Order a high-quality 18"x24" poster print of this page. Add to Cart

Harrisonburg Daily News Record Newspaper Archives May 14 1990, Page 1

Low-resolution version. To view a high quality image

Start Free Trial
Daily News Record (Newspaper) - May 14, 1990, Harrisonburg, Virginia In the Valley fatal accidents 13 Olin nominated 14 hot hitters 20 weather sunny 193 32 pages May 4332702 25 cents area properties often undervalued assessment Sale Price location of House Sale Price assessed value Dollar difference age by Jeff Mellott new record staff writer a random Survey of property sales in 1989 shows Sale prices of real estate in Harrisonburg and Rock Ingham county outpaced assessed property assessed values lag behind Sale prices an average of 38 percent in the City and about 56 percent in the according to the the differences Between Sale Price and assessed value Range from percent to percent in Harrisonburg and Between percent and percent in Rockingham by state localities must tax real estate at 100 percent of its fair Market these property Sale prices were taken from the 1989 multiple listing services comparable Book for Harrisonburg and Rockingham county and were compared with assessed values recorded in the 1988 and 1989 City and county land Harrisonburg commissioner of Revenue kale Barb was not surprised by the he said a Survey conducted by his staff of sales in 1988 and 1989 showed Sale values exceeding assessed values by an average of 35 to 40 he estimated that the inflation rate on real estate has averaged 8 percent a year since the last he said office records were probably a year accounting for a difference of five the random Survey found that a City Home valued at sold for or percent above the assessed the extreme Case found was a prop erty assessed at that sold for a percent the average 56 percent difference found in Rock Ingham county was worrisome to Rockingham county commissioner of Revenue David he said the latest county records indicated that property in Rockingham was being assessed at about 70 percent of Market the drop in assessed does not include the average 23 percent increase in property values in the county because of the recent the state requires a general reassessment of property values every four Barb said the City has finished about half of its in the a property in Massanutten Village was under assessed by the Home was assessed at but sold for the biggest difference was about 97 percent for a property in the House was assessed at but sold for a Board of equalization has begun hearing cases in Rockingham county from landowners questioning their reassessments the court appointed panel is the last Avenue of Appeal before circuit some people have blamed Berrys office for the Large increases in reassessed value and subsequent increase in taxes Berry said that was i agreed to assist the Guy they i agreed to assist him to save the county from hiring these five these Board of assessors which woul Dve Cost the what Ive estimated to be Between and at for these five Guys to come in every Day and pay them if you look at it that i guess the reassessment was a function of the commissioner of revenues office since i agreed to help them do Berry was sensitive to charges that the reassess ment was the cause for the tax the Rockingham county Board of supervisors had approved a 3 cents per hike on real estate taxes to 68 cents per the increase in real estate taxes and the increase in reassessed values caused a 28 percent increase in real estate taxes what if we didst have a Berry we would still need million from real estate to balance the without that a tax rate of 83 so i think its unfair to blame to the entire tax increase on the reassess Harrisonburg Harrisonburg Harrisonburg Harrisonburg Fulks run Cross keys Grottoes Mcgaheysville Dayton Mayland Gerding Keezletown Massanutten singers Glen Timberville Broadway source county records Manila officials see base closing Washington and philippine officials say the United states May have to relinquish at least one of its two huge military bases in the Philippines Over the next 10 years because of rising opposition to the installations in the former the officials made that assess ment As negotiators from the two countries prepare to meet on today in Manila to begin exploratory talks on the future of the Clark air base and Subic Bay naval in the two servicemen were shot and killed Sun Day while waiting for a taxicab near Clark air a philippine police official said the authorities suspected that communist rebels were in a state depart ment spokeswoman noted that the rebels had for years said they would target official americans As part of an Effort to persuade the United states to close its she said the talks on renewal of the agreement on the bases would go Forward on the current 25year agreement expires on while the defense department would prefer to keep the pen state department and White House officials say forces will leave if filipinos want them to we ought to be there Only As Long As were tary of state James Baker if they dont want we ought not to be under Secretary of defense Paul Wolfowitz we Hope to re Tain our military presence in the Philippines at least Over the mid but he added that the philippine government could require us to the emerging consensus among philippine officials seems to favor such the debate focuses on the duration of the shift to philippine with proposals ranging from 2 to 10 and the terms under which see 2 new record by men Lytten the cannons Roar proves too much for one visitor at Battle of new Market attendance dips sharply at Battle commemoration by Lucinda Sinclair new record staff writer new Market rather than a re enactment of the Battle of new this year there was a new the aftermath of and about at compared with last years we anticipated a but this is bet said de director of new Market Battlefield historical based on the Success of this years