05-09-1994 Reconvened Board of Review Minutes

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MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING HELD MAY 9, 1994 Willanl Shull. 1125 Sorin? Hill Road. 26-118-23 42 0004. staled he had sent a letter to Rolf Efkkson. He did not feel there were any comparable sales in Oront) for his pn»perty. Erickson fyid done a full apfvaisal two years ago. There is a con^cnation easement on the pn.^rty which Erickst>n Ux>k into consideration or the valic wcaild have been higher. Shaill ’bought his valuation should stay at S478.000. the 1994 valuation. Hurr explained that only 1/4 of the City is actually visited each year even though values increase thrt»ughout the City. Shull has 7 acres. He did not feel there should be any escalation of values due to the alternate routes being considered for Highway 12 near his property. Mayor Callahan did m>t think the increase was excessive in relation to other increases in the City. It was moved by Mayor Callahan, seconded by Kelley, to wsxcpt the recommendation of the Assessor at S504.500. Ayes 4, nays 0. Mayor Callahan asked if there were any property valuations Councilrnembers wished to discuss that were included in the Assesstir’s RectHiimendation Booklet but owners were not present to discuss. Hurr stated she would not support a reduction in the valtK: of North Sliore Drive Marina (Page #18). 3222-3250 North Shore Drive. 08-117-23 41 0004. 0005. 0006. from $509,300 just because tterc was a change of ownership. It was moved by Hurr, seconded by Kelley, to leave the valuation at $509,300 since that was the price that was paid for recent acquisition. Ayes 4, nays 0. Erickson stated there was confusion about the valuation on this because one owner indicated there was no different kind of development to be considered for this property. However, it now seems there may be a possible change. Since this is near the edge of a residential zone, it is possible it may be used more beneficially in another way and Erickson would agree with leaving the valuation at $509,300. The property consists of three parcels at approximately four acres. Goetten asked to further discuss Page 5, Walter Wolfe. 1250 Spruce Place. 08-117-23 32 0008. She referred to Wolfe’s discussion of needed repairs at the May 9 Board of Review and asked if Mr. Wolfe’s statements were correct. Gail Navratil noted there was some updating ol the home but Erickson was unsure as to what other improvements would be needed. Goetten also questioned Page #42, Albert Hanscr. 1685 Fox Street. 03-117-23 44 0004. She noted the valuation doubled and asked about the reasons. Hurr added that the recommendation actually was reduced by $55,000. Erickson stated the quality of the house was a factor since they had not been in the residence prior to the appeal. It was moved by Mayor Callahan, seconded by Hurr, to accept the recommendation of the Assessor on all properties not previously addressed. Ayes 4, nays 0.