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2007_0820_Packet
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2007_0820_Packet
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Roseville City Council
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Council Agenda/Packets
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J.F. Ryan Associates, Inc. <br />Appraisal & ConsultingServices <br />September 16,2005 <br />Philip Puccia, Executive Director <br />SFCB, Room 300 <br />436 Dwight Street <br />Springfield, MA 01103 <br />Dear Mr. Puccia: <br />Enclosed is our report that sets forth a plan of action for the City of Springfield to <br />investigate and ultimately implement a successful PICOT program. <br />As we detail in the report, the establishmentof a PILOT program for the City of <br />Springfield is an effective solution to obtain financial supportfrom nonprofit institutions <br />which are exempt from property taxes by Massachusetts law. <br />There are a number of factors to weigh in structuring a successful PILOT program and a <br />z�uTxa.be�• of differenttypes of programs to consider. This Project Plan will first review the <br />overall types of programs, the factors to consider in the establishmentof a PILOT <br />Program, and then set forth the steps to Implementation. <br />We appreciate the support and assistance provided by your staff as w�l� as the City of <br />Spxzngfield Assessor and his staff. <br />We are committed to assisting the SFCB and the City in the development and successful <br />implementation of this program and we loolc forward to providing any support necessary <br />to support your efforts. <br />Very truly yours, <br />John F. Ryan, CAE <br />��ad Consultant <br />SFCB Property Tax Policy Project <br />143 Merrimac Street � Newburyport � Massachusetts o 01950-2429 <br />Telephone 978-462-0036 Fax 978-463-0011 <br />
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