HomeMy WebLinkAbout2009-02-23 09-097 ORDERCOUNCIL ACTION
Item No, 09 097
Date: 2-23-09
Item/Subject: Order, Authorizing Hiring Outside Appraiser Regarding Matters
Concerning the Tax Abatement Request of Bangor Gas Company, LLC
Responsible Department: Assessing
Commentary:
Bangor Gas Company, LLC has requested an abatement of its FY09 assessment. The
City assessed the property of Bangor Gas at $7,860,700 resulting in a tax of
$147,746.33. Bangor Gas is seeking a $7,583,350 reduction in the value of its property
which would reduce its tax liability to $5,283.52. Bangor Gas has filed for similar
reductions in its values in the other communities that it services in this region.
Using the services of an appraiser who has expertise in valuing public utilities would aid
the City in its defense of its assessment. This Order will authorize the City Manager to
obtain the services of Steve Traub of Property Valuation Advisors to assist the City in
this matter.
Manager's Comments:
Recommend approval.
Associated Information:
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Department Head
_%.w fA� \ •--City Manages
Page _ of _
Finance Director
Solicitor
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Assigned to Councilor Nealley February 23, 2009
CITY OF BANGOR
(TITLE.) Order, Authorizing Hiring Outside Appraiser Regarding Matters Concerning
the Tax Abatement Request of Bangor Gas Company, LLC
By the City Council of the City of Bangor,
ORDERED, THAT the City Manager is hereby authorized on behalf of the City of Bangor
to enter into an agreement to retain the services of Steve Traub of Property Valuation
Advisors to represent the City of Bangor on matters concerning the request for a tax
abatement filed by Bangor Gas Company, LLC. The agreement shall be in a form as
approved by the City Solicitor or Assistant City Solicitor.
IN CITY COUNCIL
February 23, 2009
Notion Made and Seconded
for Passage
Pa ed
CITY CLERK
O R D E R
(TITLE,) Authorizing Hiring Outside
Appraiser Regarding Matters Concerning
the Tax abatement Reauest of Bangor Gas
Company , LLC
Assigned to Councilor