The Town of Bridgewater seeing a 6.3 percent residential increase to the assessment roll for 2010. Commercial is slightly down by about 1.4 percent and within the Town, Business Occupancy with the phase out has decreased about 70 percent. The numbers were made known during a recent presentation to Bridgewater Council by members of the Property Valuation Service Corporation. For 2010, PVSC sent out 36 hundred and 54 assessment notices to the Town. Of that number, 25 hundred and 54 properties are receiving the CAP which is set at zero percent this year. The Property Valuation Service Corporation was formed in 2008 with a mandate to provide market valuation and other property-related services . PVSC which is chaired by Bridgewater Mayor Carroll Publicover is responsible for sending out property assessments to Nova Scotia