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The Board unanimously approved hiring LandVest for Phase 1 of an appraisal of the large housing project at 255 Princeton Street, at a cost of $8,750. The work will estimate the property’s market value for fiscal years 2025 and 2026.
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The appraisal is intended to help establish an accurate assessed value for the 255 Princeton Street project and improve the town’s property-value records. The Board also approved February motor vehicle excise abatements totaling $8,461.81, along with fiscal year 2026 real property abatements of $30,875.17, real property exemptions of $14,441.75, and personal property abatements of $4,275.53. Members then moved into executive session to discuss confidential abatement, hardship exemption, and pending litigation matters.
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