05-09-1994 Council Minutes Reconvened Board of Review

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i MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING • HELD MAY 9, 1994 ROLL The Board of Review met on the above date with the following members present: Mayor Edward Callahan, Councilmembers J. Diann Goetten, Charles Kelley and JoEllen Hurr. The following represented City staff: City Administrator Ron Moorse, City Assessors Rolf Erickson and Dave Wilde, and City Recorder Lin Vee. Mayor Callahan called the meeting to order at 7:02 p.m. Mayor Callahan explained that the City Assessors have contacted the 51 property owners who had asked for reconsideration of their 1995 property valuations. Discussion will proceed as the property owners had signed in and then any properties the Council wishes to further discuss will be added. Charles Percival. 2732 Caroline Avenue 20- 117 -23 24 0041. Mayor Callahan noted the Assessor's recommendation had been reduced by $30,000 with much of the adjustment related to the building. Percival still does not feel he is being equitably assessed compared to the adjacent homes. The land values are reasonable for all four adjacent properties but the building values range from $78 /s.f. to $118 /s.f. He believed the Smith house on Casco, which the Assessor felt was comparable, was valued at $105 /s.f. Erickson commented that there are many variables that determine the cost per square foot, including finished basements, fireplaces, • bathrooms, garages and quality of the house. Looking at the gross living area is not a comparable value. Percival would be willing to accept the value of $105 /s.f. which is supposed to be the highest quality of the Casco Point home yet his home is valued at $118 /s.f. Erickson stated Percival's house was a better quality home than the Smith home and the value calculated out to $110 /s.f. Valuations are based on comparable sales, not comparable neighboring homes. It was moved by Hurr, seconded by Goetten, to continue with the reduced recommendation of the Assessor at $666,700. Ayes 4, nays 0. Harvey Reder. 3598 Livingston Avenue 17- 117 -23 43 0034, commented on three items that may not have been considered by the Assessors: 1) Zoning district is 1/2 acre and his property is less than 1/2 acre; 2) No heat to the top floor; 3) In the west side yard, the structure is too close to Blaine Avenue which is a problem under new code. He felt the valuation to be about 10 % too high. He wished he had appealed last year's valuation as he felt that was too high even though there was little change for the 1995 valuation. Erickson stated that the off -lake property type increased 1.4% as a whole. The overall lakeshore class increased 8.6 %. Reder's property was actually valued $100 less than the 1994 valuation. It was moved by Goetten, seconded by Kelley, to use the Assessor's recommended value of $65,000. Ayes 4, nays 0. • 1