06-23-1986 Council Packet - Laserfiche WebLink

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3. The LaBreshes acquired the property in 1950. The property was sold on an unrecorded contract for deed to Meline and Belden in January, 1986. 4. A small cabin in severe disrepair existed on the property prior to November, 1985, at which time it was demolished by the owner per City Permit No. 5827 dated 11/4/85 to forestall Hazardous Building Action by the City of Orono per City Council Resolution No. 1857 dated September 9, 1985. The building foundation was not removed and re- mains on the site in a hazardous condition. 5. The property was assessed 1 sewer unit for the 1963-1 sewer project and the cabin was connected to municipal sewer in 1972. The total amount of the sewer assessment was $644.80. 6. The valuation of the property for tax purposes has been as follows: Year Land 1986 $34,100 1985 38,200 1984 38,200 1983 38,200 1982 34,800 1981 20,600 1980 13,900 (LV) 1979 9,300 (LV) 1978 7,300 (LV) 1977 6,050 (LV) 1976 1975 1974 LV - Limited Value Taxable Market Value Total Structure Est. Market $2,200 $36,300 2,200 40,400 2,200 40,400 2,200 40,400 2,000 36,800 1,400 22,000 700 (LV) 19,300 700 (LV) 16,000 700 (LV) 12,000 720 (LV) 7,500 - 6,160 - 5,600 - 5,600 The tax valuations suggest that the land has been recently valued as a lakeshore builc:iny site for tax purposes. However, the tax assessor's assignment of valuation to property is merely an opinik.-n based on the perceived existing or allowable uses of a parcel of property. The assigned valuation of this property might change substantially as a result of this clarification of allowed uses of this property. 7. The Orono Planning Commission reviewed this application at a Public Hearing on December 16, 1985 and tabled the application pending applicant's receipt of information regarding the possible purchase of an adjacent parcel of land. Paae 3 of 6