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MINUTES OF THE BOARD OF REVIEW MEETING <br />HELD APRIL 29, 1993 <br />Rick HollenkAmo. 1513 Bay Ridge Road,_i 10-11—QQ.Qfl> 1332 <br />valu« was $225,500. Hs said ha purchasad this proparty in 1979 for <br />$170,000. Tha rasidanca is 1,350 s.f. In 1982 tha valua Incraasad <br />64*. at which tima ha appaarad bafora tha Board and tha valua <br />rainainad tha sama. Sinca that tima it has Incraasad $129,000 or <br />122*. Ha notad his shorallna Is a soft, mud bottom, not sandy, and <br />tha traffic in front of his rasidanca has incraasad. Ha rafarrad <br />to thraa propartlas which racantly sold In tha nalghborhood and <br />not J all hava largar homas and battar propartlas. Oava WlIda has <br />agraad tha valua is too high. <br />Dan Parkins. 55 Landmark Driva._#06-117-23 22 001 1993 valua <br />$339,800. Ha statad ha purchasad tha proparty In Oacambar 1992 for <br />$320,000, aftar It was listad for $325,000. <br />Erickson ciarifiad that this is tha rasidanca that sustainad fira <br />daiaaga and quastionad who ha purchasad from. <br />Parkins said that is tha corract homa, and thay purchasad diractly <br />from tha original ownar. <br />Callahan agraad tha markat valua should ba lowarad to raflact tha <br />sailing prica. <br />Jannifar Dotzanroth. 3225 Casco Circla. ^^Qrl17-23 43 QQ21.i. 1JJ3 <br />valua $212,000, 1992 valua $186,100, or a $26,000 incraasa. Sha <br />axplainad tha rasidanca is only valuad at $5,900 and naads to ba <br />razad. Sha quastionad tha axorbitant incraasa in land valua. Sha <br />notad many issuas afflicting lakashora ownars such as Incraasad <br />dansity, arosion, and mil foil. Sha fait somathing has to ba dona <br />to raliava tha tax burdan for tha aidarly and lowar incoma <br />familias. <br />Goattan statad thay ara walI awara of tha concarns of tha Community <br />and thay ara always willing to taka tha tima to listan. <br />Callahan indicatad tha currant aconomic conditions driva tha markat <br />valua, but it takas savaral yaars for proparty ownars to raallza <br />tha changa. <br />Jabbour axplainad tha City racaivas tha sama amount of taxas <br />ragardlass of tha assassad valoa. Ha addad if tha total assassad <br />valua is too low tha County or tha Stats will incraasa it. Ha <br />statad this Council doas support lagislatlon to hald tha aidarly <br />and lowar Incoma familias to stay in thair homas. <br />Ootzanroth fait tha 15* incraasa was axcassiva. <br />i <br />j