Petitions
(01:21:14)
Petitions
IX. PETITIONS
+ 107-26. Liz Murphy, Executive Director of Community Development & Planning, to request approval of a TIE agreement formally approve Mayor Squailia's proposed TaxIncrement Exemption (TIE) agreement for 64 Main Street, pursuant to the City of Fitchburg's Housing Development Incentive Program (HDIP) market-rate housing district. (City Property)
+ 108-26. Liz Murphy, Executive Director of Community Development & Planning, to request approval of a TIE agreement formally approve Mayor Squailia's proposed TaxIncrement Exemption (TIE) agreement for 280-288 Main Street, pursuant to the City of Fitchburg's Housing Development Incentive Program (HDIP) market-rate housing district. (City Property)
+ 109-26. Christopher J. Paquette, Chief Assessor, requesting adoption of M.G.L. Chapter 59, Section 5, Clause 54, which authorizes the City to establish an exemption threshold for taxable personal property valued at less than $2,000. Adoption of this clause is intended to reduce the administrative costs associated with the assessment and processing of low-value personal property accounts.
++ M.G.L. Chapter 59, Section 5, Clause 54: Personal property, if less than an amount established by the city or town, but not in excess of $10,000 of value. This clause shall take effect upon its acceptance by a city or town, which shall establish a minimum value of personal property subject to taxation and may modify the minimum value by vote of its legislative body. (Legislative Affairs)