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 ends:  Indefinite

Board will evaluate the Committee at that time and determine a term going forward


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.


The Real Estate Assessment Committee is a public body and Open Meeting and Conflict of Interest Laws apply.


Helpful Information