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Recap 07/31/2003 VABVALUE ADJUSTMENT BOARD ORGANIZATIONAL MEETING AGENDA JULY 31, 2003 Roll Call a. Appointment of Chairman and Vice-Chairman Commissioner Fiala elected as Chairman and Commissioner Coletta elected as Vice-Chairman - 5/0 Appointment of Special Masters a. Selection Process and Number Of Special Masters Marianne Kantor selected as the primary Attorney Special Master and Mark A. Horowitz selected as the alternate Attorney Special Master - 5/0 Gerald Lagace selected as Tangible Appraisal Special Master and Stephen Cunningham selected as Commercial and backup for Tangible Appraisal Special Master and H. Neal Scott selected as Residential Appraisal Special Master - 5/0 Mark Pelletier to be used as replacement if one of the above turn down a contract - 5/0 b. Compensation/Contracting Contracts to be issued at $100.00 an hour me Evidence Exchange -Approved 5/0 a. Description of process - Approved 5/0 b. Determination of compliance - Approved - 5/0 c. Rescheduling - Approved 5/0 d. Notice of Hearing to include Special Notice - Approved 5/0 Rules of Procedure -Approved 5/0 a. Final Decision of VAB (adoption or de novo VAB to rely on decision of Special Masters Recommendations - 3/2 (Commissioners Coletta and Fiala opposed) Page 1 July 31, 2003 b. Availability of rules - To be placed on Clerk's web site and available in Clerk's office - 5/0 o Adoption of Resolution for Filing Fee Resolution 2003-01 VAB - Adopted 5/0 Miscellaneous matters a. Adoption of forms - Approved 5/0 b. Scheduling of hearings - Special Masters to meet October 7, 8, and 9 and possibly September 29, 30 and October 1 and 6, 2003. VAB to hear recommendations of Special Masters on October 13, 2003. c. Clerk's duties Page 2 July 31, 2003