Tax Abatement Committee — Burlington, VT
Date: 2026-03-12
Time: 17:30

City Council - Tax Abatement Committee

Thursday, March 12, 2026, 5:30 PM, Bushor Conference Room, 149 Church Street, 1st
 Floor

Microsoft Teams meeting
Join: https://teams.microsoft.com/meet/29281252112071?p=PgE7GHTwavmAltG6UF
Meeting ID: 292 812 521 120 71
Passcode: D6xh3ct2
1. Agenda
  Subject 1.1. Motion to amend/adopt agenda
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 1. Agenda

  Department Assessor's Office


  Type Action
 Procedural


  Recommended Action Motion to amend/adopt agenda

  Subject 1.2. March 12, 2026 Minutes
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 1. Agenda
  Department Assessor's Office


  Type Information
 Minutes



2. Approval of Minutes
  Subject 2.3. approve the minutes from February 5, 2026 BTA Committee Hearing
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 2. Approval of Minutes
  Department Assessor's Office


  Type Action
 Information
 Minutes


  Recommended Action approve the minutes from February 5, 2026 BTA Committee Hearing

3. Public Forum
  Subject 3.4. Verbal Comments
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 3. Public Forum

  Department Assessor's Office


  Type Action
 Procedural


  Recommended Action open Public Forum
 close Public Forum

4. Hearing Overview
  Subject 4.5. BURLINGTON ELECTRIC DEPARTMENT, PID# 040-1-002-002 111
 INTERVALE RD: Petitioner requests resolution on long standing abatement
 request going back more than a decade so to clear liability from previous
 member owners.
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 4. Hearing Overview
  Department Assessor's Office


  Type Communication
 Information


  Subject 4.6. ARB LLC, PID# 050-2-043-000, 34 SUMMIT RIDGE: Petitioner requests an
 abatement for home based on asbestos remediation and subsequent need to
 gut and rehabilitate home before living in it.
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 4. Hearing Overview
  Department Assessor's Office


  Type Communication
 Information


  Subject 4.7. CITY OF BURLINGTON BRINGS UNCOLLECTIBLE TAXES FOR 7 PARCELS TO
 TAX ABATEMENT COMMITTEE FOR RECOMMENDATION TO FULL BOARD:
 Parcel ID Property Location PROPERTY OWNER ON
 GRAND LIST
 029-2-052-017 demolished none
 029-2-052-020 20 AVENUE B Cathleen Cawley
 029-2-052-030 35 AVENUE B Karen Cabrera
 029-2-052-047 52 AVENUE B WILFRED D BURBO
 029-2-052-106 57 AVENUE C KATHLEEN M
 MASHTEARE
 053-1-010-000 431 PINE ST DAVIS DEVELOPMENT
 CORP
 053-1-011-000 0 PINE ST BCV ASSOCIATES INC


 Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
 Category 4. Hearing Overview
 Department Assessor's Office


 Type Communication
 Information



5. Adjournment
 Subject 5.8. Motion to adjourn
 Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


 Category 5. Adjournment

 Department Council and Board


 Type Action
 Procedural


 Recommended Action Motion to adjourn

City Council - Tax Abatement Committee

Thursday, March 12, 2026, 5:30 PM, Bushor Conference Room, 149 Church Street, 1st
 Floor

Microsoft Teams meeting
Join: https://teams.microsoft.com/meet/29281252112071?p=PgE7GHTwavmAltG6UF
Meeting ID: 292 812 521 120 71
Passcode: D6xh3ct2
1. Agenda
  Subject 1.1. Motion to amend/adopt agenda
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 1. Agenda

  Department Assessor's Office


  Type Action
 Procedural


  Recommended Action Motion to amend/adopt agenda

  Subject 1.2. March 12, 2026 Minutes
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 1. Agenda
  Department Assessor's Office


  Type Information
 Minutes



2. Approval of Minutes
  Subject 2.3. approve the minutes from February 5, 2026 BTA Committee Hearing
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 2. Approval of Minutes


 Page 1 of 84
  Department Assessor's Office


  Type Action
 Information
 Minutes


  Recommended Action approve the minutes from February 5, 2026 BTA Committee Hearing

3. Public Forum
  Subject 3.4. Verbal Comments
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


  Category 3. Public Forum

  Department Assessor's Office


  Type Action
 Procedural


  Recommended Action open Public Forum
 close Public Forum

4. Hearing Overview
  Subject 4.5. BURLINGTON ELECTRIC DEPARTMENT, PID# 040-1-002-002 111
 INTERVALE RD: Petitioner requests resolution on long standing abatement
 request going back more than a decade so to clear liability from previous
 member owners.
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 4. Hearing Overview
  Department Assessor's Office


  Type Communication
 Information


  Subject 4.6. ARB LLC, PID# 050-2-043-000, 34 SUMMIT RIDGE: Petitioner requests an
 abatement for home based on asbestos remediation and subsequent need to
 gut and rehabilitate home before living in it.
  Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
  Category 4. Hearing Overview
  Department Assessor's Office


  Type Communication
 Information


  Subject 4.7. CITY OF BURLINGTON BRINGS UNCOLLECTIBLE TAXES FOR 7 PARCELS TO
 TAX ABATEMENT COMMITTEE FOR RECOMMENDATION TO FULL BOARD:




 Page 2 of 84
 Parcel ID Property Location PROPERTY OWNER ON
 GRAND LIST
 029-2-052-017 demolished none
 029-2-052-020 20 AVENUE B Cathleen Cawley
 029-2-052-030 35 AVENUE B Karen Cabrera
 029-2-052-047 52 AVENUE B WILFRED D BURBO
 029-2-052-106 57 AVENUE C KATHLEEN M
 MASHTEARE
 053-1-010-000 431 PINE ST DAVIS DEVELOPMENT
 CORP
 053-1-011-000 0 PINE ST BCV ASSOCIATES INC


 Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor
 Category 4. Hearing Overview
 Department Assessor's Office


 Type Communication
 Information



5. Adjournment
 Subject 5.8. Motion to adjourn
 Meeting March 12, 2026 - Tax Abatement Committee Hearing - Thursday, March 12, 2026, 5:30
 PM, Bushor Conference Room, 149 Church Street, 1st Floor


 Category 5. Adjournment

 Department Council and Board


 Type Action
 Procedural


 Recommended Action Motion to adjourn




 Page 3 of 84
 Tax Abatement Committee
 Thursday, March 12, 2026, 5:30 p.m.
 Sharon Bushor Conference Rm

 Minutes of the Hearing

Committee Members Present: Councilors Joe Kane (JK) Chair attended virtually; Buddy Singh (BS) attended virtually;
Evan Litwin (EL) attended virtually
Committee Members Absent:

Others Present: Erik Ramakrishnan (ER), City Attorney’s Office; City Kenneth Nosek (KN), Committee Administrator-City
Assessor’s Office; Traci Isham (TI); Stephen Schoeffel (SS), for the Clerk’s Office tax billing.

Petitioners: Burlington Electric Department, Emily Stebbins-Wheelock representing; ARB LLC, Darren Springer, GM BED;
Will Kidney representing

Other Public Present: None

At 5:32 p.m. Joe Kane, Tax Abatement Committee Chair, commenced the hearing.

Motion to adopt agenda with knowledge that Burlington Electric will not be heard tonight.
Approval of Minutes from February 5th.

Second by BS


Introductions made of Committee and Staff members for committee. Petitioner(s) sworn in.

Public Comment:
No one here today to speak during public forum

Hearing Overview:

 Subject 3.1 Hearing Petitioners in order of arrival.
 Meeting Thursday, March 12, 2026– Tax Abatement Committee Hearing Agenda – 5:30 PM Sharon
 Bushor Room, Ground Flr., City Hall

 Category 3. Conduct Abatement Hearing – hearing petitioners in order of arrival. Everyone ginving
 testimony was sworn in by ER.

 Petitioners
 BURLINGTON ELECTRIC DEPARTMENT, PID# 040-1-002-002 111 INTERVALE RD: Petitioner
 requests resolution on long standing abatement request going back more than a decade so to
 clear liability from previous member owners. Representatives updated committee on the
 history in attempt to acquire an abatement, to move the asset and to communicate with the
 city about this issue. Recent delinquent tax notice brought the issue to the forefront again and
 BED is now reattempting to get a decision for abatement of taxes.




 Page 4 of 84
 ARB LLC, PID# 050-2-043-000, 34 SUMMIT RIDGE: Petitioner requests an abatement for home
 based on asbestos remediation and subsequent need to gut and rehabilitate home before
 living in it.


 CITY OF BURLINGTON BRINGS UNCOLLECTIBLE TAXES FOR 7 PARCELS TO TAX ABATEMENT
 COMMITTEE FOR RECOMMENDATION TO FULL BOARD: abatement requested for
 administrative clean-up and because taxes cannot be collected after 15 year statutory time
 period.
 Parcel ID Property Location PROPERTY OWNER ON
 GRAND LIST
 029-2-052-017 demolished none
 029-2-052-020 20 AVENUE B Cathleen Cawley
 029-2-052-030 35 AVENUE B Karen Cabrera
 029-2-052-047 52 AVENUE B WILFRED D BURBO
 57 AVENUE C KATHLEEN M
 029-2-052-106 MASHTEARE
 DAVIS DEVELOPMENT
 053-1-010-000 431 PINE ST CORP
 053-1-011-000 0 PINE ST BCV ASSOCIATES INC




 1. Adjournment


 Subject Motion to Adjourn
 Meeting Thursday, March 12, 2026– Tax Abatement Committee Hearing Agenda – 5:30 PM Sharon
 Bushor Conference Room, Ground Floor City Hall

 Category 4. Set hearing date for time certain on a Thursday night per request of committee members
 present.

 Department Committee Chair

Adjourned Hearing portion of meeting at 6:05 p.m.




 Page 5 of 84
 TAX ABATEMENT REQUEST FORM
 Please submit one form per property tax abatement request
 Additional copies of this form are found at www.burlingtonvt.gov/CT/PropertyTax/Abatement
 Submit to: Attention: Kenneth, Burlington City Hall, Ground Floor, 149 Church Street, Burlington, VT 05401


Date of this Request: 23 Jan 2026
 Burlington Electric Dept/Central VT Public Service/VT Public Power Supply
Name, Property Owner on Grand List: Authority

Name, Applicant: City of Burlington, VT Electric Department, 50% joint owner
(Describe the relationship of applicant to listed owner if the applicant is not the listed owner)

New Owner, Purchase Date: NA
 NA
Executor/Administrator of Estate:

Mailing Address: 585 Pine St.

City, State, Zip code: Burlington, VT 05401

Applicant’s Email and Phone #: estebbins-wheelock@burlingtonelectric.com; (802) 865-7466

Location of Property: 111 Intervale Rd

Parcel ID # (000-0-000-000): 040-1-002-002 or,
Account Number (PPP000000): business personal property
(Can be found on the tax bill or property record card)

Total dollar amount you are requesting be abated: 621,494.54
 $________________
Breakout based on amount of: taxes: $________________
 172,564.31
 penalties: 1,807.15
 $________________
 interest: 434,782.01
 $________________
 prior year delinquency: $________________
 other: $________________
 12,341.07

Briefly describe your abatement request. You may submit a letter with more details of your request.
 Please see memo and other supporting documentation attached.




