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HomeMy WebLinkAbout1994-09-14 Board of Assessors MinutesOFR Town of Reading r rn 16 Lowell Street Reading, MA 01867-2693 639: INCo BOARD OF ASSESSORS FAX: (617) 942-9070 (617) 942-9027 ASSESSORS MINUTES SEPTEMBER 14, 1994 MEETING WAS-HELD AT 6:30 P.M. APPOINTMENTS NONE. OLD BUSINESS 1. MINUTES OF PREVIOUS MEETING - AUGUST 23, 1994 AND SEPTEMBER 6, 1994. 8/23/94 - APPROVED 2-0-1. 9/6/94 -APPROVED 2-0-1. 2. APPRAISER'S REPORT. ATTACHED. NEW BUSINESS CORRESPONDENCE NOTED. SIGNINGS ADVANCE PAYMENT - STREET BETTERMENT ADVANCE PAYMENT - 70% HOUSE CONN. 1994 M.V. EXCISE ABATEMENTS 1993 M.V. EXCISE ABATEMENTS 1992 M.V. EXCISE ABATEMENTS GENERAL BUSINESS WAS CONDUCTED. MRS. MARY S. ZIEGLER, CHAIRMAN, MR. COB DAVID R. NUGENT WERE PRESENT AT THIS ME ADJOURNED: 7:30.M. ATTEST $ 33.12 $ 140.00 $ 536.37 $ 17.81 $ 18.75 'sRT I NORDSTRAND, AND MR. WING. AVID R. NUG - SECRETARY INTRADEPARTMENTAL MEMORANDA TO: BOARD OF ASSESSORS FROM: DAVE BILLARD DATE: 09/14/94 REF: APPRAISER'S REPORT Ys a4XYr ~+c ~k aY 4r Y~XXrrXXXXYrXX•~k 7rX k'Yt ~kXX~t kXX•.k ~k X~kX Ar ~r X'Y~•Nr X'k XXY<Yr X~k Yf Yf X•Yc ~r Y<•~CXYt lrXX• W NrXXxAr Yt X•YtX 7r 1. The preliminary values for the single family homes have been drafted. The values for FY1995 represent a 6% increase in the land value for neighborhoods 6 and 7 and a 3% increase in the land value for neighborhood 5; while neighborhood 4 land values decreased 10%. Only two building adjustments were made. Homes with less than 1000 square feet of living area were reduced by 5% and raised ranches and splits where increased about 2%. These values can still be reworked, though these changes appear to have improved the assessments in the more critical stratifications. 2. Attached is a letter to the new owners of 320 Haverhill Street:. explaining their billing sequence on a pro--forma basis for your review. cc : Frank Reen cc Beth Klepeis e