YORK - Among the many issues discussed at the Board of Selectmen's most recent meeting was just how much the town of York is worth.

Town Assessor Rick Mace provided the board with a status report on the property value of the town as a whole, which the state of Maine has listed at just under $4.12 billion.

"We still retain our second-in-the-state valuation," Mace said of the state's assessment, adding that only the city of Portland is currently listed with a higher property value by the state.

Mace said that in the current year more than 3,000 of the town's 10,000 local properties saw a decrease in assessment, but the value of properties with waterfront, water views or water access continues to climb.

"People who have money are still spending it, and they're buying those prime properties," he said.

While the number of sales is going down, Mace said, the prices of those sales remain healthy for oceanfront and ocean view properties. He said the town is ahead of last year in terms of sales, but slightly behind 2006.

"We're seeing a renaissance," he said, "in commercial property sales and values."

Mace said his goal is to be within 10 percent of the state's assessed property value for the town in an effort to maintain stability and fairness.

"We're really, really close," he said of the state's assessment, adding, "... We declare at 100 percent and we're coming in right on the money. They like that."

Board of Selectmen Vice Chairman Dave Marshall said that York's system of updating property values annually is a fairer process than other communities, where the actual value of properties can be far off from what they are assessed at.

Also at the meeting, the board discussed a request by York High School students Hanna Mitchell and Bridget Rhinehart for the town to mandate Leadership in Energy and Environmental Design (LEED) certification in its new municipal construction. The LEED rating system is a nationally accepted benchmark for environmentally-friendly buildings.

Town Planner Christine Grimando told the board she has worked with the two students on revisions to the proposed ordinance, and the plan is that new construction projects of 5,000-square-feet or larger would be subject to the LEED certification.

"Any major project we're discussing here in town is going to hit that mark," Grimando said, adding that requirement would also rule out smaller projects where certification would present a problem in terms of cost.

At this point, plans for renovations or expansions to existing building are not recommended for inclusion.

Selectman Dwight Bardwell moved for inclusion of the ordinance on the board's Feb. 25 agenda, with an eye toward placing the request before the voters on the May ballot.

The board also discussed the use of contingency funds for winter maintenance; changes to the Accessory Dwelling Unit ordinance to require the floor area of such units not to exceed 750 square feet or the total gross floor area of existing residence, whichever is more restrictive, and gathering more information for its ongoing review of the Residential Growth Ordinance.

In other business, the board approved the annual Harbor Usage Fees and appointments to the board and approved the sale of town-owned property at 10 Tom's Way, Map 36/Lot 62.

The next regular meeting of the board is scheduled for Feb. 25 at 7 p.m. at the York Public Library.