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HomeMy WebLinkAbout05-12-1997 Board of Review Minutes0 0 ORONO BOARD OF REVIEW MEETING MINUTES FOR MAY 12, 1997 ( #I) ROLL CALL The Council met on the above mentioned date with the following members present: Mayor Gabriel Jabbour, Council Members J. Diann Goetten, Charles Kelley, Barbara Peterson, and Richard Flint. Representing Staff were City Administrator Ron Moorse, City Attorney Tom Radio, City Assessors Rolf Erickson and Dave Wilde, and Recorder Sherry Frost. Mayor Jabbour called the meeting to order at 6:30 p.m. ( #2) COUNCIL ACTION ON ASSESSOR'S RECOMMENDATION Erickson noted the submission of an appraisal for Matthew Nicoll on property located at 160 Smith Avenue, #02- 117 -23 -21 -0029. While acknowledging the credentials of the appraiser, Erickson said he did not agree with all of the adjustments made therein. He stands by his assessed value. The following residents called after the April 23 local board meeting regarding their assessment: 1) Cary R. Farley 10- 117 -23 -31 -0031 1250 Arbor Street Crystal Bay, MN 55323 3) Ernest C. Blanchard 20- 117 -23 -21 -0032 2585 Dunwoody Avenue Wayzata, MN 55391 5) John Eiden 23- 117 -23 -32 -0066 330 Big Island ( #3) PUBLIC COMMENTS 2) Tyrone A. Bucey 20- 117 -23 -23 -0020 2677 Casco Point Road Wayzata, MN 55391 4) Bartz and Johnson 07- 117 -23 -11 -0009 830 Windjammer Lane Orono, MN 55364 6) Elizabeth Norton 02- 117 -23 -34 -0000 1399 Orono Lane Wayzata, MN 55391 Steve Mosley, 1635 Bohns Point Road, said he requested the assessor to revisit his property. Erickson referred the Council to page 15 of the report. He said he sent Mosley a letter recommending no change in the assessed value. Mosley said he felt there were major discrepancies between his property and those used as comparisons. Erickson said the properties noted were not comparable sales but only sales. Jabbour informed Mosley that the assessed value must be within 5% of the true value. He said the Council relied on the assessor as their expert in this area. He indicated the Council will only override the assessed value if there are obvious discrepancies. MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING HELD ON MAY 12,1997 ( #3 Public Comments - Continued) Mosley asked on what basis the increased value is determined. • Kelley noted that the appraised value of Mosley's property increased on an average of 2.88% each year, which is in line with the real estate market. Mosley said the assessed value increased 58% in four years but based it on the assessed value at the time he purchased the property. Jabbour clarified that the value of the property is adjusted to the sales price at the time of purchase. He noted that the assessed value and sales price eventually meet. Mosley was informed that he would be required to have a professional appraisal if he took his appeal to court. Erickson said Mosley would be given the opportunity to drop the appeal if the County's appraisal was higher than the assessed value. Erickson informed Mosley that the properties within Orono are diverse making assessments difficult at times. Kelley noted that the main value of properties is in the land itself. Jabbour indicated there are many properties that are torn down and rebuilt. Mosley said his property is limited in the size of the footprint for any type of expansion. • Erickson said individual properties are reviewed every four years for updating of assessed value. Council action: Goetten moved, Peterson seconded, to adopt the assessment schedule as presented with the addition of the six properties noted above. Vote: Ayes 5, Nays 0. ADJOURNMENT Mayor Jabbour adjourned the meeting at 6:45 p.m. .� bbour, Mayor ATTEST: is