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  2. Finance Committee - Agenda - 3/21/2018 - P73

Finance Committee - Agenda - 3/21/2018 - P73

By dnadmin on Mon, 11/07/2022 - 11:46
Document Date
Wed, 03/21/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 03/21/2018 - 00:00
Page Number
73
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__032120…

(f) Supervise informal reviews of property assessments with the property owner;

(g) Oversee any revaluation by assisting the municipality to ensure the revaluation is performed in
accordance with state laws and ruies;

(h) Assist the municipality to ensure that compliance with the contract is adhered to; and,

(i) Submit a signed and dated statement to the DRA attesting to the qualifications at all levels of
certification to be true, accurate and correct.

2. RESPONSIBILITIES AND SERVICES TO BE PERFORMED BY COMPANY

2.1 Contract Submission
The contract, any revised contract, and the list of personnel assigned to work under
the contract, shall be submitted to the DRA for examination and written
recommendations of the DRA to be made to Municipality within 10 working days of
receipt by the department. No work shall begin without first submitting a copy of
the executed contract or agreement to the commissioner along with the names and
qualifications of all personnel to be employed under the contract or agreement

2.2 Assessment of all property
2.2.1 Company shall appraise all taxable property (RSA 72:6) within Municipality in
a good and workmanlike manner in accordance with RSA 75:1.

2.2.2 Company shall appraise all tax exempt and non-taxable property (RSA 74:2)
within the taxing jurisdiction of Municipality in the same manner as taxable
property.

2.2.3 Company shall measure, list and verify all sales used to determine
benchmarks for the revaluation.

2.2.4 Company shall utilize Municipality’s AssessPro CAMA System to assess
properties.

2.3 Completion of Work
2.3.1 Company shall complete all work and deliver the same in final form to the
Municipal assessing officials on or before October 1, 2018.

2.3.2 Liquidated damages of Two Hundred Dollars ($200.00) per day shall be paid
by Company for each day required beyond the above stated completion date
for delays caused by Company.

2.3.3. Company shall provide Municipality a list of all products to be delivered and
dates of delivery thereof. The products include:
(1) Property record cards in hard copy; electronic or both formats;
(2) The USPAP Compliant Appraisal Report;
(3) The Data Collection Manual;
(4) The CAMA System Manual; and,
(5) Any other products as deemed necessary by the municipal assessing

6 City of Nashua, NH
Full Statistical Revaluation Contract

Page Image
Finance Committee - Agenda - 3/21/2018 - P73

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