
AUGUST 16 1993
GENERAL BUSINESS
1 • SCHEDULE NEXT
MEETING FOR A
MR. ROBERT UGUST 30, 1993 AT
I,
MR. DAVID R NORDSTRAND 6:3 O p•M•
• NUGENT WERE PRESE AND N MRS.
AT THIS MEETING. S' ZIEGLER AND
ADJOURNED: g 00 P M_
ATTEST:
MARY EGLE ~
SECRETARY
y~.
BOARD INTRADEPARTMENTAL
D OF ASSESSORS
AVE BILLARD
08/16/93
APPRAISER'S REPORT
MEMORANDA
enble Preparation of the
ikner is FY199q
assemblin assi~icabion
in yOe Po ential ramifiClcommittee to Inv
esWeti aring,iPeter Hech-
there needs Input cations of classi n s to as fic gate
commer bet~eS~° should be Involved ation. We detail all
cial and industrialh done in this is interested
assessments, on
study
No guldell'nes haThis ve law. Chapropert ier ter 69 owthe nersw local Option - Also
rin
implementation. Attached, dratfed Section a 5W 18$ di ffe
scount on their
tached, yet relative htheJust been
2. Carnation Please
fiend to to enacted,
orres circle pro a copy of the 9istics of its
17. th Pondance, at Property owners Provision,
c
1993. The Selectmansre scheduled to
of tax relief Adueou are aware, Meeting scheduled heard, a
their FY1994-es their contention vi
tO the inclusion of
is
tImated bills. the for August
3. Please see trash feefor some type
the included on
a request was attached memo which was
has. After made relative
of all numerous to Pending exVen to Richard
the FY1993 filtactics. we will notPOSUre Foley after
ears until the town currentl
,4' late October. able to get a Y
taricclosure note on 1993. listing
al Commission the bequethment of States Office '
what to dispoSeeceived authorization oldr ecords
w of a trail to of them, ization from to The Nis-
we have the line questiorough' howevernow this aPPeareSecretary of
on dow better a document n our lack of should d to be some-
safe than PrOving the State PossessionnOfnt further
of The rry I granted author t
ty to hese records,
A ciall Wistosrio cal C alwommission y!0
officially
Y the Wist I notified byiPhoneVidispose;
5. Julie's ical Commissions.0onfirm the records rginia
Jule's reinspeCtlon efforts were
08/13/93 have yielded 7 for the
Currently, Program up tois brings theuto inspections atwo nd weeks, 08/02 g past
day a week basis681. I will bel recollected on1 exterior measures,
residential The schedule Joining Julie the cyclical
at by Dec this
shape, abase b emberi
d 1993. complete 1,568e(76%) a one
aPPear to be in goodhe
PAGE 2
6. I have gone through
that were submitted
rents and expenses.
comparing it to the
properties, it appe
hold for FY1994 for
all of the Income and Expense Statements
for FY1994 containing calendar year 1992
Given an analysis of each statement and
generated FY1993 N.O.I for the commercial
ers that overall the FY1993 values will
these classes.
7. The FY1994 Personal Property values are nearly set. A large
majority of their values will remain constant. I am con-
centrating on the owners who submitted a value that is sig-
nificantly different from their FY1994 return. As you know,
all new accounts have already been picked up.
8. For the residential valuation, I have attached composite analysis
which includes sales up through May 1993. As I am sure you can
remember, the FY1993 sales yielded a median of .95 percent. The
1992 (FY1994) sales yield a median of .92. The aggregate of
the 16 month timeframe (01/01192 thru 04/30/93) yields a median
of .92.
9. Peter Hechenbleikner is in the process of drafting job descriptions
for all positions in the Town. Apparently, this is an effort on
the personnel front that would allow for comparisons of jobs and
salary after actual descriptions have been drafted. I have been
given an initial draft of the Appraiser's position which I am in
the process of editting for myself and Julie. The final drafts
are needed by 08-19-93. As soon as they are in final form,
08-18-93, I can fax,a copy to each of you for your review..
i
10. Attached, please find a memo that was requested from Beth Klepeis
relative to the potential rents of two parcels of foreclosed on
property.
cc: Beth Klepeis
cc: Julie Cosentino