Required Attachments:
 x Copy of Tax Bill
  Copy of Tax Payment History (attainable from Clerk/Treasurer’s Office) history omitted per Clerk/Treasurer's
  Property Record Card
 x Office as it is >200pp long
 Digitally signed by Emily Stebbins-Wheelock (50085)

 Emily Stebbins-Wheelock DN: C=US, S=MA, L=Holyoke, O=ISO New England Inc, OU=USER ID - 600069772,
 OU=ISNE, CN=Emily Stebbins-Wheelock (50085),
 E=estebbins-wheelock@burlingtonelectric.com


Signature ________________________________ Date __________________
 (50085) 23 Jan 2026
 Reason: I am approving this document
 Location: your signing location here
 Date: 2026-01-23 12:48:49
 Foxit PhantomPDF Version: 9.7.0




This form received by: Date received:


 Page 6 of 84
To: Burlington Board of Tax Abatement

From: Emily Stebbins-Wheelock, CFO and Manager of Strategy & Innovation

Date: 23 January 2026

Re: Abatement request for McNeil Gasifier property

The City of Burlington Electric Department (BED) respectfully requests that the Burlington
Board of Tax Abatement (BTA) abate the outstanding tax liability for parcel 040-01-002-002,
the defunct gasifier facility located next to the McNeil Generating Station.

The gasifier facility was constructed in the 1990s by Future Energy Resource Corp (FERCO), a
now-defunct Atlanta company, with much of the construction cost coming from a U.S.
Department of Energy grant. The gasifier was the first phase of a three-phase project (including
gas cleanup followed by gas turbine) that was never completed.

FERCO for Chapter 11 reorganization in November of 2002. The court allowed FERCO to
abandon the building in May of 2003 with liquidation Chapter 7 filed in August of 2004. At the
time, City of Burlington attorneys working with the Chief Administrative Officer (CAO)
concluded that chasing FERCO liquidation funds would be fruitless. City administration then
consulted with McNeil Leddy & Sheahan’s bankruptcy specialist, who concluded the tax liability
through the ground lease lay with the joint owners of McNeil: BED-50%, CVPS-20%, VPPSA-
19% and GMP-11%.

City attorneys advised the CAO that the liability was uncollectible since it was one City
department collecting from another. Moreover, the City Attorney’s Office was concerned that the
other McNeil joint owners might sue if asked to pay on the basis of it being manifestly unjust
and illegal: the tax bill had been in FERCO’s name.

BED filed an abatement request in December 2007 and the subcommittee Board of Abatement
recommended granting it. In January 2008 the full City Council requested further examination of
the property’s ownership and the possibility of obtaining partial payment of taxes and removed
the abatement request from the consent agenda. No further progress was made for some years
and the outstanding liability continued unresolved.

In 2014, BED found a contractor willing to pay and relocate the plant to upstate New York for
$100,000. The McNeil joint owners formulated a proposal to take to the Board of Abatement that

 Burlington Electric Department
 585 Pine Street Burlington, VT 05401
 burlingtonelectric.com
 Phone (802) 865-7300


 Page 7 of 84
would have paid $200,000 of the taxes with interest and penalties abated. The BTA
recommended the plan to City Council, which approved it on August 11, 2014. Unfortunately,
the contractor subsequently decided against moving forward and no further action was taken.

In late 2019 and early 2020, the City’s CAO, City Attorney, and BED’s General Manager
reengaged in discussions about the tax liability and agreed to bring another abatement request to
the BTA. Due to the COVID-19 pandemic and subsequent transitions in the CAO and City
Attorney position, however, an abatement request was not submitted at that time.

BED respectfully requests abatement for the outstanding tax liability on the basis of its being
uncollectible. The liability was incurred by FERCO, which ceased operations and was liquidated
in 2004. BED and the other McNeil joint owners have paid their taxes on this property in full
each year since FY2015.

The City took appropriate measures circa 2003/2004 to obtain payment from FERCO and
determined at the time that the liability was uncollectible from that entity. An abatement request
for this property has been granted twice before by the BTA based on the same set of facts and
circumstances articulated here.

Thank you for your consideration of this request at your February 5, 2026 meeting.




 Page 8 of 84
040 1 002 002 040-1-002-002 BURLINGTON, VT Card: 1 of 1 Total Card Total Parcel
Sheet Lot Unit# Bldg# Parcel ID Building Location111 INTERVALE RD APPR 500 / 500
PROPERTY LOCATION IN PROCESS APPRAISAL SUMMARY USE + IMP 500 / 500
111 INTERVALE RD Use Code Building Val Yard Items Land Size Land Val Total Val USE LAND 500 / 500
BURLINGTON, VT 05401 UE 500 0 1.00 0 500 ASSESSED 500 / 500
OWNERSHIP LEGAL DESCRIPTION
BURLINGTON ELECTRIC DEPARTMENT
CENTRAL VERMONT PUBLIC SERVICE
 Building Total 500 0 1.00 0 500
VERMONT PUBLIC POWER SUPPLY AUTHORITY Parcel Total 500 0 1.00 0 500
585 PINE ST Source 6 - Override Tot Val SF/Bld 0.06 Tot Val SF/Prcl 0.06 Lot Size
BURLINGTON, VT 05401-0000 Total Land 0.00
 PREVIOUS ASSESSMENTS Property ID: 4055 Land Unit Type SF
 Tx Yr Cat Use Bld Value Yard Items Land Size Land Val Total Appr Assessed Notes Date
 2025 FV EU 500 0 1 0 500 500 2025/LDS 06/19/25 1:12:19 PM;06/19/2025
Occ C Type CITY 2024 FV EU 500 0 1 0 500 500 2024/LDS 06/14/24 11:54:51 AM;
 06/14/2024 User Account
PREVIOUS OWNER 2023 FV UE 500 0 1 0 500 500 2023/LDS 07/07/23 9:47:36 AM; FV
 07/07/2023 14055
 ran by Caitlin at Patriot
 2022 FV UE 500 0 1 0 500 500 2022/LDS 08/25/22 10:15:25 AM; Year
 08/25/2022
 End GIS Coord 1
 2021 FV UE 500 0 1 0 500 500 DS Patriot Support 01/11/2022 314871727273.00000000
 GIS Coord 1
 2020 FV UE 500 0 1 0 500 500 post BOA 06/23/2020
 2019 FV UE 500 0 1 0 500 500 9.23.2019 09/23/2019 Insp Date

