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9 135E <br />May 7, 1996 <br />Rolf E.A. Erickson, City Assessor <br />City of Orono <br />P.O. Box 66 <br />Crystal Bay, MN 55323 <br />Dear Mr. Erickson: <br />A short question for you: Please explain how a house <br />originally built in 1910 can continue to appreciate in <br />value? If anything, a house this old depreciates. Believe <br />me, I know. (It was revalued up $5000 for 1997 taxing.) <br />I understand the increases in iakeshore land, but not for <br />these old houses. (We did have 2 small additions in the 80s.) <br />Please advise. <br />Sincerely. <br />Thomas B. Swanson <br />1740 Shadywood Rd. <br />Orono, MN 55391 <br />471-0408 <br />I.D. 17-117-23 21 0020