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Margherita Gale Harris <br /> 783 Boulder Drive <br /> Orono, MN 55356 <br /> Apri113, 2007 <br /> City Council as <br /> Local Board of Appeal and Equalization <br /> City of Orono <br /> PO Box 66 <br /> Crystal Bay, MN 55323 <br /> Re: 783 Boulder Drive <br /> 33-118-23 11 0009 <br /> Ladies and Gentlemen: <br /> The purpose of this letter is to appeal the 2007 value of my property which was <br /> increased from $627,200 to $681,000. This property is located in the Stone Bay development <br /> where there has been and continues to be major issues which adversely affect the market price of <br /> my property including: <br /> -- I am in discussions with John Terrence Homes, developer, concerning <br /> remediation of wetland violations by JTH that immediately affect my property; <br /> -- The subsequent developer, Arnie Zachman, plans to construct a new unit <br /> immediately east of my unit, which does not match the initial plans shown to me <br /> by JTH. If constructed as proposed by Zachman,the access to my property and <br /> the "street appeal" would be substantially diminished; <br /> -- Stone Bay as an overall development has, in my view, "stalled"and for purposes <br /> of valuation, my unit is in competition with new housing being put on the market <br /> by the developer; <br /> -- Issues such as the increased water table resulting in a substantial loss of trees in <br /> the common areas could adversely affect valuation. <br /> In summary, I believe that there should be no increase in valuation this year and <br /> that the amount should continue as previously valued at$627,200. <br /> Any modification of value until the items described above are resolved would be <br /> unfair and would not accurately reflect the true fair market value of my property. <br /> Very truly yours, <br /> ..�---- _ <br /> . \ <br /> Marghenta a1e Harris <br /> Cc: City Assessor <br />