The New York State Assessors’ Association presents their 2019 Annual Meeting and Conference next week at the Crowne Plaza in Lake Placid on September 22nd through the 25th. Thomas T. (Ted) Nitza Jr., P.E., Senior Project Manager from Walden will present, “Special Purpose Property Valuations- A Deeper Dive into the Details and Process” on Tuesday the 24th, as part of a trio ofrelated sessions starting at 1pm that afternoon.
Ted Nitza will be focusing his presentation at the NYSAA Conference on the details and process of special purpose property valuations. Ted will discuss the importance and value of property and utility asset valuation using this method. This will include examples and considerations of utilities such as drinking water, wastewater, electric, telecommunications and gas pipelines as well as replacement costs, indexes and depreciations for their value.
Mr. Nitza is a New York registered Professional Engineer with a B.S. in Civil Engineering and an MBA. Mr. Nitza has over 20 years of civil/environmental engineering experience in drinking water, sanitary sewer, storm-water utility, drainage and other water quality related fields. He has helped many municipalities and utilities succeed and grow through direct engineering efforts as well as through the development of new markets, relationships and approaches to organic customer growth and utility partnerships, shared services agreements and regionalization efforts. Mr. Nitza has performed many utility and property valuations based on asset cost, condition and expected depreciation. His work has established objective benchmarks for use in the sale and purchase of utility systems and rate studies. Mr. Nitza serves on Environmental and Conservation Boards for municipalities in the Hudson Valley. In addition to direct civil and environmental engineering, his expertise includes planning and strategic business studies, rate and funding studies, expert testimony and utility related lobbying efforts.
If you would like to learn more about this topic or other utility valuation topics, please contact Walden today! Call: (516) 624-7200
Long Island/NYC- (516) 624-7200
Capital District- (518) 698-3012
Hudson Valley- (845) 253-8025
Midwest- (260) 416-6188