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l-r iIVk <br />► -■ <br />'; • <br />H' <br />'•m' <br />■^1, <br />•i/' <br />tv-' <br />n <br />I' <br />#/"■' <br />lifK <br />* <br />rf <br />®HP4 5 <br />MINUTES OF ORONO 1992 RECONVENED BOARD OF REVI <br />HELD MAY 11, 1992 <br />% <br />»«ROLL <br />The Reconv0n*d Bodrd of Review met on the above date with the <br />following members present: Mayor Barbara Peterson, Counciimembers <br />Qabriel Jabbour, Mary Butler and J. Diann Goetten. Edward Callahan <br />was absent. The following represented the City staff: City <br />Administrator Ron Moorse, Public Works Director John Gerhardson, <br />City Assessor Rolf Erickson, Assistant City Assessor Dave Wilde, <br />and City Recorder Terl Naab. Mayor Peterson called the meeting to <br />order at 6:00 P.H. <br />Harvey Anderson. 1101 Willowbrook Drive. PIP# 26~1 18-23 41_0003 a <br />0006. felt the new val uat I on was still i nequ I tab I e and Inconsistent <br />with the surrounding neighborhood. He stated the property next <br />door which Is fairly comparable is for sale for $30,000 more than <br />his asking price and yet It was originally appraised almost $50,000 <br />less than his home and after the adjustment is still $19,000 less <br />than his home. He noted another house down the street was valued <br />at $24,000 more than his house in 1981 and since then have <br />installed a pool, and until the adjustment was made, his property <br />was valued at $19,000 more than that property. <br />Jabbour stated they are told by the Legislature based on the fair <br />market value. <br />Anderson said that on his street there are seven homes which are <br />In Orono and several M Medina. The properties In Orono have been <br />raised more than those in Medina. He noted a property that Is <br />comparable to his home on Salem Court which just sold for $265,000 <br />and his realtor has suggested lowering his selling price. He said <br />his wife asked the assessor why the discrepancy between the 1981 <br />valuation between the two houses and the 1992 valuation. The <br />answer was there must be some specific reason. <br />Erickson explained that he has reviewed the properties In Medina <br />and felt the valuations for those properties were correct. He <br />explained that last year Medina realized some substantial <br />Increases. He said the 1981 valuation mean nothing for this <br />review. <br />Anderson said his property abuts County Road 6 and the valuation <br />for his property Is the same as those setting further back from the <br />road. He noted his asking price for the property is $339,000. <br />Butler felt that the assessor’s valuation <br />asking price of the property. <br />was near enough the <br />Anderson explained that price is considered to be the top dollar <br />amount to be expected from a sale of the property. <br />1