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  2. Finance Committee - Agenda - 6/6/2018 - P110

Finance Committee - Agenda - 6/6/2018 - P110

By dnadmin on Mon, 11/07/2022 - 11:36
Document Date
Wed, 06/06/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 06/06/2018 - 00:00
Page Number
110
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__060620…

City of Nashua

Central Purchasing
229 Main Street
Nashua NH 03060
603-589-3330 Fax: 603-589-3344

May 22, 2018

TO: MAYOR Donchess
FINANCE COMMITTEE

SUBJECT: INDEPENDENT APPRAISALS FOR FLATLEY ABATEMENT APPEALS REQUESTED
BY ASSESSING DEPARTMENT (VALUE: $14,006)
DEPARTMENT: 132 ASSESSING; FUND: OVERLAY

The subject of this appraisal assignment is the four accounts owned by John J Flatiey.
These appeals are for the April 1, 2016 and April 1, 2017 tax year but should the defendant prevail,

current statutes allow the abatement to stand for any successive years, absent a good faith adjustment.
For this reason, the total exposure in taxes for the two years is approximately $600,000.

100-300 Innovative Way 1 Tara Blvd
98 Spit Brook Rd 10 Tara Bivd

This is a sole source request, the following vendor is best for the assignment.

Name Location Amount
Property Valuation Advisors Newburyport, MA $14,000 + $150 / hour for court

The recommendation of Property Valuation Advisors is based on the fact that Mr. Traub (principal) has
appraised these properties for the City of Nashua in the past and is familiar with all the properties and
entities that own them. In order for the city to realize most favorable pricing, these properties have been
combined into one appraisal assignment.

The attached fixed fee proposal dated 12/17/2017 contains scope of work, fees, and time-line. The award
this evening contains $14,000 for the appraisal assignment and an additional estimated $2,000 for
preparation and testimony at the Superior Court trial,

The Assessing Department requests approval to purchase appraisals in an amount not-to-exceed $16,000
with Property Valuation Advisors, Newburyport, MA.

Respecttully,

Jon Duhamel!
Chief Assessor

Cc: John Griffin

Page Image
Finance Committee - Agenda - 6/6/2018 - P110

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