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MINUTES OF THE TRUTH IN TAXATION HEARING <br />HELD AT 5:30 P.M. ON MONDAY. DECEMBER 1.2003 <br />IN THE ORONO COUNCIL CHAMBERS <br />Mtttibtf PrbMiit: Council Members McMillan. Sansevere and White <br />Staff Present;City Administrator Ron Moorse, Finance Director Tom Kuehn <br />Acting Mayor Sansevere call the nieeting to order at 5:35 p.m. Acting Mayor Sansevere <br />opened the hearing and indicated the hearing was an opportunity for citi?ens to ask <br />questions and provide comments regarding the proposed budget ar>d tax levy for 2004. <br />Bill Stubbs indicated he did not have any concerns regarding the proposed budget or tax <br />levy; however, he had a question regarding the valuation of his property at 185 Old <br />Crystal Bay Road North. The Truth in Taxation notice he recently received indicated that <br />his market value had increased by $91,000. The Truth in Taxation rratice also indicated <br />the zoning of the property to be “industrial preferred”. <br />Acting Mayor Sansevere indicated that City staff would contact the Assessor to follow up <br />regarding the increased property value. Mr. Stubbs indicated he would follow up with the <br />Assessor. <br />There being no further public comments. Acting Mayor Sansevere dosed the hearing. <br />Council Member White moved, Council Member McMillan seconded, the <br />announcement that the 2004 budget and tax levy will be adopted at a hearing to be <br />held at 7:00 p.m. on Monday, December 8,2003. Vole: 3 Ayes, 0 Nays. <br />ADJOURNMENT <br />Council Member White moved. Council Member McMillan seconded, that the <br />meeting be adjjoumed at 5:53 p.m. Vote: 3 Ayes, 0 Nays. <br />ATTEST: <br />•u.I&l. <br />Linda S. Vee. City Clerk Barbara A. Peterson. Mayor <br />(D <br />i <br />I <br />1 <br />r ill irStii