Case 3:03-cv-00945-CFD Document218—6 Filed 06/29/2007 Page1of4 . j
Collins vs Olin Corp.
_ l-5-2005 / Matthew Abraham
UNITED STATES DISTRICT COURT
» DISTRICT OF CONNECTICUT
\ *·k·k*·k·k·k·k***1E*****
* CIVIL ACTION NO.
CLARENCE R. COLLINS, JR., ET AL * 303CV945(CFD) l
PLAINTIFFS, *
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VS. *
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OLIN CORPORATION, ET AL., * m W
DEFENDANTS. * ·‘‘:
* * * * * * * * * * * * * * * * * n"J l`’l mQN*%
DEPOSITION OF: MATTHEW ABRAHAM
DATE TAKEN: JANUARY 5, 2005 I
LOCATION: HALLORAN & SAGE
§; 225 Asylum Street
?Y Hartford, Connecticut 06103
Reporter: KATHLEEN S. NORTON, RPR, LSR #105 ,
BRANDON SMITH REPORTING SERVICE, LLC I
44 Capitol Avenue
Hartford, CT 06106
Tel: (860) 549-1850
Fax: (860) 549-1537
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Brandon Smith Reporting _
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Case 3:03-cv-00945-CFD Document 218-6 Filed 06/29/2007 Page 2 of 4
Collins vs Olin Corp. 1
·l -5 -2005 Matthew Abraham
Page 80 .
1 residential properties are you aware of any other
2 properties that are contaminated?
3 A Not to my knowledge.
4 Q Andxyou believe the fact that the school 1
5 property is contaminated affects your property
6 values?
7 A Yes, if they move the school out.
8 Q If they don't move the school out, do you
9 believe your property values have been affected by
10 contamination on the school property? 1
711 A Not only the school property but it's my
12 property. It's on my property, too. I
13 Q Well, I'm just asking about the school y
14 A property, though.
15 A It affects the whole community. It
V 16 doesn’t affect only the school. 1
17 Q Have you put a dollar figure on how much
19 you think your property has decreased? A
19 A I think probably around 45,000, close. I j
`20 just ——
21 Q How do you arrive at this 45,000?
22 A I just picked the number. I would say
23 about 25 percent.
24 Q 7How long did it take you to come up with
25 the $45,000 figure? t
Brandon Smith Reporting
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Case 3:03-cv-00945-CFD Document 218-6 Filed 06/29/2007 Page 3 of 4 p
Collins vs Olin Corp. 1 ,
l-5-2005 Matthew Abraham l
_ — Page 81 p
1 A Well, I just thought about it and I picked
2 that number estimated to be about 25 -- 20 to
3 25 percent of the property value. 1
A 4 Q You're saying 20 to 25 percent of the
5 property value? e
6 A Yes. 1
7 Q What do you think the property value is
8 before you take off the 20 to 25 percent?
9 A Well, back then I was basing it on the
10 last evaluation ·— the last appraisal that I got.
11 Q Which appraisal? That*s the one
12 associated with the 2000?
13 A Yes. A 1
14 Q Second mortgage; is that correct?
15 A Correct.
16 Q And that appraised at 125,000, correct?
17 A Correct. 1
18 Q So 20 to 25 percent of 125,000, would be
19 closer to 25,000, correct?
20 A But there was some years in there after p
21 the appraisal that the value should have went up. I
22 I figured if it was 125, then it should have went
23 up some more. é
124 Q Didn't you say you based it on the 120 to 1
- 25 12s?
Brandon Smith Reporting 1
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i Case 3:03-cv-00945-CFD Document 218-6 Filed 06/29/2007 Page 4 of 4
1 Collins vs Olin Corp.
1-5-2005 Matthew Abraham S
. Page 230
1 CERTIFICATE OF REPORTER
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3 I, Kathleen S. Norton, a Registered Professional
Reporter/Commissioner within and for the State of
4 Connecticut, do hereby certify that I took the
deposition of MATTHEW ABRAHAM, on January 5, 2005,
5 who was by me duly sworn to testify to the truth and
nothing but the truth; that he was thereupon
6 carefully examined upon his oath and his examination
reduced to writing under my direction by means of
7 Computer Assisted Transcription, and that this
deposition is a true record of the testimony given
8 by the witness.
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10 I further certify that I am neither attorney nor
counsel for, nor related to, nor employed by any of
11 the parties to the action in which this deposition
is taken and further that I am not a relative or
12 employee of any attorney or counsel employed by the
parties hereto, nor financially interested in the
13 outcome of the action.
14
15 IN WITNESS THEREOF, I have hereunto set my hand
January 21, 2005.
16
17
_ ia @!9$~°@J! i ___ ___
19 i Kathleen S. Norton
20 l
21 Notary Public License No. 00105
My commission expires: 7-31-07
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2 25 0 S
Brandon Smith Reporting
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