05-09-1994 Reconvened Board of Review Minutes

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MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING HELD MAY 9, 1994 ROLL The Bt>ard of Review mel on the above dale with the following members present- Mayor Edward Callahan. CiHincilmembers J. Diann Goetten. Charles Kelley and JoEllen Hurr. The folU>wihg represented City suff: City Administrator Ron Moorse, City Assessors Rolf Erickson and Dave Wilde, and City Recorder Lin Vcc. Mayor Callahan called the meeting to order at 7:02 p.m. Mayor Callahan explained that the City As.sesst)rs 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 Avemie. 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 $ll8/s.f. He believed the Smith house on Casco, which the Assessor fell was comparable, was valued at $105/s.f. Erickson commented that there are many variables that determine tte cost per square foot, including finished basements, fireplaces, bathrooms, garages and quality of the house. Ltxiking at the gross living area is not a comparable value. Percival wi>uld 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 $l 10/s.f. Valuations arc 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 flot>r; 3) In the west side yard, the strucnire is too close to Blaine Avenue which is a problem under new code. He felt the valuation to be about 10% t(Hi 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. I