JAY — The Board of Assessment Review on Thursday set public hearings on Verso Androscoggin LLC’s appeal of the 2013 tax abatement for March 30 and April 1. The hearings will take place from 5 to 10 p.m. at the Town Office. On Jan. 6, selectpersons agreed to lower the April 1, 2013, valuation of […]
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Posted inBusiness, sj-web
Union wants court to challenge Bucksport mill sale
BUCKSPORT — The union representing 58 workers at the Bucksport paper mill Verso closed in December 2014 has asked a federal judge to require resale of the mill to a paper maker or make stricter its settlement that allowed Verso to buy its larger competitor, NewPage. The International Association of Machinists and Aerospace Workers on […]
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Former Verso equipment to go on auction March 24
BUCKSPORT — An auction has been set for March 24 for equipment at the former Verso Paper mill. An auction firm called Biditup, which bills itself as “an industrial assets company,” has posted information about the auction at its website, www.biditup.com. Items that will be available include “paper making equipment, machine shop & roll making, […]
Posted inFranklin
Jay board to review procedures in Verso tax abatement appeal
JAY — Members of the Board of Assessment Review will meet with their attorney Wednesday, March 11, to review procedures in relation to Verso’s appeal of a tax abatement. The board is reviewing Verso Androscoggin LLC’s appeal application of the $829,258, 2013 tax abatement on its mill and associated properties that selectpersons granted Jan. 6. At […]
Posted inFranklin
Jay wants reduced valuation factored into state funding formulas
JAY — Selectpersons supported legislation Monday to modify state revenue sharing and school funding to protect the town from losses resulting from the reduced value of the Androscoggin Paper Mill. The town wants its reduced valuation for 2015 to be calculated into the state’s funding formulas for this year. Selectpersons reduced Verso Androscoggin LLC’s mill […]
Posted inBusiness, Franklin
Verso files second tax abatement request on paper mill property in two years in Jay
JAY — Verso Androscoggin is requesting the town issue a tax abatement for the April 1, 2014, tax year for a reduction of at least $193.78 million in valuation. Verso’s abatement application states the mill and properties should be valued no higher than $400 million. It is the second year in a row that the […]
Posted inFranklin
Jay board to get training from chairman of Oxford County review panel
JAY — The chairman of the Oxford County Board of Assessment Review will conduct a training workshop for the Jay Board of Assessment Review on Thursday to help them understand their roles and responsibilities. The Jay board will meet at 5:30 p.m. Feb. 19 at the Town Office. The board is reviewing Verso Androscoggin LLC’s […]
Posted inFranklin
Jay board accepts Verso’s appeal application for processing
JAY — The town’s Board of Assessment Review found Friday that Verso Androscoggin LLC’s appeal application of the 2013 tax abatement was acceptable for processing, Town Manager Shiloh LaFreniere said. Verso has appealed the $829,258 tax abatement selectpersons granted on Jan. 6. At the time, the board agreed to lower the April 1, 2013, valuation […]
Posted inFranklin
Jay board to determine if Verso’s appeal application is acceptable for processing
JAY — The town’s Board of Assessment Review will meet at 3 p.m. Friday, Jan. 30, at the Town Office to determine whether Verso Androscoggin’s appeal application for a 2013 tax abatement is acceptable for processing. Verso has appealed the abatement of $829,258. Selectpersons voted Jan. 6 to reduce the valuation for that year from […]
Posted inFranklin
Jay panel votes to pursue lease for French Falls land
JAY — Selectpersons voted Monday to pursue a property lease with the Androscoggin Land Trust for about 10 acres of land at French Falls Recreation Area, and to see what the lease looks like after it is drawn up. There would be no cost to the town to enter into a lifetime lease for the […]