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MINUTES OF THE RECONVENED BOARD OF REVIEW MEETING <br />HELD MAY 10, 1999 <br />0 ROLL <br />The Orono Board of Review met on the above date with the following members present: Mayor <br />Gabriel Jabbour, Council Members Barbara Peterson, Charles Kelley, and Bob Sansevere. <br />Council Member Flint was absent. The following represented City Staff: City Administrator Ron <br />Moorse, Hennepin County Appraiser Kim Jensen, Hennepin County Senior Appraiser Bill Davy, <br />Hennepin County Appraisal Supervisor Keith Rennerfeldt, and Recorder Lanette Wolf. The <br />Reconvened Board of Review was called to order at 6:30 p.m. <br />APPROVAL OF MINUTES <br />Peterson moved, Kelley seconded, to approve the minutes of the Board of Review Meeting <br />held April 28,1999, as submitted. VOTE: Ayes 4, Nays 0. <br />Mayor Jabbour stated that Hennepin County, at the request of the property owners, reviewed the <br />1999 Estimated Market Values on several properties in Orono. Hennepin County has submitted a <br />list of those properties with their original 1999 EMV and a recommendation based on the <br />County's review. Jabbour asked if there was anyone who wished to speak at the Reconvened <br />Board of Review. <br />• Paul Kaster, 2600 Casco Point Road, stated the assessed value of his property has been raised <br />81% over the past two years and he objects to the increase. <br />Jabbour stated that Hennepin County recommended no change in the County's proposed <br />Estimated Market Value of Mr. Kaster's property. <br />Davy stated that the Casco Point Road area did have an increase over the past two years due to <br />the ratio of sales to assessed values. <br />Jabbour stated he is sympathetic to Mr. Kaster's situation. Jabbour said he understands there has <br />been an unsuccessful attempt to introduce legislation that would cap the property tax amount at a <br />percentage of the gross income of a person who has lived in his home in excess of 10 years and is <br />over a certain age. <br />Kaster said there is a large disparity between the assessed value and the sale price of neighboring <br />properties. He said that by using the high sales prices, any assessed value can be substantiated. <br />He said he understands that the appraisers are following the guidelines set for them. <br />Jabbour asked the assessor if unusually high sales are used to determine market value of <br />neighboring properties. <br />• Davy said an unusually high sale price would not be used for market valuation. <br />Page 1 <br />