 Print Date / Time
 1/23/2026 10:35 am
 Last Date / Time
 SALES INFORMATION
NARRATIVE DESCRIPTION 6/21/24 12:30 pm
This parcel contains 0.00000 SF of land mainly classified as Grantor Legal Ref Type Date Sale Price TSF Verif. NAL Notes
 BURLINGTON\jturner
Exempt Util It has 1 building(s) first built in 1993 with a total of
 USER DEFINED
8,680 square feet. There are 1commercial unit(s).
 RAD:
 90
 OLD PID:
OTHER ASSESSMENTS 49ELECTRIC
  Code  Desc Amt Comm Int Amt State District:
 3-02
 BUILDING PERMITS ACTIVITIES CAD:
 Date Number Desc Amount Closed Status Fed. ID Notes Last Visit Date Result By 610
 11/07/2024 CMP-24-487 Mechanical 11,781 12/05/2024 CLOSED Installation of one Mitsubishi mini split system with one outdoor unit and one indoor unit into Ship SPAN:
PROPERTY FACTORS
 07/08/2024 SIGN-24-22 Building Permit - Signs 07/08/2024 CLOSED 114-035-14055
 Item Code Item Code %
 04/13/2023 CBP-23-277 Building 75,000 A New Ground Mount Solar Array Accessory Dwl
 Util 1 Dis 1 B 100.00000000
 Util 2 Dis 2 SH 0.00000000 09/14/1995 96-96148 900,000 10/05/1995 Z
 95-95237 8,000 12/15/1994 I Z PriorID1c
 Util 3 Dis 3 SN 100.00000000 11/29/1994
 00
 Census Zone 1 EAE 100
 PriorID2c
  F. Haz Zone 2 00
 Topo Zone 3 PriorID3c
 Street 00
 Traffic Assessor Map
 Exempt
 040-1-002-000
LAND SECTION
 LUC LUC Desc Ft. # Units Depth U. Type L. Type Ft. Base V. Unit Prc Adj Prc NBC Ft. Mod. Inf 1 % Inf 2 % Inf 3 % Appr Alt LUC % Spec L.V. Juris L. Ft. Assessed Notes
  EU Exempt Util 1 0 SF SITE 1 2 0 090 1 0 0 1 0




 Total AC/HA 0.00 Total SF/SM 1.00 Parcel LUC EU - Exempt Util P. NBC Desc INTERVALE Tot 0 Tot 0 Tot 0
Disclaimer: This Information is believed to be correct but is subject to change and is not guaranteed Property: 4055 | Bld: 4168 | Seq: 1 | Year: 2026 | Data As Of Date: 01/23/2026 | User: BURLINGTON\knosek | DB: Assess50Burlington
 Page 9 of 84
Parcel ID 040-1-002-002 Comments Sketch
Exterior Information Condo Information Salvage Value GASIFIER PLANT NOT OPERABLE
 Type 483 - ELEC GENRTR Location FUTURE ENERGY RESOURCE CORP. DISOLVED
  Stry Hght Tot Units
 (Liv) Units 0 Tot 1
 Floor
 Found S - SLAB
 % Own
 Frame S - Steel
 Name
 P. Wall MT - STEEL/METAL
  Sec Wall 0 Bath Features Res Breakdown Remodeling
  Roof Str FL - FLAT Full Bath 0 Rtng Floor No. Unit Rooms Bdrms Exterior
  Roof Cvr RM - RUBBER MEMB Add Full 0 Rtng Interior
 Color 3/4 Bath 0 Rtng Add.
 View Kitchen
 Add. 3/4 0 Rtng
 Shape Bath
 1/2 Bath 0 Rtng
 Bld Name Plumb
 Add. 1/2 0 Rtng Bld Total Electric
General Information Other Fix 0 Rtng Prcl Total Heating
 Grade A - AVERAGE
 General
  Year Blt 1993 Eff Yr Other Features Calc Ladder
  Alt LUC Kitchens 0 Rtng Base Rate 82.70 Depr 1,215,997
 Juris Add Kit. 0 Rtng Size Adj 1.00000 Depr'd Total 122
  Con Mod Fireplaces 0 Rtng Con Adj 0.89177 Juris Ft. 1.0000
 WS Flues 0 Rtng Adj Prc $73.75 Spec. Features $0
Interior Information
  Avg Ht / Fl 12.00 Grade Ft. 1.00000 Lump Sum
 Depreciation
 P. Int Wall N - NONE Phys Con AV 16.8 Other Feat $21,699 Final Total $500
  Sec Int Wall Functional NBH Mod 1.0000 Override Val 500.00
 Partition N - NONE Economic O 99.99 NBC Infl 1.2000 Assmnt Ft. 1.0000
 P. Floor OT - OTHER Special LUC Ft. 1.0000 Assessed Val $500
 Sec Floor C - CONCRETE BMT Override Adj Tot (RCN) 1,216,119 Total $/SF $0.06 Mobile Home
  Bmt Floors Total 99.99% Depr % 99.99% Undepr $/SF 73.75000 Make Model Serial Year Color
  Sub Floors
 Comparable Sales Sub Areas Alt Areas
  Bmt Garage 0
 Rtng Parcel ID Type Sale Date Price Code Desc Net Area Gross A. F. Area Sz Adj A. Rate AV Undepr Val S. Area Alt Type % Alt Tenants Qual %U
 Electric G - GOOD
 TFL 3RD FLOOR 2,625 2,625 2,625 2,625 73.75 193,594 UFL UNF 90 AV 100
 Insulation G - GOOD
 FFL 1ST FLOOR 2,370 2,370 2,370 2,370 73.75 174,788 UFL UNF 90 AV 100
 Int Vs Ext
 SFL 2ND FLOOR 2,370 2,370 2,370 2,370 73.75 174,788 UFL UNF 90 AV 100
 Heat Fuel N - NONE
 UFL UPPR FLOOR 10,595 10,595 1,060 1,060 40.56 429,733 UFL UNF 90 AV 100
 Heat UN - UNHEATED
 OVH OVERHANG 255 255 255 255 73.75 18,806 UFL UNF 90 AV 100
  # Heat Sys 0
 UFL UNF 90 AV 100
 Heated % AC %
 UFL UNF 90 AV 100
 Sol HW % Ctrl Vac %
  Com Wall % Sprink % 100 Avg Rtng Ind Val Building Totals 18,215 18,215 8,680 8,680 991,708
 Parcel Totals 18,215 18,215 8,680 8,680 991,708
Special Features / Yard Items
 Code Desc A Y/S Qty Size Qual Con Year Unit Prc D/S Depr % LUC Ft. NBC Ft. Juris Ft. Appr Val Assessed Image
 SHDB SHED BR/CB D Y 1 144.00 C AV 1995 20.66 T 36.4% 1 1.2 1 2,100 2,100
  SHD SHED/FR D Y 1 360.00 C AV 1993 13.21 T 39.2% 1 1.2 1 2,800 2,800
 SHDM SHD MTL. VNL D Y 1 168.00 C AV 1995 8.10 T 36.4% 1 1.2 1 900 900
  GAR GARAGE D Y 1 672.00 D FR 1995 34.94 T 45.5% 1 1.2 1 10,800 10,800
 PAVC PAVING CONC D Y 1 400.00 C AV 1995 4.00 T 52% 1 1.2 1 1,300 1,300
  SHD SHED/FR D Y 1 224.00 D FR 1995 13.21 T 45.5% 1 1.2 1 1,300 1,300




