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MINUTES OF THE <br />ORONO BOARD OF REVIEW MEETING <br />Wednesday, April 25, 2001 <br />• 7:00 o'clock p.m. <br />parcels of land and is a combination of commercial and residential, homestead and non - homestead. <br />Rivers stated the only use this property can be used for is a marina. Rivers indicated he does not own <br />enough land at this location to legally build a house in the City of Orono. Rivers stated his business is <br />limited due to the size of the property and will probably not increase much in the future. <br />White inquired whether this report has been shared with the Assessor's Office. <br />Rivers stated he would be willing to provide it. <br />Jensen inquired whether he has spoken with Chris Bennett, the appraiser who does valuations of <br />marinas. <br />Rivers stated he has not. <br />Rennerfeldt stated the Assessor's Office will contact Rivers. Rennerfeldt stated marinas have <br />experienced some big jumps in the last couple of years. <br />9. Dan Crear, 1980 Spates Avenue, PID 10-117-23 42 0022. Crear indicated he purchased this <br />property for $2,200 to get rid of an eyesore in the neighborhood. Crear stated this property used to <br />house an old gas station and as a result the land has become contaminated over the years. Crear stated <br />Hennepin County does own an easement on this property which allows them to take approximately 30 <br />percent for a highway if they so choose. <br />Crear commented he has a concern regarding how fast the value on this property has increased over the <br />past few years. Crear stated at the present time the value of the property is $3,300, and due to the <br />land being contaminated, he will be unable to do anything with this property for the next 20 or 30 years <br />Crear stated this property has no value to anybody since it is contaminated. <br />Sansevere inquired whether the Assessor's Office was aware that it was contaminated. <br />Jensen stated they were not aware of that fact. <br />Crear stated the contamination of this piece of property is well documented. Crear indicated he did have <br />the oil tanks removed out of the ground. Crear noted there currently is a lift station located illegally on <br />the property, and if he chooses, he could charge the City of Orono rent for the use of that land. <br />Jensen stated the $3,300 land value was arrived at because they considered this land as a buffer zone <br />and were not aware of the contamination. <br />10. Terry Morse, 2080 Spates Avenue, PID 10- 117 -23 310079, 0080, 0081, and 0084. Morse <br />indicated last year's market value was approximately $1,500 on each lot. At the time he purchased <br />them in the mid 80s, their value was approximately $1,000. Morse stated this year's value has increased <br />on three of the lots to $30,000, with the other one being valued at $20,000. Morse indicated the limited <br />market value has increased from $1,300 to $4,100. <br />Jensen stated the Assessor's Office did review this site this year, with these lots being looked at as one <br />• property. Jensen stated the total there were a number of sales in this area, which has increased the <br />value of the land in this area. <br />PAGE 5 <br />