2. GENERAL SERVICES TO BE PERFORMED BY SANSOUCY
2.1 Scope of Work:
We propose a six-year agreement, which includes five (5) updates for new additions
and deletions for the years of 2019, 2020, 2021, 2022 and 2024 and one (1)
revaluation for April 1, 2023 of the properties listed below, for ad valorem tax
assessment purposes in the City of Nashua.
The utility and rights-of-way to be valued are listed below:
Liberty Utilities (Energy North Natural Gas) Corp.
Pennichuck Water Works, Inc.
Public Service Company of New Hampshire d/b/a Eversource Energy
Comcast Corporation (Public Rights-of-Way only)
Consolidated Communications — Poles and Conduit
Electric and/or Gas Transmission and Distribution Easements/Rights-of-Way
Use of Public Rights-of-Way
The annual valuations and the 2023 cyclical state-required revaluation will be
developed considering all three traditional approaches to value (cost, sales
comparison, and income approaches). Land and land rights valuations, including
easements and use of public nghts-of-way, for the 2023 revaluation will be
developed based, in part, on the 2023 City-wide mass appraisal land value schedules
prepared by the City’s revaluation contractor, which will be provided to Sansoucy by
the City. The City will also provide Sansoucy with the 2023 revaluation CAMA
system values for any parcels owned in fee by the above listed owners in the City.
Land and land rights valuations, including easements and use of public rights-of-way
for the 2019, 2020, 2021, 2022, and 2024 valuation updates, will be developed based,
in part, on the most recent City-wide mass appraisal land value schedules prepared by
the City’s revaluation contractor, which will be provided to Sansoucy by the City.
The City will also provide Sansoucy with the current CAMA system values for any
parcels owned in fee by the above listed owners in the City.
Sansoucy wili provide a USPAP-compiiant annuai vaiuation summary sheet and
transmittal letter, in update years (2019-2022, and 2024), that includes improvement
values, any estimated economic depreciation, equalized improvement values,
land/site values, use of public rights-of-way values, and the total overall
recommended assessment, including equalization. Work papers for all years will be
retained in our files.
City of Nashua, New Hampshire Page 2 of 8
George E. Sansoucy, P.E., LLC
Prepared 6-3-2019