 Building Totals Yard Item Appr 19,200 Special Feature Appr 19,200 19,200
 Parcel Totals Yard Item Appr 19,200 Special Feature Appr 19,200 19,200
Disclaimer: This Information is believed to be correct but is subject to change and is not guaranteed Property: 4055 | Bld: 4168 | Seq: 1 | Year: 2026 | Data As Of Date: 01/23/2026 | User: BURLINGTON\knosek | DB: Assess50Burlington
 Page 10 of 84
Page 11 of 84
Page 12 of 84
01/23/2026 City of Burlington Tax Administration Page 1 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2003 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 2799.57 0.00 0.00 2,799.57
C 1 11,660.69 2740.32 0.00 0.00 0.00 0.00 14,401.01
U 2 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
M 3 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
  4 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
--------------------------------------------------------------------------------
Total 46,642.76 97719.00 0.00 2799.57 0.00 0.00 147,161.33

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 11,660.69 0.00 0.00 0.00 0.00 0.00 11,660.69
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 11,660.69 0.00 0.00 0.00 0.00 0.00 11,660.69

D Misc 0.00 0.00 0.00 2799.57 0.00 0.00 2,799.57
U 1 0.00 2740.32 0.00 0.00 0.00 0.00 2,740.32
E 2 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
  3 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
  4 11,660.69 31659.56 0.00 0.00 0.00 0.00 43,320.25
--------------------------------------------------------------------------------
Total 34,982.07 97719.00 0.00 2799.57 0.00 0.00 135,500.64

040-1-002-002 2004 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 4024.33 0.00 0.00 4,024.33
C 1 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
U 2 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
M 3 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
  4 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
--------------------------------------------------------------------------------
Total 50,291.64 135788.36 0.00 4024.33 0.00 0.00 190,104.33

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 4024.33 0.00 0.00 4,024.33
U 1 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
E 2 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
  3 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
  4 12,572.91 33947.09 0.00 0.00 0.00 0.00 46,520.00
--------------------------------------------------------------------------------
Total 50,291.64 135788.36 0.00 4024.33 0.00 0.00 190,104.33




 Page 13 of 84
01/23/2026 City of Burlington Tax Administration Page 2 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2005 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 4846.12 0.00 0.00 4,846.12
C 1 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
U 2 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
M 3 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
  4 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
--------------------------------------------------------------------------------
Total 60,564.04 156255.12 0.00 4846.12 0.00 0.00 221,665.28

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 4846.12 0.00 0.00 4,846.12
U 1 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
E 2 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
  3 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
  4 15,141.01 39063.78 0.00 0.00 0.00 0.00 54,204.79
--------------------------------------------------------------------------------
Total 60,564.04 156255.12 0.00 4846.12 0.00 0.00 221,665.28

040-1-002-002 2006 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 321.44 0.00 0.00 321.44
C 1 1,001.38 2472.51 40.06 0.00 0.00 0.00 3,513.95
U 2 1,001.38 2442.47 40.06 0.00 0.00 0.00 3,483.91
M 3 1,001.38 2402.41 40.06 0.00 0.00 0.00 3,443.85
  4 1,001.38 2372.38 40.06 0.00 0.00 0.00 3,413.82
--------------------------------------------------------------------------------
Total 4,005.52 9689.77 160.24 321.44 0.00 0.00 14,176.97

