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MINUTES OF THE <br />ORONO BOARD OF REVIEW HEARING <br />Wednesday, April 24,2002 <br />7:00 o'clock p.m. <br />Edwards inquired whether an independent appraisal would be beneficial, noting he did have an appraisal <br />done a few years ago. <br />Jensen stated an independent appraisal costs approximately $350 and would be the decision of the <br />property owner. Jensen stated the County Assessor’s Office would review an independent appraisal if <br />one is supplied. <br />White noted an independent appraisal would need to be completed prior to May 13"'. <br />Flint noted they are in the process of phasing out this limited market value. <br />White stated there is an opportunity to get some tax relief for people who are retired or semi-retired, and <br />provided the information to Mr. Edwards. <br />The Local Board directed the County Assessor’s Office to visit this property. <br />7. Judy Rogosheske indicated her husband is George Funk, 540 Old Crystal Bay Road South, PID <br />04-117-2 42 0023. Rogosheske stated her property' valuation has increased by over $200,000 this year, <br />noting their house is over 100 years old and has not undergone any major improvements in recent years. <br />Rogosheske stated there is no basement under the residence, has a tuck-under garage, and is in need of a <br />new roof. Rogosheske indicated they live on a fairly busy road, which in her opinion decreases the value <br />of their property. <br />Rogosheske requested the County Assessor’s Office visit her office. <br />White inquired what the valuation was last year. <br />Rogosheske stated last year her valuation was around $500,000, and is now over $700,000. The property <br />consists of approximately seven acres. <br />Jensen stated the County Attorney’s Office has not visited this property this year, noting the valuation for <br />this year is $733,000, with last year’s valuation being $518,000. Jensen stated the land is currently <br />valued at $418,000, with their records showing 6.8 acres. Jensen stated that averages to approximately <br />$73,000 an acre, which is average for this area. <br />The Local Board requested the County Assessor’s Office visit this property. <br />Mayor Peterson noted the City received the following written appeals: <br />John Stielow, Outlot A, Hartwood, PID 15-117-23 21 0007 <br />Dale K. Mahaffy, 290 Hollander Road <br />Rick Windenburg and Shirley Hendrickson, 3200 North Shore Drive, Wayzata <br />PAGE 7