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ORONO BOARD OF APPEAL & EQUALIZATION <br />RECONVENED MONDAY, MAY 13, 2002 <br />11 <br />1. Stephen Farnes of 4400 Deering Island, #18- 117- 23 -31- 0001 — Continued <br />Sansevere asked if Mr. Fames was aware of other appeal options available to him. <br />Jensen stated that the next step would be the County Board of Equalization with no fee, <br />then would come Tax Court, which would have a small fee. <br />Sansevere told Mr. Fames that his decision would have to be based on the information <br />provided by their experts. <br />Nygard stated he felt the assessment was too high, and mentioned the boat traffic past the <br />island. Mr. Fames stated that he gets up to 250 boats passing the island an hour. The <br />island was 6.5 acres at the early part of the century, but has been eroded away. He stated <br />he would have to invest $80,000 - $100,000 or more to rip rap the island. <br />White stated that other island properties have more privacy. <br />Mr. Fames stated that he has no land access to the island and the house is substandard. <br />Sansevere asked Jensen what the EMV would come to if the island had eroded to 2.25 <br />acres. Jensen stated that using $5 per s.f. the EMV would comedown to $510,000 <br />White asked Fames if he lives there year round. He stated that he only spends two or • <br />three months there a year, but it is the only property he owns and is his voting residence. <br />He also stated that the property probably should not be homestead, but should be seasonal <br />recreational. He stated he would like to see the EMV at $174,584, which would be the <br />1994 EMV plus 4% each year. Mr. Fames stated that the Council had the power to <br />decide whatever was fair, and reminded them that last year's assessment was based on <br />erroneous information concerning the actual size of the island. Sansevere stated he could <br />not support such a decreased EMV. Nygard stated they could not go backwards from last <br />year's appraisal. <br />Sansevere was wondering if there was enough time for Mr. Fames to get a survey and a <br />appraisal done before the board made a decision. Jensen stated the board had to be <br />closed that night because the board needs to close within 20 days of the first meeting and <br />that was the twentieth day. <br />Gaffron stated it was feasible that half an acre had eroded in 17 years, but he doubted it. <br />Sansevere suggested Mr. Fames take a survey and an appraisal to the next level of <br />appeal. <br />E <br />2 <br />