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 321.44 0.00 0.00 321.44
U 1 1,001.38 2472.51 40.06 0.00 0.00 0.00 3,513.95
E 2 1,001.38 2442.47 40.06 0.00 0.00 0.00 3,483.91
  3 1,001.38 2402.41 40.06 0.00 0.00 0.00 3,443.85
  4 1,001.38 2372.38 40.06 0.00 0.00 0.00 3,413.82
--------------------------------------------------------------------------------
Total 4,005.52 9689.77 160.24 321.44 0.00 0.00 14,176.97




 Page 14 of 84
01/23/2026 City of Burlington Tax Administration Page 3 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2007 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 342.61 0.00 0.00 342.61
C 1 1,067.52 2509.80 42.70 0.00 0.00 0.00 3,620.02
U 2 1,067.52 2477.76 42.70 0.00 0.00 0.00 3,587.98
M 3 1,067.52 2435.04 42.70 0.00 0.00 0.00 3,545.26
  4 1,067.52 2403.00 42.70 0.00 0.00 0.00 3,513.22
--------------------------------------------------------------------------------
Total 4,270.08 9825.60 170.80 342.61 0.00 0.00 14,609.09

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 342.61 0.00 0.00 342.61
U 1 1,067.52 2509.80 42.70 0.00 0.00 0.00 3,620.02
E 2 1,067.52 2477.76 42.70 0.00 0.00 0.00 3,587.98
  3 1,067.52 2435.04 42.70 0.00 0.00 0.00 3,545.26
  4 1,067.52 2403.00 42.70 0.00 0.00 0.00 3,513.22
--------------------------------------------------------------------------------
Total 4,270.08 9825.60 170.80 342.61 0.00 0.00 14,609.09

040-1-002-002 2008 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 1,106.03 2510.62 88.48 0.00 0.00 0.00 3,705.13
U 2 1,106.03 2477.44 88.48 0.00 0.00 0.00 3,671.95
M 3 1,106.03 2433.20 88.48 0.00 0.00 0.00 3,627.71
  4 1,106.03 2400.02 88.48 0.00 0.00 0.00 3,594.53
--------------------------------------------------------------------------------
Total 4,424.12 9821.28 353.92 1.00 0.00 0.00 14,600.32

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 1,106.03 2510.62 88.48 0.00 0.00 0.00 3,705.13
E 2 1,106.03 2477.44 88.48 0.00 0.00 0.00 3,671.95
  3 1,106.03 2433.20 88.48 0.00 0.00 0.00 3,627.71
  4 1,106.03 2400.02 88.48 0.00 0.00 0.00 3,594.53
--------------------------------------------------------------------------------
Total 4,424.12 9821.28 353.92 1.00 0.00 0.00 14,600.32




 Page 15 of 84
01/23/2026 City of Burlington Tax Administration Page 4 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2009 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 1,145.45 2461.77 91.64 0.00 0.00 0.00 3,698.86
U 2 1,145.45 2427.42 91.64 0.00 0.00 0.00 3,664.51
M 3 1,145.45 2381.62 91.64 0.00 0.00 0.00 3,618.71
  4 1,145.45 2347.27 91.64 0.00 0.00 0.00 3,584.36
--------------------------------------------------------------------------------
Total 4,581.80 9618.08 366.56 1.00 0.00 0.00 14,567.44

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 1,145.45 2461.77 91.64 0.00 0.00 0.00 3,698.86
E 2 1,145.45 2427.42 91.64 0.00 0.00 0.00 3,664.51
  3 1,145.45 2381.62 91.64 0.00 0.00 0.00 3,618.71
  4 1,145.45 2347.27 91.64 0.00 0.00 0.00 3,584.36
--------------------------------------------------------------------------------
Total 4,581.80 9618.08 366.56 1.00 0.00 0.00 14,567.44

040-1-002-002 2010 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 1,210.01 2456.30 96.80 0.00 0.00 0.00 3,763.11
U 2 1,210.01 2420.00 96.80 0.00 0.00 0.00 3,726.81
M 3 1,210.01 2371.60 96.80 0.00 0.00 0.00 3,678.41
  4 1,210.01 2335.30 96.80 0.00 0.00 0.00 3,642.11
--------------------------------------------------------------------------------
Total 4,840.04 9583.20 387.20 1.00 0.00 0.00 14,811.44

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 1,210.01 2456.30 96.80 0.00 0.00 0.00 3,763.11
E 2 1,210.01 2420.00 96.80 0.00 0.00 0.00 3,726.81
  3 1,210.01 2371.60 96.80 0.00 0.00 0.00 3,678.41
  4 1,210.01 2335.30 96.80 0.00 0.00 0.00 3,642.11
--------------------------------------------------------------------------------
Total 4,840.04 9583.20 387.20 1.00 0.00 0.00 14,811.44




 Page 16 of 84
01/23/2026 City of Burlington Tax Administration Page 5 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2011 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 1,144.74 2186.94 91.58 0.00 0.00 0.00 3,423.26
U 2 1,144.74 2152.59 91.58 0.00 0.00 0.00 3,388.91
M 3 1,144.74 2106.79 91.58 0.00 0.00 0.00 3,343.11
  4 1,144.74 2072.44 91.58 0.00 0.00 0.00 3,308.76
--------------------------------------------------------------------------------
Total 4,578.96 8518.76 366.32 1.00 0.00 0.00 13,465.04

