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Munival of Fairfield Set to Start Old Lyme’s State-Mandated Property Revaluation

February 20, 2024 by Admin

OLD LYME—The Town of Old Lyme is about to commence the state-mandated revaluation project of 2024 with the assistance of Municipal Valuations Services, LLC (Munival) of Fairfield, Conn. (the revaluation company hired to assist the Town with the revaluation).

This revaluation process will take place from February 2024 through Oct. 31, 2024.

As part of this process, Municipal Valuation Services will have data collection personnel assigned throughout the Town of Old Lyme taking exterior photos, inspecting, and measuring the exterior and interior of both residential and commercial properties. This means residents and property owners will see company representatives knocking on taxpayer’s doors asking questions.

Munival will additionally be mailing each property owner a data verification letter. This letter contains information specific to an owner’s property.

In a press release issued Feb. 15, by the Town of Old Lyme Assessor’s Office, Assessor Melinda R. Kronfeld, CCMA asks property owners, “… to review the information listed on the form, make any corrections directly to the form and return this form back to Munival for review.”

She adds, “You may return the form either by mail, email, fax or drop off at the assessor’s office (address information will be listed directly on your letter). A drop box will be out front of the assessor’s office.” 

Kronfeld stresses, “All Munival employees will have a Town badge and a company (Munival) badge on their person, along with a signed letter of introduction. They will also have magnets on their vehicles and the company logo on their attire.”

She concludes in the press release by saying, “Thank you and we look forward to your cooperation during this time,” adding that property owners should call Municipal Valuation Services at (203)-292-5500 for any additional information or questions. 

Editor’s Note: This article was written based on a press release issued Feb. 15, 2024 by the Town of Old Lyme Assessor’s Office.

Filed Under: Old Lyme, Top Story, Town Hall

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