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Orono Assessor <br />Orono Board of Review <br />April 17, 1990 <br />Page 2 <br />Re: Property ID No. 08-117-23-13-0007 <br />1990 Estimated Market Value ^449,800 <br />As new buyers we relied on the assessor's 1988 real estate market value <br />and 1988 taxes of this prospective home as being relatively stable and <br />representative of the assessors views and methodology in arriving at <br />assessor's values in the community. It is absolutely unfair to jack up <br />the values on new purchasers while the assessor allovs decades of <br />comparatively minor escalations for the established residents who don't <br />sell. <br />In view of the 21.4% Increase from 1987 to 1988 and the 26% Increase <br />imposed by the assessor in 1989 over 1988, we ask that the Board of <br />Review roll back the value to the old 1988 value of 1334,200 for at least <br />one year. Unless every other property owner in our area has their values <br />Increase proportionately from 1987, our property is being singled out in <br />an arbitrary and capricious manner. <br />In view of the values of other properties n our road, plus the recent <br />low lake level, the milfoil, the 394 construction, the drought, the muck, <br />the awful weather, the dredging by Maxwell Bay Marina, our reliance on <br />the 1988 assessed value and the unfairness of the whole gad-blamed system <br />I think that is the least that should be done. <br />Let's all vote for ^334,200 as being fair shall we? <br />Yours truly. <br />W. Thoii.as Wheeler