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050389 CC BR Min . . . ~ ~~. CITY OF SHOREWOOD BOARD OF REVIEW WEDNESDAY, MAY 3, 1989 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD 7:30 P.M. MINUTES CALL TO ORDER The Shorewood City Council reconvened the Board of Review in the Council Chambers, at 7:30 P.M., Wednesday, May 3, 1989. The re- convene was a continuation of the April 19, 1989, Board of Review to review assessed valuations placed on real estate value. ROLL CALL Present: Mayor Haugen, Councilmembers Gagne, Brancel, Watten and Stover. Staff: Clerk Kennelly, City Assessors Rolf Erickson, Dave Wilde and Rita Griderian and Hennepin County Assessor Kermit Benson. APPLICANTS TO THE BOARD OF REVIEW The following property owners have returned to the Board of Review for additional consideration to lower their real estate value. Maude Wadsworth 5460 Howards Point Road 31-117-23-11-0005 Ms. Wadsworth requested that her valuation be returned to the 1987 value. She stated that the Marina on her north and the vacant lot to the south being used as a lake access, devalued her pToperty. She stated that a fence has not been installed on the Spaulding lot as agreed upon at a prior Council meeting. Gagne moved, seconded by Brancel, to reduce the valuation from 111,100.00 to 99,700.00 (67,400-Land 32,300-Building). Motion carried- 5 ayes. Kitty Franzen 24875 Yellowstone Trail 33-117-23-34-0007 Ms. Franzen appeared before the Board of Review for the first time. She has agreed to the determinedl value set by the assessor at the conclusion of his inspection. Tim Sexton 5355 Elmridge Circle 29-117-23-34-0011 Mr. Sexton stated that his property valuation should be reduced due to the low water level of his lakeshore. He is not able to use his boat from that location. Mr. Erickson has not seen a reduction in selling prices of lakeshore due to the low water levels. Brancel moved to accept the assessors valuation of 332,000 representing no reduction, seconded by Gagne. Motion carried - 4 ayes - 1 nay Haugen. -1- MINUTES - WEDNESDAY, MAY 3, 1989 PAGE 2 . Karen Zubert 5320 Elmridqe Circle 29-117-23-34-0007 Ms. Zube~t said her valuation has increased $86,000 in the past two years. She has a very shallow lakeshore even in a normal water level year. She felt her home should be decreasing due to age, not increasing. Brancel moved, seconded by Gagne, to accept the assessors original valuation of 394,500. Motion carried - 5 ayes. Walter Bean 5285 St. Albans Bay Road 25-117-23-33-0034 Mr. Bean stated that a 13% increase in one year was to high when a $900.00 decrease was set in 1987. Erickson explained an error in identifying the correct parcel. Watten moved, seconded by Brancel, to accept the original assessors valuation of $97,800. Motion carried - 4 ayes - 1 nay Stover Jim Slaughter 5570 Old Market Road 36-117-23-12-0054 . Mr. Slaughter said his valuation increased 48,400.00 or 20% in one year. Slaughter originally paid 316,000.00 for their home but stated that due to the custom building to their needs, they can't sell the house for the $295,900 assessed value. The assessor has reduced the valuation from 305,100 to- 295,900. Gagne moved, seconded by Watten, to accept the assessors recommendation of 295,900. Motion carried - 5 ayes. Bart Baker 20014 Vine Street 25-117-23-31-0028 Mr. Baker was present to request a further reduction in assessed valuation on his property. He requested the value be set at 285,000 the value of the building permit. He stated that he greatly over built the neighborhood and did not have the amenities as equally priced homes in subdivisions. Watten moved, seconded by Gagne, to accept the assessors reduced valuation from $374,900 to 334,500. Motion carried - 5 ayes. Additional Valuation Changes Brancel moved, seconded by Gagne, to approve the assessors recommenda- tion to reduce the valuation of the following list after inspections were done: . -2- MINUTES - WEDNESDAY, MAY 3, 1989 PAGE 3 . Larry Buesgens 20090 Excelsior 25-117-23-31-0006 $100,400 to 98,400. John Moo~e Lot (Bracketts Road) 35-117-23-33-0032 $15,600. to 10,000. Moonyeen Bongaards 25360 Birch Bluff Road 28-117-23-33-0028 $259,200. to 240,300. Donald willis 24835 Yellowstone Trail 33-117-23-34-0006 $126,600. to 118,500. Edmund A. Post (Geneva) 28050 Woodside Road 31-117-23-24-0007 $320,700. to 299,800. Stuart Finney 19710 Chartwell Hill 36-117-23-13-0026 $310,900. to 270,100. Total 33-117-23-24-0013 33-117-23-31-0002 33-117-23-31-0004 33-117-23-32-0014 $1,352,00. to 1,010,500. Minnetonka Country Club 24575 Smithtown Road . Dorothy Lane 5660 Christmas Lake Point 35-117-23-14-0004 $188,500. to 183,000. Ed Boltman 5710 Grant Lorenz Road 32-117-23-13-0028 $131,300. to 127,900. Alan Erickson 4885 Suburban Drive 25-117-23-23-0064 $67,200. to 60,400. Kuempel Chime Clock Co. 21195 Minnetonka Boulevard 26-117-23-14-0084 $127,900. to 113,800. 26-117-23-14-0062 $71,900. to 64,000. ADJOURNMENT Brancel moved, seconded by Watten, to adjourn the final Board of Review meeting for the City of Shorewood at 9:37 P.M., Wednesday, May 3, 1989. Motion carried - 5 ayes. . . Sandra L. Kennelly City Clerk RESPECTFULLY SUBMITTED, -3-