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  2. Finance Committee - Agenda - 3/21/2018 - P82

Finance Committee - Agenda - 3/21/2018 - P82

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
82
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__032120…

other public place to be determined by the City.
3.6.2. Company shall conduct informal hearings. The informal hearing process shall
include:
3.6.2.1 The Municipality shall mail, first class, to all property owners, the
notification of the newly established value of their property by
sending to the property owner a letter to the owner stating the
newly established value of their property and whether Municipality
has either:

(1) Published a list of all property owners containing the newly
established valuations for all properties within Municipality in
an identified newspaper of general circulation for the entire
Municipality; or,

(2) Posted in two (2) identified public places within Municipality a
list of all property owners and the newly established values of
the entire Municipality.

3.6.2.2 The notification of newly established values shall contain the details
of the informal review process, instructions on scheduling an
informal review; and the time frame in which informal reviews shall
be scheduled.

3.6.2.3 The notification of newly established values shall contain instructions
in regard to the appeal process for abatements pursuant to RSA
76:16, RSA 76:16-a and RSA 76:17.

3.6.2.4 After mailing or posting of the notification of newly established
values, Company shall ensure that an informal review of the newly
established property values is provided to all property owners who
may, within the time prescribed by the contract, request such a
review.

3.6.2.5 Notwithstanding Section 2.6 of this contract (Confidentiality),
Company shall make available to all property owners the property
record card and market analysis related to their newly established
property value(s).

3.6.2.6 The Municipality shall notify, by first class mail, all property owners
addressed during the informal reviews and indicate whether or not a
change in value resulted and the amount thereof.

3.6.2.7 All documentation utilized or obtained during the informal review
process shall be relinquished to the municipal assessing officials.

3.7 Appraisal Reporting and Appraisal Manuals
3.7.1 Company shall provide a USPAP compliant appraisal report pursuant to RSA
21-J:14-b,1,(c): The report shall comply with the most recent edition of the

15 City of Nashua, NH
Full Statistical Revaluation Contract

Page Image
Finance Committee - Agenda - 3/21/2018 - P82

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