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30 <br /> 1 Commissioner Greene said it seems like the data collector would almost always want to <br /> 2 look at the property. <br /> 3 Nancy Freeman said it depends on the review because part of what they'll be looking at <br /> 4 is the sales information for that neighborhood. She explained that if they aren't satisfied with what <br /> 5 they see in the sales data, they would start looking at individual properties and that's when we <br /> 6 might see that there will be properties that might have a change in value. <br /> 7 Commissioner Portie-Ascott asked how the appraisal company was chosen. <br /> 8 Nancy Freeman explained they contacted four companies, heard from three, and selected <br /> 9 one with experience in Durham and Chatham Counties that was immediately available and <br /> 10 familiar with the area. She elaborated that one of the companies had been utilized in Orange <br /> 11 County previously, which added a level of familiarity and trust in their capabilities. The other two <br /> 12 companies that responded, while reputable, did not have the same level of proximity or current <br /> 13 knowledge of the local real estate market. She said one of the firms had most of its experience <br /> 14 rooted in the western part of the state, which was a significant factor in opting for a company with <br /> 15 more regional experience. Nancy Freeman highlighted that proximity was an essential criterion <br /> 16 for the selection to ensure the appraiser would not need additional time to acclimate to the local <br /> 17 market dynamics and logistics, making the process more efficient. The selected company <br /> 18 displayed an eagerness to begin the project, emphasizing their immediate availability and <br /> 19 capacity to deploy necessary resources promptly. She said this readiness was evidenced by their <br /> 20 follow-up communications, in which they repeatedly reached out, showing anticipation to start as <br /> 21 soon as contracts were finalized. <br /> 22 <br /> 23 Slide #14 <br /> Tax Assessment Work Group <br /> Charge <br /> - To evaluate the policies,processes,and procedures used by the Orange County Tax Office to assess property <br /> values. <br /> - The Work Group will provide feedback and input to a consultant retained by the County to make recommendations <br /> on changes and enhancements to the tax assessment process that will improve and ensure the accuracy and <br /> fairness of property assessments. <br /> Role <br /> - Provide feedback to the consultant at milestone stages of the project:data gathering,data analysis,alternatives <br /> analysis,recommendation development,and the finalization of recommendations <br /> - Review the scope of services for consulting services? <br /> - Participate in vendor selection? <br /> - Others? <br /> ORANGE COUNTY <br /> 14 NOR-FI-I CAROLINA <br /> 24 <br /> 25 <br /> 26 <br />