Re: Overhead lines deserve council attention, Your View, Oak Bay News,
What, besides the price, is up with Oak Bay council paying $500,000 – that’s 32 per cent – over assessed value for 1538 Monterey Ave.?
The 2015 property assessment for that property was $786,000. In 2016 it was assessed at $1,162,000 – but Oak Bay taxpayers shelled out $1.7 million. Why?
Who was the real estate agent? Isn’t there a real estate agent on council and couldn’t he have helped negotiate a better deal?
And why have taxpayers purchased the property way over assessed value?
Inquiring taxpayers would love to know. After all, it’s our community and our money.
R. Tolen
Oak Ba
