Blog :: 10-2019

Burlington CityPlace | Redesigned Proposal

UPDATE: In a presentation delivered to the Burlington City Council at their meeting this past Monday, the developers behind the Downtown Burlington CityPlace project unveiled their latest redesign concept. The redesigned proposal keeps intact the original concept of mixed-use space but reduces the number of stories on each of the two towers from fourteen to ten. The updated concept would also make use of the current remnants of the Burlington Town Center Mall in addition to the building that used to contain Macy's.   

Even with the reduced height, the tower on the Cherry Street side is still expected to contain 280 to 300 apartments, with 20% of the units qualifying as “affordable” as per Burlington’s inclusionary zoning ordinance.  At the other end, a 175-room hotel will occupy the Bank Street side of the property with retail space filling the first floor of each building. Additionally, the new plans also call for an "adequate" number of parking spaces be located both in between and below the two tower structures (Seven Days, CityPlace Burlington Developers Unveil Scaled-Down Proposal, 2019).

Image Courtesy of the City of Burlington

 

Mayor Miro Weinberger addressed the new plan at the Burlington City Council meeting on Monday saying, “What you've laid out tonight represents the potential of achieving all the major goals the city laid out as we sat down to this process years ago,” listing housing and jobs among the benefits. “This represents a step in the right direction toward fixing a part of the downtown that has long been problematic, but we certainly [have] a long way to go” (City of Burlington, Press Releases, 2019).

For more information on this topic or other stories that impact Burlington, the surrounding communities and its residents; give us a call at [802] 846-8800 or email us at info@LipkinAudette.com.

 

 

City of Burlington Reappraisal Project

City of Burlington Reappraisal Project – Aimed Completion by April 1st, 2021

The City of Burlington is conducting a reassessment of all properties citywide. According to the City of Burlington, “Burlington property values are no longer meeting equitable valuation standards set by the Vermont department of Tax and the International Association of Assessing Officers organization (IAAO). The Assessor’s Office has teamed up with Tyler Technologies Inc. to complete the reappraisal process. The goal of the project is to “reset property valuations to current fair market levels to comply with Vermont property tax laws, which will equitably reset the tax burden (City of Burlington, VT, 2019).” 

According to the City, the timeline for the reappraisal project is as follows:

Residential Property Owners have likely already received letters from the Assessor’s Office and the Tyler Technologies Inc. reappraisal team. The letters are to inform property owners of the reappraisal project, as well as allow for correction of property data, if need be. According to the City of Burlington, “on-site property data collection will be conducted by Tyler Technologies appraisers. These appraisers will also use other property data resources such as: high resolution imaging, property data obtained online, permit history review; geospatial tools to analyze valuation, on-site building changes and land sizes (City of Burlington, VT, 2019).”

Accordingly, Commercial Property Owners should have received an Income and Expense form to be filled out and returned to the Burlington Assessor’s Office. According to the City of Burlington, “Income and Expense information is important for the determination of the property value (City of Burlington, VT, 2019).” The purpose of this sheet is to gather information regarding rental and leasing information, and not the income and expenses of a business.

It is important to note that each Tyler Technologies employee has undergone a background check and is required to display their city identification. For an example of municipal tax rate change, please see the photo below. For a list and explanation for revaluation data terms, please click here. To fix discrepancies in collected data on a property, choose one of the following options:

  1. Use the online link at www.burlingtonvt.gov/assessor/residential to fill out a blank form on the City of Burlington website.
  2. Make corrections on the mailed form, and email to residentialassessor@burlingtonvt.gov.
  3. Make corrections on the mailed form, and return the form by mail to:

City of Burlington

Office of the Assessor

149 Church Street, Room 17

Burlington, VT 05401

*** For more information or questions on how the reassessment may alter your property value, give us a call at [802] 846-9575 or email Team@LipkinAudette.com

 

 

Filing Annual EMP Compliance Has Gone Paperless

According to the Vermont Department of Health, the accepted way of filing for the yearly EMP Compliance has changed and can now only be filed online.

Essential Maintenance Practices, otherwise known as EMP, is enforced by the Vermont Department of Health, and states that “all owners and managers must complete Essential Maintenance Practices in rental housing built prior to 1978 to reduce the risk of lead poisoning in resident children (Vermont Housing Financing Agency, 2019).” An annual submission of EMP Compliance is required by Vermont law of rental owners and managers and childcare providers.

 

The shift of EMP Compliance to paperless statements is effective immediately.