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ltem+t09-CC'Agenda-07/23/20/2 � <br /> Hennepin Counry Assessing Contract(Page ll of/2J <br /> Contract No. A120484 <br /> EXHIBIT A <br /> CITY OF ORONO <br /> During the contract term, the County shall: <br /> 1. Physically inspect and revalue 20% of the real property, as required by <br /> law. <br /> 2, Physically inspect and value all new construction, additions and <br /> renovation. <br /> 3. Adjust estimated market values on those properties not physically <br /> inspected as deemed necessary per sales ratio analysis. <br /> 4, Prepare the initial assessment roll. <br /> 5, Print and mail valuation notices. <br /> 6. Respond to taxpayers regarding assessment or appraisal problems or <br /> inquiries. <br /> 7. Conduct valuation reviews prior to Board of Review or Open Book <br /> Meetings, as determined by the City--approximate dates: March through <br /> May 15. <br /> 8. Attend Board of Review or conduct Open Book Meeting. Prepare all <br /> necessary review appraisals, Approximate dates: April 1 — May 31. <br /> 9, Maintain an updated property file—current values, classification data and <br /> characteristic data. <br /> 10. Prepare divisions and combinations as required. <br /> 11. Administer the abatement process pursuant to Minn. Stat, §375,992. <br /> 12. Prepare appraisals; defend and/or negotiate all Tax Court cases. <br /> (11) <br />