Real Estate Assessment Committee

About The Committee

Appointed by and reports to:  Board of Selectmen

Membership:
-- 3 local residents with professional real estate-related experience (i.e. real estate agent, real estate attorney, appraiser, surveyor)
-- 2 local residents

Other staff assistance:
Director of Planning

Term:  June 30, 2016
The Board will evaluate the Committee at that time and determine a term going forward
 
DRAFT CHARGE:
This committee will:

Review various real estate matters referred to it by the Board of Selectmen, including but not limited to:

- The taking by eminent domain of any real estate (excluding routine easements for Town projects such as bike paths, roads)

- The review of any “Yard Sale” transactions, including the setting of minimum bids, the appraisal value(s), and any sales of Town property to private parties

- The review of real dispositions proposed for, or submitted for, town meeting consideration (including Town and citizen-sponsored warrant articles) as requested by the Board

- A review of how the Town issues Request for Proposals (RFPs) for property dispositions, as related to pricing.

The committee’s review will result in a written evaluation to the Board, which includes “pros and cons” of the transaction.

Helpful Information