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 1,144.74 2186.94 91.58 0.00 0.00 0.00 3,423.26
E 2 1,144.74 2152.59 91.58 0.00 0.00 0.00 3,388.91
  3 1,144.74 2106.79 91.58 0.00 0.00 0.00 3,343.11
  4 1,144.74 2072.44 91.58 0.00 0.00 0.00 3,308.76
--------------------------------------------------------------------------------
Total 4,578.96 8518.76 366.32 1.00 0.00 0.00 13,465.04

040-1-002-002 2012 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 2.84 0.53 0.23 0.00 0.00 0.00 3.60
U 2 2.84 0.44 0.23 0.00 0.00 0.00 3.51
M 3 2.84 0.32 0.23 0.00 0.00 0.00 3.39
  4 2.84 5.06 0.23 0.00 0.00 0.00 8.13
--------------------------------------------------------------------------------
Total 11.36 6.35 0.92 1.00 0.00 0.00 19.63

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 2.84 0.53 0.23 0.00 0.00 0.00 3.60
I 2 2.84 0.44 0.23 0.00 0.00 0.00 3.51
D 3 2.84 0.32 0.23 0.00 0.00 0.00 3.39
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 8.52 1.29 0.69 0.00 0.00 0.00 10.50

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
E 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 2.84 5.06 0.23 0.00 0.00 0.00 8.13
--------------------------------------------------------------------------------
Total 2.84 5.06 0.23 1.00 0.00 0.00 9.13




 Page 17 of 84
01/23/2026 City of Burlington Tax Administration Page 6 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2013 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 2.85 5.00 0.23 0.00 0.00 0.00 8.08
U 2 2.85 4.91 0.23 0.00 0.00 0.00 7.99
M 3 2.85 4.79 0.23 0.00 0.00 0.00 7.87
  4 2.85 4.70 0.23 0.00 0.00 0.00 7.78
--------------------------------------------------------------------------------
Total 11.40 19.40 0.92 1.00 0.00 0.00 32.72

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 2.85 5.00 0.23 0.00 0.00 0.00 8.08
E 2 2.85 4.91 0.23 0.00 0.00 0.00 7.99
  3 2.85 4.79 0.23 0.00 0.00 0.00 7.87
  4 2.85 4.70 0.23 0.00 0.00 0.00 7.78
--------------------------------------------------------------------------------
Total 11.40 19.40 0.92 1.00 0.00 0.00 32.72

040-1-002-002 2014 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 2.95 4.65 0.24 0.00 0.00 0.00 7.84
U 2 2.95 4.56 0.24 0.00 0.00 0.00 7.75
M 3 2.95 4.44 0.24 0.00 0.00 0.00 7.63
  4 2.95 4.35 0.24 0.00 0.00 0.00 7.54
--------------------------------------------------------------------------------
Total 11.80 18.00 0.96 1.00 0.00 0.00 31.76

P Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
I 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
D 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00

D Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
U 1 2.95 4.65 0.24 0.00 0.00 0.00 7.84
E 2 2.95 4.56 0.24 0.00 0.00 0.00 7.75
  3 2.95 4.44 0.24 0.00 0.00 0.00 7.63
  4 2.95 4.35 0.24 0.00 0.00 0.00 7.54
--------------------------------------------------------------------------------
Total 11.80 18.00 0.96 1.00 0.00 0.00 31.76




 Page 18 of 84
01/23/2026 City of Burlington Tax Administration Page 7 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

Parcel Tax Year Name
 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
040-1-002-002 2015 BURLINGTON ELECTRIC DEPARTMENT
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
C 1 3.14 0.00 0.00 0.00 0.00 0.00 3.14
U 2 3.14 0.00 0.00 0.00 0.00 0.00 3.14
M 3 3.14 0.25 0.25 0.00 0.00 0.00 3.64
  4 3.14 0.16 0.25 0.00 0.00 0.00 3.55
--------------------------------------------------------------------------------
Total 12.56 0.41 0.50 1.00 0.00 0.00 14.47

P Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
A 1 3.14 0.00 0.00 0.00 0.00 0.00 3.14
I 2 3.14 0.00 0.00 0.00 0.00 0.00 3.14
D 3 3.14 0.25 0.25 0.00 0.00 0.00 3.64
  4 3.14 0.16 0.25 0.00 0.00 0.00 3.55
--------------------------------------------------------------------------------
Total 12.56 0.41 0.50 1.00 0.00 0.00 14.47

D Misc 0.00 0.00 0.00 0.00 0.00 0.00 0.00
U 1 0.00 0.00 0.00 0.00 0.00 0.00 0.00
E 2 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  3 0.00 0.00 0.00 0.00 0.00 0.00 0.00
  4 0.00 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00




 Page 19 of 84
01/23/2026 City of Burlington Tax Administration Page 8 of 8
09:07 am Tax Year Status Report tisham
 Parcel 040-1-002-002 All Tax Years

 Pmt Principal Interest Penalty Other Credits Disc. Total
--------------------------------------------------------------------------------
-------------------- Summary Tax Status Report --------------------
A -----------------------------------------------------------------------------
C Misc 0.00 0.00 0.00 12342.07 0.00 0.00 12,342.07
C 1 46,061.52 90359.31 451.96 0.00 0.00 0.00 136,872.79
U 2 46,061.52 119078.02 451.96 0.00 0.00 0.00 165,591.50
M 3 46,061.52 118810.89 452.21 0.00 0.00 0.00 165,324.62
  4 46,061.52 118615.11 452.21 0.00 0.00 0.00 165,128.84
--------------------------------------------------------------------------------
Total 184,246.08 446863.33 1808.34 12342.07 0.00 0.00 645,259.82

