04-29-1992 Council Minutes Board of Review

Home Browse Search

MINUTES OF ORONO 1992 BOARD OF REVIEW MEETING TM HELD APRIL 29, 1992 ROLL The Board of Review met on the above date with the following members present: Mayor Barbara Peterson, Councilmembers Gabriel Jabbour, Edward Callahan, and Mary Butler. J. Diann Goetten was absent. The following represented the City staff: City Administrator Ron Moorse, City Assessor Rolf Erickson, Assistant City Assessors Dave Wilde, Paul Kingsbury and Tom Hailer, and City Recorder Teri Naab. Mayor Peterson called the meeting to order at 7:00 P.M and introduced Mr. Erickson. Erickson explained that the Board would hear those in attendance and an appointment would be set up to see any properties which had not been reviewed this year. After that, he would make a recommendation to the Council. He stated that 25% of the City is physically reviewed each year, and this year they reviewed the Navarre, Forest Lake, West Arm area. He explained that vacant land realized some major changes because of new laws in effect. He noted that - hIs office received many questions regarding the Highway 12 corridor and explained that market value does not reflect what may happen In the future. Changes in market value will be realized only after the change. He stated that valuations are based on comparable sales from October 1, 1990 to September 31, 1991. Erickson stated that the Board could only review valuations for 1992, payable 1993. Any changes to past valuations 'or taxes payable in 1992 must be dealt with through the abatement process or court appeals, which must be received by the County Assessor's office no later than May 15, 1992. Jerry Kelley 4495 Bays Ide Road, PID# 06- 117 -23 21 0004, stated the 1992 valuation is $86,900. An - appraIsaI done for a mortgage in December of 1991 valued the property at $65,000. He noted the assessor stated the valuation would be changed for 1993 to $79,000. Erickson stated they would review the property. John Daibec, 1565 Orono Oaks Drive, PID# 35- 118 -23 33 0008, stated the 1992 valuation Is $228,900 and felt it should be $185,000 as that is what he purchased the property for on November 20, 1992. Erickson noted they would review the property. Toni Anderson 1400 Park Drive, PID# 07 -117 23 41 007 noted the 1992 valuation is $68,200. She felt the valuation should be $52,000 based on a recent appraisal which valued the property at $70,600 less the dollar amount for repairs to the property and the foundation. The estimated repairs included: $8,237 property damage, $8,160 foundation damage.