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Board to direct the Assessor for the City to redur the proposed <br />1986 recreational value on the golf course bac., to the 1983 <br />recreational value. <br />Councilmember <br />Frahm stated the Board should not get involved <br />with the valuation <br />of golf courses and felt <br />the original <br />intent <br />of the formula was <br />right. He stated that he <br />would <br />be willing to <br />go back to the 1985 <br />value for one year, a• <br />his <br />was the first <br />year that the new <br />formula for recreationa <br />-ue <br />had been used. <br />He also stated the <br />golf courses should wc, <br />aith <br />the Assessors <br />and Hennepin County <br />to adjust the formula and <br />make <br />it equal. <br />Councilmember Hammerel stated that the formula needs equity. <br />It was moved by Councilmember Frahm, seconded by Mayor <br />Butler that the 1986 recreational va ues for the three golf <br />courses in the City of Orono, Lakeview ,-lf Course, Woodhill <br />Country Club and Wayzata Country Club, be kept at their 1985 <br />recreational values for this year only. <br />Lakeview Golf Course 1985 and 1986 taxable value <br />P.I.D. <br />Land <br />Bldg. <br />Total <br />06-117-23 <br />32 <br />0002 <br />310,000 <br />310,100 <br />06-117-23 <br />33 <br />0005 <br />4,400 <br />4,400 <br />06-117-23 <br />13 <br />0007 <br />4,400 <br />4,400 <br />07-117-23 <br />12 <br />0001 <br />2,700 <br />2,700 <br />Woodhill <br />Country Club <br />1985 and <br />1986 taxable value <br />P.I.D. <br />Land <br />Bldg. <br />Total <br />02-117-23 <br />12 <br />0001 <br />423,200 <br />122,600 <br />545,800 <br />Wayzata Country Club 1985 and 1986 taxable value <br />P.I.D. <br />Land <br />Bldg. Total <br />36-118-23 <br />13 <br />0002 <br />35,500 <br />35,500 <br />36-118-23 <br />13 <br />0003 <br />6,000 <br />6,000 <br />36-118-23 <br />14 <br />0010 <br />66,200 <br />66,200 <br />36-118-23 <br />34 <br />0001 <br />148,400 <br />148,400 <br />36-118-23 <br />34 <br />0002 <br />4,700 <br />4,700 <br />36-118-23 <br />42 <br />0003 <br />1.70,100 <br />170,100 <br />36-118-23 <br />43 <br />0001 <br />181,200 <br />1,470,000 1,651,200 <br />36-118-23 <br />44 <br />0001 <br />117,000 <br />117,000 <br />The Board acknowledges that Hennepin County is trying to equalize <br />the golf courses with a formula, however the City of Orono feels <br />the formula is not correct at this time. Motion 3 Ayes 0 Nays. <br />Councilmember Adams abstained. <br />James Rivers - P.I.D. 11-117-23 22 0004, 11-117-23 22 0005, <br />11-117-2_3 22 0_00_6_, 11-1_17-23 22 0007 and 11-117-23 22 0010. <br />Assessor F,r ickson stated that he did not have time to complete <br />the review of this property. He had met with Mr. Rivers at 8:00 <br />a.m. today. Erickson stated he had used the same type of <br />E <br />