Politics & Government

San Anselmo's Top Property Owners

Town refinances Measure G bonds.

On April 21, the town of San Anselmo sold new Measure G bonds that were refinanced to save the town $897,145 over the life of the bonds.

The refinancing at a lower interest rate will have an estimated average annual tax savings of $9.69 for each property-owner. (The calculation is based on the 2010‐11 median assessed value for a San Anselmo single family home of $446,196.) This translates into an annual savings of $2.17 per each $100,000 of assessed value. 

Some top property owners in town, though, will be saving more than $10 a year.

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Attached at right are the 20 biggest property owners in San Anselmo, according to the documents detailing the bond refinancing, based on their assessed property values and the amount of taxes they pay to the town. These 20 property owners pay a total of 4.8 percent of the property taxes paid to the town annually.

Many residents wouldn't be shocked by the name at the top of the list: George W. Lucas. Also on the list are some large commercial and apartment properties throughout San Anselmo. But, mixed in with the usual suspects, are average residents who happen to be among the top property owners in town.

Find out what's happening in San Anselmo-Fairfaxfor free with the latest updates from Patch.

Measure G was approved in 1995 to pay for street repair, the library services and storm drains.

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