Laserfiche WebLink
©mi ^ <br />ORONO BOARD OF REVIEW <br />RECONVENED MONDAY, MAY 8, 2000 <br />1. Matt Nicoll of 160 Smith Avenue, U02-1 17-23-21-0029 continued <br />could support his appraisal at $597,000. Special assessments are the burden of the seller, <br />$597,000 is below what the house would sell for today, and a future hookup fee would not be a <br />negative factor for a buyer in this price range. <br />Mayor Jabbour stated that with a home with a perfectly functioning septic system, the owner is <br />paying for two systems and one of them should be taken off the market price. <br />Nicoll stated that if he were looking at a house that cost $400,000 and he knew that as soon as he <br />closed on the house, he would be responsible for a $100,000 assessment, he would not close on <br />that house. Therefore, the assessment does affect the potential sale of the property and the <br />market value should be adjusted. <br />Da\y asked if the assessor should be adjusting for home equity loans too. <br />Mayor Jabbour stated that he would not pick up someone else’s tab when buying a property. <br />Mayor Jabbour moved, and Peterson seconded, that the NicoU property’s (#02>117-23-21 <br />0029) market value be reduced by the sum of $25,000 to $572,000 based on fact that they <br />have a full functioning septic system. <br />Vote: Ayes 5, Nays 0. <br />2. Mr. Otten of Otten Bros. Nurseiy <br />Mr. Otten explained that the outlot behind the nursery has a proposed service road. The county <br />has carried the road at a nominal fee of $200 because of the restrictions on it. Last year, when he <br />added a loading dock, the value went from a nominal $200 to $40,000. The proposed value for <br />this year is $50,000. Otten talked to Ray Shudy from the county and explained that the outlot is <br />still a restricted easement. <br />Otten stated that Orono has access to a well through the outlot and he still feels restricted as to its <br />use. The rest of the property was also raised by $350,000. He is looking for relief on the service <br />road. <br />Mayor Jabbour stated that this is an unusual situation. If it’s City land, he shouldn’t pay taxes on <br />it. Kelley stated that since the City hasn’t made up its mind about the service road, he should be <br />left alone. Peterson agreed. Kelley stated that this situation also reflects on Sid Reber ’s <br />property. Mayor Jabbour stated that because Otten has limited use of the road, it should be kept <br />at a nominal fee. <br />Davy stated that it does have value Ix'cause Otten is using it for his loading dock. Mayor <br />Jabbour stated he understood that, but Otten’s exclusive use is not by choice, it’s simply because <br />the City hasn't decided what to do with the road.