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MimJTES OF THE RECONVENED BOARD OF REVI <br />HELD HAY 10. 1993 <br />ROLL <br />Th« Board of Ravlaw mat on tha abova data with tha following <br />mambars praaant: Mayor Edward Callahan, CouncIImambara J. DIann <br />Goattan, Gabrial Jabbour, and Charlaa Kallay. JoEllan Hurr arrivad <br />at 7:56. Tha following rapraaantad tha City staff: <br />Administrator Ron Moorsa. City Assassors Rolf Erickson and Dava <br />WlIda. Mayor Callahan caliad tha maating to order at 7:30 p.m. <br />Mayor Callahan axplainad tha Board has racalvad racommandatIons <br />from tha Assessor for tha 46 properties for which tha owners have <br />questioned tna value. Ha said If property owners still are not <br />satisfied, they retain their right to appeal to tha County. Ha <br />noted there are a number of people who contacted tha Assessor <br />wishing to prsssrvs thsir right to sppssi, snd thst list Is <br />included In the packet. He said he feels we have a very strong <br />A9%99%or doing a very tough Job. He reiterated the assessments are <br />complied by mass appraisals using comparisons and sailing ratios. <br />Ha pointed out tha area actually reviewed this year was North Shore <br />Drive. The appraised values compared to tha selling ratio indicated <br />ths msrkst vsiuss wsrs spproxImatsIy 14S lowsr. Tha County rsquirss <br />a valuation of 92 to 93* or tha value is automatically raised. <br />Mayor Callahan noted there were soma properties which <br />by the Board at the last meeting, and those will be Included In the <br />approval motion. <br />Grea Gerard, 2610 Maoleridge Lane. #21~117r_2_3—2J—OQMa <br />Mayor Callahan noted at the first meeting, they decided tha value <br />should be reduced to $250,000. <br />John Icson. 1620 Shadvwood Road. »17-117-23 21 00.12^. <br />Jabbour felt this value should be further reduced. <br />Mayor Callahan noted tha appraisal changed oy reducing the land <br />value. <br />Jabbour agreed that lakeshore property is a premium, but at the <br />same time property adjacent tci commercial SJulJv <br />public landing. Is not worth as much. He said due to the County <br />Roads abutting this property, the public access across the road, <br />and the parking along the street, the value should be reduced. <br />Kelley noted the similar parcel adjacent to this home that Just <br />sold for $235,000.