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MINUTES OF THE <br />RECONVENED 2012 LOCAL BOARD OF APPEAL AND EQUALIZATION <br />Monday, April 30, 2012 <br />6:00 p.m. <br />_____________________________________________________________________________________ <br /> <br /> Page 1 <br /> <br />ROLL CALL <br />The Orono Board of Appeal and Equalization met on the above-mentioned date with the following <br />members present: Mayor Lili Tod McMillan and Council Members Cynthia Bremer, Doug Franchot and <br />David Rahn. Representing Staff were City Administrator Jessica Loftus and Finance Director Ron Olson. <br />Hennepin County Assessor Tom Kunik was present. <br />Mayor McMillan called the meeting to order at 6:00 p.m. <br />APPROVAL OF MINUTES - APRIL 18, 2012 <br />Bremer moved, Rahn seconded, to approve the minutes of the Orono Board of Appeal and <br />Equalization of April 18, 2012, as submitted. VOTE: Ayes 4, Nays 0. <br /> <br />COUNCIL ACTION ON ASSESSOR'S RECOMMENDATIONS <br /> <br />Kunik stated only one of the four properties, 360 North Arm Lane, requested an inspection. His <br />recommendations on the valuations are as follows: <br /> <br />1. Brian J. & Emily L. Hedeen, 360 North Arm Lane – following an inspection of the property, the <br />valuation was reduced from $636,000 to $592,000 based on the condition of the home, comparables and <br />recalculation using the computer assisted mass appraisal system. <br /> <br />2. T.P. & E.H. (Betsy) LaBelle, 539 Keene Avenue – original estimated market value of $607,000; <br />no change recommended. <br /> <br />3. William & Nancy Bockmann, 1130 Loma Linda Avenue – original estimated market value of <br />$746,000; no change recommended. <br /> <br />4. John & Phoebe Stavig, 780 Brown Road North – original estimated market value of $585,000; no <br />change recommended. <br /> <br />Mr. Hudeen, 360 North Arm Lane, thanked the Council for their time. He indicated he is considering <br />some improvements in the next year and is aware the assessment may change. <br /> <br />Kunik stated if any of these four property owners still want to appeal, they would call the phone number <br />on the valuation notice to make application for the County Board. Another appraiser from the Hennepin <br />County Assessor’s Office would visit the property and the comp grid would be used for the County <br />Board. <br /> <br />Rahn asked about the $200,000 reduction in one year on the Loma Linda property. <br /> <br />Kunik noted the property value dropped 0.21% from 2010 to 2011 as there were no comparable sales at <br />that time, with the big drop in value this year. Sales this year dropped and the assessor visited the site. <br />The assessors have been looking at site adjustments for properties with water access in the winter because <br />of complaints. This property had a site adjustment in accordance with equalization of other sites. <br /> <br />Item #04 - CC Agenda - 05/14/2012 <br />Approval of Reconvened Local Board of Review April 30, 2012 <br />[Page 1 of 2]