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� <br />� ORONO COUNCIL MEETING HELD NOVEMBER 10, 1975 Page 8 <br />� Dick Benson, City Administrator, discussed I976 ASSESSMENT INCREASE <br /> Hennepin County's letter to the City of Orono <br /> which states that: <br /> V <br /> "This is to report to you the findings of our <br />� ratio studies that give us the best indication <br /> � of the amount of inflation that must be <br /> considered when preparing your 1976 assessment <br />� lists. <br /> � As you can see from the accompanying chart, •3.t <br /> will require an average increase of 13.2 percent <br /> � to arrive at market value in your 1976 assessment. <br /> Unless you have good reasons to disprove these <br />! findings, it would be well to reflect this <br /> � amount of market growth in 1976, since these <br /> are the sales that we will use in measuring <br /> � your assessment level for 1976. <br />♦ In the past, we have made personal visits to <br /> � most of the Municipalities to discuss our <br /> finding with assessors and managers, but time <br /> � is too short for us to make all of these calls <br /> this year. We will, on request, be happy to make <br /> t, such a visit to explain our positions concerning <br /> County wide equalization. We prefer to make <br /> such calls, if possible, during normal office <br /> hours, but let us know if you need help at any <br /> time, <br />� Please make this information auailable to your <br />�, manager, or with the proper official in your <br /> jurisdiction. <br /> A <br /> The idea has been discussed that it may be of <br /> � help to you if we prepare the transaction list <br /> • on which you will return the 1976 values with <br /> an aggregate increase to reflect this inflation. <br />� You would then change the 25$ that were re-appraised <br /> and any others that you would want changed, but <br /> leave those that you felt were "on value" alone. <br /> This would save much clerical work in your office <br />� and key punch work here at the County. We will <br /> hope to discuss the proposal further at our <br />• November 12th Red Coach meeting. " <br />� R. W. Martin <br />� Hennepin County Assessor <br />� The City Council requested the Administrator <br /> to reguest Mr. Glenn Hawkyard, [�est Hennepin <br />� County Assessor, to be present at a future <br /> Council meeting to discuss Hennepin Courlty's <br /> � proposalo <br />• <br /> i <br />� <br />