HomeMy WebLinkAbout1997-07-31 Board of Assessors MinutesOF]?
Town of Reading
16 Lowell Street
Reading, 01867-2693
639' INCORQO4P
BOARD OF ASSESSORS
FAX: (617) 942-9070 (617) 942-9027
MINUTES
JULY 31,1997
MEETING WAS CALLED TO ORDER AT 6:30 P.M.
APPOINTMENTS
NONE.
OLD BUSINESS
1. MINUTES OF PREVIOUS MEETINGS - JUNE 19, 1997 AND JULY 23, 1997.
6/19/97 HOLD FOR NEXT MEETING.
7/23/97 APPROVED 2-0-0.
NEW BUSINESS
1. APPRAISER'S REPORT.
SEE ATTACHED REPORT.
CORRESPONDENCE
NOTED.
SIGNINGS
1997 M.V. EXCISE ABATEMENTS
$ 103.85
PAGE 2.
JULY 31, 1997
MINUTES (CONTD.)
GENERAL BUSINESS WAS CONDUCTED.
1. DISCUSSED COMMERCIAL LAND SALES AS THEY RELATE TO READING.
MRS. MARY S. ZIEGLER, CHAIRMAN AND MR. ROBERT 1. NORDSTRAND WERE
PRESENT AT THIS MEETING.
NEXT MEETING SCHEDULED FOR MONDAY AUGUST 11, 1997 AT 6:30 P.M.
ADJOURNED: 7:45 P.M. ATTEST:r Z w~~C~c~7 U~
ROBERT I. NORDSTRAND,
SECRETARY.
F~
OF
°3 Town of Reding
y 16 Lowell Street
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r~~; L' Ewa Reading, MA. 01867-2693
G39'/NCORQo
BOARD OF ASSESSORS
FAX: (617) 942-9070 (61 942-9027
TO: The Reading Board of Assessors
FROM: David Billard, MAA
DATE: 07/31/97
REF: Appraiser's Report
1. 1 received a call on 07/29/97 from Jackie Carson of United Church Homes of
Reading, Inc. inquiring on the status of their inquiry. I explained that the Board had
discussed their correspondence asking for an amendment to the PILOT and that the
initial agreement and inquiry had been forwarded to Town Council fora legal opinion
of potentially amendment it. I have sent requested information to an Attn. Cheryl
Blake, working for Attn. Cohen, regarding the assessed values of apartment buildings
in the Town. It appears that the Boards request is being currently acted upon.
2. On 07/29/97, I called the Department of Revenue to get information relative to
commercial tax incentives that may be available. Holding the annual classification
issues constant, the only other potential commercial tax incentive is Massachusetts
Tax Increment Financing (TIF). The TIF program, which is what we have
information on, is available to areas deemed by the Economic Assistance
Coordinating Council at the Massachusetts Office of Business Development as being
"economic centers" in Massachusetts. I have yet to wade through the some 50 pages
of specifics regarding this program, though I am reviewing it now to see if it would
even potentially apply to Reading. At a glance it appears not to be the case.
3. We have received to date 102 sales questionnaires back from the mailing that was
done 07/09/97. Out of these 102 received, there have been 60 inspected to date.
4. To date we have received back 57 of the income and expense forms. I am in the
process of analyzing and putting the information into spreadsheet format. I will
prepare the results for the Board's next meeting.
CC: Elizabeth Klepeis- Treasurer/Collector
CC: Peter Hechenbleikner- Town Manager