Maureen

I've gone over the old messages here about the tax abatement and 
your comments about the meeting (great questions). Being new to the 
area, I am a little confused. It is my understanding that AP doesn't 
assess at 100% of market value, but uses what I call a lower 
equalization rate. The Monmouth County Assessment website indicates 
that each municipality has it own average rate (equalization rate), 
and that if you can PROVE your's deviates by more than 15% a 
reduction may be warranted. With this being said, is it proposed 
that the new condos will be assessed at 100% market value or a lower 
rate, which would make the abatement even worse? I assume that the 
infrastructure fees APartners are trying to recoup are moneys that 
have yet to be spent (I don't see them)? Soes the City have a lien 
on these fees from the sale to the developers or from the sales?BTW, 
I saw some work going on (again) at the C-8 site on Sunday and I 
heard that a sale of that site was imminent, anybody hear anything?

--- In [EMAIL PROTECTED], [EMAIL PROTECTED] wrote:
> Click here: Homeowners 
> 
> I've posted an editorial comment on last night's tax meeting, 
sponsored by 
> the AP Homeowners' Assoc., on my site. I would add that Reidy did 
do a good job 
> of explaining the added assessment process. I'd like to know what 
other 
> homeowners thought of the session.
> Maureen
> 
> Speak up - It's America!!
> Maureen Nevin
> Restore Radio 88.1FM - 4 Years on the Radio!!
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> Call the show 732-775-0821
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