Real Estate Assessment Committee

About The Committee

Appointed by and reports to:  Board of Selectmen

Membership:

-- 3 local residents with professional real estate-related experience (i.e. real estate agent, real estate attorney, appraiser, surveyor)

-- 2 local residents

Other staff assistance:

Director of Planning

Term ends: Indefinite

Board will evaluate the Committee at that time and determine a term going forward

Charge: 

This committee will:

Review various real estate matters referred to it by the Board of Selectmen, including but not limited to:

-- the taking by eminent domain of any real estate (excluding routine easements for Town projects such as bike paths, roads)

-- the review of any “Yard Sale” transactions, including the setting of minimum bids, the appraisal value(s), and any sales of Town property to private parties

-- the review of real dispositions proposed for, or submitted for, town meeting consideration (including Town and citizen-sponsored warrant articles) as requested by the Board

-- a review of how the Town issues Request for Proposals (RFPs) for property dispositions, as related to pricing.

The committee’s review will result in a written evaluation to the Board, which includes “pros and cons” of the transaction.

The Real Estate Assessment Committee is a public body and Open Meeting and Conflict of Interest Laws apply.