--- In [EMAIL PROTECTED], [EMAIL PROTECTED] wrote: > I have the ordinance. I've scanned it and am trying to figure out how to get > Adobe to make it into a pdf that I can post on the site. Any advice? > > In a message dated 12/3/2004 10:53:56 PM Eastern Standard Time, > [EMAIL PROTECTED] writes: > > > There are 6 messages in this issue. > > Topics in this digest: > > 1. etc > From: "dfsavgny" <[EMAIL PROTECTED]> > 2. RE: etc > From: "Tyler, Mark" <[EMAIL PROTECTED]> > 3. Re: Digest Number 1071 > From: [EMAIL PROTECTED] > 4. Re: [AsburyParkGLH] Where your tax dollar goes? > From: [EMAIL PROTECTED] > 5. Re: Re:Parking lot Joke Price > From: [EMAIL PROTECTED] > 6. Re: Spending your tax dollars? > From: [EMAIL PROTECTED] > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 1 > Date: Fri, 03 Dec 2004 16:11:20 -0000 > From: "dfsavgny" <[EMAIL PROTECTED]> > Subject: etc > > > Mark, thanks for clearing up your two identities. But I am still > unclear about this and other sales to APartners. I assume they part > of the agreement? Does the agreement say that it is based on the > market value when the transaction is done or was the price set > before? > > As to someone's comment about condemned owners getting market value, > well, that's the struggle and what I do. It also got me thinking > about how I would handle it. The appraisal of the beachfront several > years ago would have been a problem when there was no action and > everything was unsure. However, I think one needs to think outside > the box, which was a lot of appraisers (if they even had one) do not > do. While we're all supposed to be unbiased, one can always find one > to reach the client's perspective. That is not all bad because there > is a range and working in litigation I always tell my clients that > it is my job to tell them when I reach the end of the plank they try > to make me walk. An unsupportable appraisal is no good to anyone. I > imagine that valuing the land in AP several years ago would be like > my experience in Times Square during the first takings in 1990. The > area was blighted. But as I maintained there, and as I see in AP, > while the blight may have emanated originally from sources other > than potential condemnation, for many years the specific market were > not permitted to revive under normal thriving market forces because > of the potential condemnation that arose and hung like a sword over > the areas for many years. In fact, there are a great many parallels > in my view between Times Square and AP. It is my understanding that > the original plan many years ago also included some condemnation? At > least I understand that the waterfront was cleared and the rights > given to a developer who failed and ultimately the rights well held > up in court for over a decade. No prudent investor would try to make > a deal under these circumstances. People do not buy into > condemnation or litigation, except at extremely discounted prices. > Thus, if appraisals were done, the appraiser should have seen this > and lookd to other areas with similar attributes (beach, etc.) but > that were not adversely affected. To many this would seem a stretch > to go out of a community, but in AP's case, at least years ago, that > is what would need to be done to give a fair valuation. Hey make > some noise, I'll be the valuation expert for the group, I shoot > bigger birds than these everyday. > > > > > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 2 > Date: Fri, 3 Dec 2004 11:25:14 -0500 > From: "Tyler, Mark" <[EMAIL PROTECTED]> > Subject: RE: etc > > Dan: It's hard to follow. Some of the issues the present council had came > with the Carabetta agreement which was more or less purchased by APartners. > I don't think that has any bearing on the subsequent transfers, however. I > believe that among the many failings of the Council is the failure to give > us information to allow us to judge their performance. However, there can > be no excuse for not appraising the properties before the transfer. It is a > bargaining chip as values are rising. I have heard of no instance, not one, > where the Council has placed any demand or bargained for anything. It > borders on the absurd. > > -----Original Message----- > From: dfsavgny [mailto:[EMAIL PROTECTED] > Sent: Friday, December 03, 2004 11:11 AM > To: [EMAIL PROTECTED] > Subject: [AsburyPark] etc > > > > > Mark, thanks for clearing up your two identities. But I am still > unclear about this and other sales to APartners. I assume they part > of the agreement? Does the agreement say that it is based on the > market value when the transaction is done or was the price set > before? > > As to someone's comment about condemned owners getting market value, > well, that's the struggle and what I do. It also got me thinking > about how I would handle it. The appraisal of the beachfront several > years ago would have been a problem when there was no action and > everything was unsure. However, I think one needs to think outside > the box, which was a lot of appraisers (if they even had one) do not > do. While we're all supposed to be unbiased, one can always find one > to reach the client's perspective. That is not all bad because there > is a range and working in litigation I always tell my clients that > it is my job to tell them when I reach the end of the plank they try > to make me walk. An unsupportable appraisal is no good to anyone. I > imagine that valuing the land in AP several years ago would be like > my experience in Times Square during the first takings in 1990. The > area was blighted. But as I maintained there, and as I see in AP, > while the blight may have emanated originally from sources other > than potential condemnation, for many years the specific market were > not permitted to revive under normal thriving market forces because > of the potential condemnation that arose and hung like a sword over > the areas for many years. In fact, there are a great many parallels > in my view between Times Square and AP. It is my understanding that > the original plan many years ago also included some condemnation? At > least I understand that the waterfront was cleared and the rights > given to a developer who failed and ultimately the rights well held > up in court for over a decade. No prudent investor would try to make > a deal under these circumstances. People do not buy into > condemnation or litigation, except at extremely discounted prices. > Thus, if appraisals were done, the appraiser should have seen this > and lookd to other areas with similar attributes (beach, etc.) but > that were not adversely affected. To many this would seem a stretch > to go out of a community, but in AP's case, at least years ago, that > is what would need to be done to give a fair valuation. Hey make > some noise, I'll be the valuation expert for the group, I shoot > bigger birds than these everyday. > > > > > > > > > Yahoo! Groups Links > > > > > > > > > [This message contained attachments] > > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 3 > Date: Fri, 3 Dec 2004 16:35:46 EST > From: [EMAIL PROTECTED] > Subject: Re: Digest Number 1071 > > In a message dated 11/29/2004 8:03:37 PM Eastern Standard Time, > [EMAIL PROTECTED] writes: > Date: Mon, 29 Nov 2004 13:23:19 -0500 > From: Joe D'Andrea <[EMAIL PROTECTED]> > Subject: Re: Digest Number 1070 > > At 11:08 AM -0500 11/29/04, [EMAIL PROTECTED] wrote: > >Joe - > >Please feel free to tell these new shopowners to call into the show and tell > people who and where they are. > >Best, > >Maureen > > I don't have a show. > Very funny!! > > Speak up - It's America!! > Maureen Nevin > Restore Radio 88.1FM - 4 Years on the Radio!! > Asbury Park's Own Live Talk Show > 601 Bangs Avenue > Listen 8 - 10 PM Thursdays on 88.1FM or > Listen Live or Later on the Web http://www.restoreradio.com/ > Call the show 732-775-0821 > Call me 732-774-0779 fax 502-0463 > > > [This message contained attachments] > > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 4 > Date: Fri, 3 Dec 2004 17:27:01 EST > From: [EMAIL PROTECTED] > Subject: Re: [AsburyParkGLH] Where your tax dollar goes? > > > > > What you need to know when negotiating tax abatements. > > > tax rate > % > county tax .530 13.03% > county health tax .010 .25% > county open space tax .033 .81% > > sub- total .057 14.09% > > District school tax 1.253 30.79% > > Local municipal tax 2.243 55.12% > > Total 2004 General Tax Rate 4.069 100.00% > (per hundred of assessment) > > Tax assessor office City Of Asbury Park July 29,2004 > > > > Would you offer 50% tax abatement? Ocean front? Would you copy the City of > Long Branch Plan? Did Asbury Park change city tax lawyers recently? Was this > lawyer sick or replaced? > > Something that offers taxpayers relief? Once condos reach a certain price, > tax abatements are capped. > > Hint > > Local municipal tax 2.243 55.12% > > At 50% what happens to the other 5.12% Somebody please explain > > Is the developer is asking for adjustments for proprieties where the > buildings where torn down? Come to the council meetings. Ask questions? > > Will the Hotel Gardner (total assessment value $431,800) be torn down? Do > you want to pay for this $17,531.00 tax ratable lost. > > Do you know if Asbury Park will be fiscally solvent in 2005? Will a revalue > kick in? Taxes up? > > Come to the council meetings. Ask questions? > > > > > > [This message contained attachments] > > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 5 > Date: Fri, 03 Dec 2004 17:29:44 -0500 > From: [EMAIL PROTECTED] > Subject: Re: Re:Parking lot Joke Price > > greetings,(strip mall) > can u please email details, I live in northern part of state and i am > interested in getting involved in ap. I just passed my real esate exam. Thanks lots > H > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > Message: 6 > Date: Fri, 3 Dec 2004 17:33:33 EST > From: [EMAIL PROTECTED] > Subject: Re: Spending your tax dollars? > > > > What you need to know when negotiating tax abatements. > > > tax rate > % > county tax .530 13.03% > county health tax .010 .25% > county open space tax .033 .81% > > sub- total .057 14.09% > > District school tax 1.253 30.79% > > Local municipal tax 2.243 55.12% > > Total 2004 General Tax Rate 4.069 100.00% > (per hundred of assessment) > > Tax assessor office City Of Asbury Park July 29,2004 > > > > Would you offer 50% tax abatement? Ocean front? Would you copy the City of > Long Branch Plan? Did Asbury Park change city tax lawyers recently? Was this > lawyer sick or replaced? > > Something that offers taxpayers relief? Once condos reach a certain price, > tax abatements are capped. > > Hint > > Local municipal tax 2.243 55.12% > > At 50% what happens to the other 5.12% Somebody please explain > > Is the developer is asking for adjustments for proprieties where the > buildings where torn down? Come to the council meetings. Ask questions? > > Will the Hotel Gardner (total assessment value $431,800) be torn down? Do > you want to pay for this $17,531.00 tax ratable lost. > > Do you know if Asbury Park will be fiscally solvent in 2005? Will a revalue > kick in? Taxes up? > > Come to the council meetings. Ask questions? > > > > > [This message contained attachments] > > > > _____________________________________________________________________ ___ > _____________________________________________________________________ ___ > > > > ------------------------------------------------------------------- ----- > Yahoo! Groups Links > > > > > ------------------------------------------------------------------- ----- > > Speak up - It's America!! > Maureen Nevin > Restore Radio 88.1FM - 4 Years on the Radio!! > Asbury Park's Own Live Talk Show > 601 Bangs Avenue > Listen 8 - 10 PM Thursdays on 88.1FM or > Listen Live or Later on the Web http://www.restoreradio.com/ > Call the show 732-775-0821 > Call me 732-774-0779 fax 502-0463
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