Well probably do a living history event similar to this next members of the new Market Volunteer Rescue squad were disappointed Over the last year there was a said Joe the squads assistant vice presi this is the squads biggest one time fundraiser of the Well just have to do More throughout the year to make up for the Many of the Reen actors did not seem disappointed about the new theme or lowered this Way theres a lot More Handson stuff with the the Public want re ally being educated said Floyd Bayne of who served As the Confederate Provost there Are some disappointed Reen actors and but this is a More realistic por compared to a Battle theres not As much said Lind sey Gray of but you would expect that the Day after a the change of Pace gave visitors a realistic look at what the Complete Cycle might have people tend to Overlook the aftermath of a Battle the things that have to be done and that whole humanitarian said Ann Miller of visitors could learn about operations of the Provost quartermaster and signal Reen actors showed Small groups of people How the rifles were loaded and emphasis was placed on car ing for the a civilian sees to troops out Side the Bushong divestment Call Doest affect Emu Wilder edict targets South Africa holdings staff and a Douglas Wilders order that state agencies sell All economic interests in companies with ties to South Africa will have no effect on James Madison it Doest affect us at said Fred University the Money we have in vested is for things like scholarships and is in Mutual Treasury different types of Wilder announced his plan for divestment Satur Day during his commencement address at Norfolk state the edict will most heavily affect the Virginia supplemental retirement which has million to million invested in companies operating in South and the University of has decreased its affected holdings from million to the finance committee of the schools Board of visitors will meet next week to decide whether to recommend elimination of the remaining the Emu a private entity that sup ports the has no holdings in South said this is certainly a trend in higher Hilton a lot of major schools in the country have divested Virginia is late joining the anti apartheid a study three years ago by the National con Ference of state Legislatures found that 19 states had statutory restrictions on South african eco nomic University of Virginia political scientist Larry Sabato called Wilders initiative an attempt to mollify his Liberal and Black which were becoming distressed with the Wilder and now Wilder May come under fire from moderates and people who warned during the Campaign that he is a capital l Liberal will aha the real Doug Wilder is starting to Sabato by not saying How fast the state agencies must Wilder May have blunted the biggest Poten tial criticism of his ordering immediate disposal of More than a half billion dollars in investments especially in the current sluggish Economy could have caused huge losses and provided a rallying Point for oppo observers Wilder spokeswoman Laura Dillard said the governor Hopes the process will be Complete when he leaves office in Urban West Virginia g rave desecration thousands of weeping israelis gather at a cemetery where tombstones were marked with slogans Callog on arabs to a Jinhe soaring insurance costs thousands of Virginia farm Bureau members May face sharply increased health insurance obituaries Edwin Jacob Heather 11 Ruth Pauline Florence Harriet i Clara Lewis 7 Thomas Mexico Raul Alcala celebrates his Victory in the 11day tour Page 20 area news business classified ads comics ji3 i j8 26 crossword editorials movies Skyline sports j1 j j9 9 20 states Eastern Panhandle emerges As possible Boom area a John Cushwa spent years pruning peach and Apple Trees in the rolling Hills near the Potomac these he is raising houses on 100 acres his family had Farmed since i cant say in Happy about doing Cushwa at one time i used to be against this Type of but i have to do it to i guess you can say were growing houses instead of along the Potomac and Shenandoah Rivers in West Virginias Eastern Farmland and Woodland is being snapped up at a Pace that has experts predicting a repeat of the Boom that swept through Northern Virginia a decade while the rest of West Virginia is among the nations poorest and most economically depressed its three county Eastern less than 80 Miles from is looking to some commuters As an attractive alternative to traffic choked Northern Virginia and Southern housing priced nearly half that of Maryland if you ask people in Washington How far away West Virginia they typically say two or three they dont realize that it Only takes 45 minutes to get to the Eastern Panhandle from Dulles Alex Vahabzadeh and Virginia is luring Federal retirees and Middle class workers employed at the grow ing number of companies moving to the after paying 21 percent interest on Loans to cover Orchard operating we just decided there had to be another said whose Duchess estates features Homes priced from to my father be too Happy if he was still he its Good for its Good for but it gets to you when you drive through and see All those houses instead of Apple struggling Orchard hit hard by a drought and killing frosts this Arent the Only ones cashing Batman headed by iranian born devel oper Bahman Batmanghelid of has purchased or plans to buy acres near Charles town in Jefferson West Virginias Eastern Batman Helides company is one of the largest developers in the Virginia corridor Between Washington and Dulles our development will include a residential shopping area and provide employment As Well As said Batman vice president Alex we want to create an atmosphere where you can work and shop with recreation like Golf and horse

Search all Harrisonburg, Virginia newspaper archives

All newspaper archives for May 14, 1990

Order a high-quality 18"x24" poster print of the page above.