P Misc 0.00 0.00 0.00 1.00 0.00 0.00 1.00
A 1 11,666.67 0.53 0.23 0.00 0.00 0.00 11,667.43
I 2 5.98 0.44 0.23 0.00 0.00 0.00 6.65
D 3 5.98 0.57 0.48 0.00 0.00 0.00 7.03
  4 3.14 0.16 0.25 0.00 0.00 0.00 3.55
--------------------------------------------------------------------------------
Total 11,681.77 1.70 1.19 1.00 0.00 0.00 11,685.66

D Misc 0.00 0.00 0.00 12341.07 0.00 0.00 12,341.07
U 1 34,394.85 90358.78 451.73 0.00 0.00 0.00 125,205.36
E 2 46,055.54 119077.58 451.73 0.00 0.00 0.00 165,584.85
  3 46,055.54 118810.32 451.73 0.00 0.00 0.00 165,317.59
  4 46,058.38 118614.95 451.96 0.00 0.00 0.00 165,125.29
--------------------------------------------------------------------------------
Total 172,564.31 446861.63 1807.15 12341.07 0.00 0.00 633,574.16




 Page 20 of 84
01/23/26 City of Burlington Tax Administration Page 1 of 2
09:08 am Cash Receipts Report tisham
 Parcel 040-1-002-002, With Parcel Detail


Parcel Year Name/Location Date Deposit Check # Receipt Amount
------------------------------------------------------------------------------------------------------------------------------------
040-1-002-002 2003 BURLINGTON ELECTRIC :111 INTERVALE RD 08/12/02 0.0 PAID AMO UNT 11,660.69
040-1-002-002 2015 BURLINGTON ELECTRIC :111 INTERVALE RD 11/18/14 179391.0 51471 KMD 6.28
 ----------------
 Parcel Total 11,666.97




 Page 21 of 84
01/23/26 City of Burlington Tax Administration Page 2 of 2
09:08 am Cash Receipts Report tisham
 Parcel 040-1-002-002, With Parcel Detail

-------------------- Cash Receipts Report Summary --------------------
--------------------------------------------------------------------------------
2003 Principal Interest Penalty Other Credits Total
--------------------------------------------------------------------------------
Misc. 0.00 0.00 0.00 0.00 0.00 0.00
Payment 1 11660.69 0.00 0.00 0.00 0.00 11660.69
Payment 2 0.00 0.00 0.00 0.00 0.00 0.00
Payment 3 0.00 0.00 0.00 0.00 0.00 0.00
Payment 4 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 11660.69 0.00 0.00 0.00 0.00 11660.69
 Total Checks:$11,660.69

2015 Principal Interest Penalty Other Credits Total
--------------------------------------------------------------------------------
Misc. 0.00 0.00 0.00 0.00 0.00 0.00
Payment 1 3.14 0.00 0.00 0.00 0.00 3.14
Payment 2 3.14 0.00 0.00 0.00 0.00 3.14
Payment 3 0.00 0.00 0.00 0.00 0.00 0.00
Payment 4 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 6.28 0.00 0.00 0.00 0.00 6.28
 Total Checks:$6.28

Total Principal Interest Penalty Other Credits Total
--------------------------------------------------------------------------------
Misc. 0.00 0.00 0.00 0.00 0.00 0.00
Payment 1 11663.83 0.00 0.00 0.00 0.00 11663.83
Payment 2 3.14 0.00 0.00 0.00 0.00 3.14
Payment 3 0.00 0.00 0.00 0.00 0.00 0.00
Payment 4 0.00 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
Total 11666.97 0.00 0.00 0.00 0.00 11666.97
 Total Checks:$11,666.97
 Total Current Years: $0.00 Total Previous Years: $11,666.97
 Total of Receipts: $11,666.97




 Page 22 of 84
 OFFICE OF THE CLERK/TREASURER
 City of Burlington ________________________________________
 City Hall, Room 20, 149 Church Street, Burlington, VT 05401 Voice (802) 865-7000
 Deaf/Hard of Hearing 711




To: Beth Anderson

From: Jeffrey Herwood

Date: 4/25/2019

Re: Future Energy Resource Corp (FERCO)

Future Energy Resource Corp (FERCO), now a defunct Atlanta company, built a gasifier
demonstration project at the McNeil Station in the 1990’s with much of the construction cost
coming from the US Department of Energy. This was the first phase which would have led to the
installation of a gas turbine. The plan was to utilize the energy created in the cleanup system to
further power the turbine making it more efficient.


The company filed for reorganization Chapter 11 in November of 2002 and the court allowed
them to abandon the building in May of 2003 with liquidation Chapter 7 filed in August of 2004.


City of Burlington attorneys working with the Chief Administrative Officer concluded that
chasing FERCO liquidation funds would be fruitless. The administration then consulted with
McNeil Leddy’s bankruptcy specialist who concluded the tax liability through the ground lease
lay with the joint owners of McNeil; BED-50%, CVPS-20%, VPPSA-19% and GMP-11%.


COB attorneys advised the CAO the liability uncollectible since it was one City department
collecting from another. Moreover the attorney’s office was concerned the joint partners would
sue if asked to pay on the basis of it being manifestly unjust and illegal- the tax bill had been in
FERCO’s name The abatement request went to the subcommittee Board of Abatement who
recommended granting it. In January of 2008 the full City Council requested further examination
of the ownership and the possibility of obtaining partial payment of taxes and took off consent
the abatement request. No further progress was made and continued unresolved.

In 2014 BED found a contractor willing to pay and relocate the plant to upstate NY for
$100,000. McNeil partners formulated a plan to take to the Board of Abatement; the partners
would come up with $100,000 in addition to the abovementioned for a total of $200,000 which
would pay off the delinquent taxes, this contingent on interest and penalty being abated. The
request went to the sub board who recommended the plan which the CC approved on 8/11/2014.
Unfortunately, the contractor decided against moving forward and no further action has been
made.




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