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h <br />MINUTES OF THE BOARD OF REVIEW MEETING <br />HELD APRIL 29, 1993 <br />ROLL <br />The Boa'‘d of Review met on the above date with the following <br />members present; Mayor Edward Callahan, CounciImembers J. Diann <br />Goetten, Gabriel Jabbour, Charles Kelley and JoEllen Hurr. The <br />foilowing represented the City staff; City Administrator Ron <br />Moorse, City Assessors Rolf Erickson, Dave Wilde and Tom Haller, <br />County Assessor Tom Scherer, and City Recorder Teri Naab. Mayor <br />Callahan called the meeting to order at 7:30 P.M. <br />Mayor Callahan read a letter to the Board from Rolf Erickson <br />explaining the process used to determine market value. He requested <br />appellants to state their <br />number, 1993 market value, <br />worth. All appellants were <br />the Assessor or provide <br />Ieaving. <br />name, address, property identification <br />and what they believe the property is <br />I nstruc to make an appointment with <br />the necessary documentation prior to <br />Audrey Qq I and , 2476 Dunwood / Avenue . »20-1 1 7-23 .2.1__OOOLjLi. 1993 value <br />$101,300 and 1992 value was S92,000. She felt the property has not <br />increased in value since purchased 4 years ago at $87,400, and the <br />only improvements made were to the roof and basement. She added she <br />lives on a private road. <br />Erickson noted that they saw a large Increase in demand for lower <br />priced properties, and also the Interest rates are lower so more <br />homes are selIing. <br />Ogland stated she does not understand why her value should be <br />driven by mortgage rates. She said she would like her home <br />rev Iewed. <br />Marian pglse. 2437 Dunwocdv Avenue. #20-1 17-23 22 0012.. 1993 value <br />$177,500, 1992 value $162,700. She stated this is a $14,800 <br />increase In one year. She added the value has increased $155,000 <br />In the last :5 years and they have not improved the property any. <br />She reported sr e does not have a garage and lives next door to <br />three conduim #'1 properties <br />Callahan Inquired as to what she thought it is worth. <br />Beise said that would depend on how much she spent on necessary <br />repairs, but no more than $150,000. <br />Erickson asked the Board if it would be appropriate for appellants <br />to schedule a time to meet with the Assessor and leave the meeting <br />without stating their complaint. <br />4 <br />{