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Select Board moves to identify surplus, tax-deeded properties for public auction
Summary
At its March 24 meeting the Candia Select Board discussed a plan to map and sell surplus town-owned property acquired by tax deed, instructing staff to meet with a private auction firm and to consult the Conservation Commission before listing lots for sale.
Candia Select Board members on March 24 discussed a plan to identify and sell town-owned parcels acquired by tax deed and directed staff to interview a private auction firm to begin the process.
The board reviewed a memo and attached schedules showing the town’s assessed holdings. The memo said the town’s 2024 report lists roughly $15,000,000 in real and personal property; about $3,000,000 of that is personal property used for municipal purposes, and a little more than $8,000,000 is real estate the town currently uses. The presenter said that, after excluding those in-use assets, roughly $3,768,000 in assessed value appears to be surplus, and that those properties generate about $48,000 a year in property tax revenue that the town is not collecting.
The presenter asked the board to confirm an intention to move forward with public auction sales of a subset of properties listed on “Schedule 2,” and to authorize meetings with a company…
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