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MINUTES OF THE <br />2008 LOCAL BOARD OF APPEAL AND EQUALIZATION <br />Wednesday, April 16, 2008 <br />7:00 o'clock p.m. <br />afternoon and going through Sunday. Due to the loud music, they are unable to be outside on the <br />weekends. <br />The property has been up for sale for over three years and the potential buyers are turned off by the <br />loud music. Uran indicated they have spoken with the water patrol, gone before the LMCD, but not <br />much has been done to curtail the activity. The loud music and congregation of boats occurs every <br />single weekend throughout the summer. <br />Mrs. Uran indicated they initially listed it for $900,000 three years ago and received one offer for <br />$525,000 last year. The property consists of 350 feet of lakeshore, but only 25 feet is useable and the <br />rest is cliff. Uran indicated they also have to share the 25 feet with the neighbor, who has a 10 -foot <br />easement. <br />McMillan asked whether they have spoken with the assessor. <br />Mrs. Uran stated they have. The cabin is very small and consists of 585 square feet. They have been <br />told by the assessor that the primary reason for the valuation is due to the land and not the home. <br />Currently they do not have it listed because they do not have it for sale during the winter. Uran stated <br />it is difficult to compare this property because there are no comparables. <br />McMillan concurred that this is a unique situation given its location. <br />`/ <br />• <br />Mr. Uran stated the music goes until 2:00, 3:00 o'clock in the morning and they have been told by the <br />Water Patrol that they cannot issue tickets. • <br />McMillan asked if the assessor has visited the property'recently. <br />Davy stated approximately four or five years ago they visited the island. At 475 Big Island there was <br />a sale last year, which was used as a comparable. Davy stated there are not many sales on Big Island <br />and that this property did not experience an increase the year before. <br />McMillan rioted the use of the land on Big Island is also seasonal. <br />Murphy commented this is a unique situation and that the City of Orono is concerned about what <br />happens on Big Island. Murphy recommended the assessor review this property further. <br />The Orono Board of Appeal directed the Hennepin County Assessor to visit the Urans' property and <br />review their information. <br />2. John Weist, 1920 Concordia Street, PID 17- 117 -23 23 0006 <br />Weist stated his property valuation for 2008 was $285,000. He has resided in the house for <br />approximately 35 years and feels that a valuation of $235,000 would be more reasonable. The <br />assessor visited the property in 2002 and was told that his property was valued higher given the <br />surrounding million dollar homes. Weist stated he does not have lakeshore and the house consists of <br />1100 square feet. Weist commented he is unsure who would purchase the property given the small <br />size of the house. • <br />PAGE 2 of 18 <br />it <br />