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050191 CC BR Min . ..,..... . . . , CITY OF BROREWOOn .CONTINUE BOARD OF REVIEW WEDNESDAY, MAY 1, 1991 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD PAGE 1 M I NUT E S CALL TO ORDER Mayor Brancel called the meeting to order at 7:00 P.M. Brancel informed the audience that they needed to signup to speak to the Council . ROLL CALL Present: Mayor Brancel, Councilmembers Gagne, Stover, Lewis and City Assessor Rolf Erickson. Absent: Councilmember Daugherty, APPROVAL OF MINUTES A. Board of Review Minutes - Monday, April 15, 1991 Stover moved, Gagne seconded, to approve the Board of Review Minutes for April 15, 1991 with the following correction: the time should be 7:00 P.M. Motion carried - 4/0. BOARD OF REVIEW Brancel told the audience that the City's share of property taxes is 17.9% and this is down from 19% last year. She said the County gets 26.4%, the School District gets 48.4% and the remainder goes to other metro ag.encies. The Council agreed to approve the assessor's recommendations for assessment. Gagne moved, Stover seconded, to approve the assessor's recommendations for property tax assessment as follows: NAME PID NO. 33-117-23-23-0037 31-117-23-11-0005 34-117-23-44-0036 25-117-23-31-0006 25-117-23-31-0007 31-117-23-34-0024 35-117-23-32-0037 CHANGE IN ASSESSMENT 1. 2. 3. 4. 5. 6. 7. Aagaard Wadsworth Nelson Buescens Buescens Wachholz Moore No Change $99,700 $104,400 No Change $500 $442,300 No Change 1 . . . "'," ~CITY OF SHOREWOOD CONTINUE BOARD OF REVIEW WEDNESDAY. MAY 1. 1991 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD PAGE 2 8. Moore 9 Sanders 10. Sider 11. Boltman 12. Henderson 13. Bongaards 14. Burns 15. Brill 16. Olander 17. Morgovsky 18. Morgan 19. Check 35-117-23-33-0032 25-117-23-32-0039 34-117-23-21-0027 32-117-23-13-0028 33-117-23-24-0017 28-117-23-33-0028 29-117-23-43-0008 34-117-23-42-0019 31-117-23-13-0022 34-117-23-23-0049 36-117-23-14-0001 31-117-23-11-0007 No Change $145.000 $85.100 $133.200 No Change $245.200 No Change $72.600 No Change Abatement No Change No Change Motion carried - 4/0 S.E. SANDERS - said he still has problems with his assessment. The council said he should go to the next Hennepin County board of review. Sanders asked about abatements for previous years. ROLF ERICKSON - CITY ASSESSOR Erickson said the County board will make a completely independent assessment of the property. He said Sanders may be eligible for an abatement for previous years. Erickson told Sanders to call the County for an appointment. He said the County will only hear a certain number of resident complaints and the appointments fill fast. He urged the residents to call immediately. RESIDENT asked if the comparables are available to residents. Erickson said there is a book of comparables which was left at City Hall for the residents to review. RESIDENT asked what happens if there are no sales in an area. Erickson said they look as far as they have to for a comparable sale. SANDERS asked if the appraisal or the sale price of his property is used for tax purposes. Erickson said Sander's property was an estate sale and therefore sold at a price less than the appraisal. DANIEL W. JAMES - 19735 CHARTWELL - PID NO. 36-117-23-13-0022 James said his tax value is more than his purchase price. He said the value as of 1990 was $483,000 and he purchased the house for $410,000. Erickson said he has no assessed the Waterford area yet. This area has been left open and the State has agreed to this. He will be doing about 40 properties in the area. Brancel said the Board of Review will reconvene on Monday, May 20th at 7:00 P.M. for further questions. 2 . . . '". '. CITY OF SHOREWOOD 'CONTINUE BOARD OF REVIEW WEDNESDAY. MAY 1. 1991 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD PAGE 3 James asked about an abatement on his property for 1990. Erickson said he will send out the papers. WALLACE MORTENSON - 23530 YELLOWSTONE Mortenson said he doesn't think the values in his area have increased. Brancel told him his property was reviewed by the assessor and he felt no change was necessary. Gagne said the Council has agreed to uphold the finds of the assessor. Gagne moved. Lewis seconded. to approve the City Assessor's value on the Mortenson property as follows: 1 . Mortenson 34-117-23-31-0055 No Change Motion carried - 4/0 DAN CHECK - 5490 HOWARD'S POINT ROAD - PID NO. 31-117-23-11-0007 Check said he refinanced his house and the property was appraised at $192.500. He said ~is 1990 assessed value was $198.100 and his 1991 is $214.400. He asked about the discrepancy. Erickson said many of the banks are being conservative about their loan policies and the land appraisals are sometimes less than the County. JANUE - 5480 Howards Point Road Janue said they purchased their house in 1987 for $199.000 and the house has increased in tax value by 25% in the past three years. Erickson said the Oct. 1989 to Sept. 1990 home values were used for the 1991 tax assessments. He said sales now will be reflected in the 1992 assessments. He said sales are UP in Shorewood. Erickson said he can look at the house. ERIC JOHNSON - 5825 DIVISION ST. - PID NO. 35-117-23-31-0007 Johnson said he purchased the house for $83.000 and it is now being assessed for $88.000. He said it is only a two bedroom house and he doesn't think $88.000 is the proper value. Erickson said he will look at it. EDWARD SONER - 26100 BIRCH BLUFF ROAD - PID NO. 29-117-23-43-0006 He said he talked to Erickson but has not heard back from him. He said the property was value at $103.500 in 1988. $114.100 in 1989. $150.300 in 1990 and $150.900 in 1991. He said it went up 65% in 1990 and he doesn't think this is right. He said the real estate firm of Remax said the house is worth $135.000. ~ . . . . -r ,1 CITY OF SHOREWOOD , CONTINUE BOARD OF REVIEW WEDNESDAY. MAY 1. 1991 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD PAGE 4 . Erickson said he will look at the property. He said Birch Bluff Road has not had many sales in the past few years. Therefore. the taxes jumped in 1990. SCOTT DAY - 25985 BIRCH BLUFF ROAD - PID NO. 29-117-23-44-0039 He said he just moved into his house and it is partially completed. He asked if the market value is based on the land. Erickson said the value of his property is $40,000 for the land and $22,000 for the building. BOB NYGAARD - 4785 LAGOON - PID NO. 30-117-23-31-0002 He said his value was up 8-9% but it has been stable the last nine years. He said the changes in valuation on his street have been inconsistent. Erickson said there have been three sales on the Island and they have all been inconsistent. He said he would look at the property. JON MORGAN - asked about his value. The Council said they had already agreed there would be no change in his value. However, he can appeal to the tax court. Morgan said he should not be included in the assessments of Waterford. PAUL KASTER - 25535 BIRCH BLUFF ROAD - PID NO. 28-117-23-33-0024 . He said he bought his house for $52,000 8 months ago and it is now valued at $62,000. Brancel said he can come back on the 20th for their decision. RAYMOND BROCKHOUSE - 25960 BIRCH BLUFF ROAD - 29-117-33-44-0007 He said he built his house in 1971 and the value has increased 10 times but his salary has not. He said his taxes are UP $1600 this year. Brockhouse said the Realtor said the house could sell for $250,000 and it is assessed for $298,000. Erickson said he will look at the property. ADJOURNMENT At 8:10 P.M., Brancel continued the Board of Review meeting to Monday, May 20, 1991 at 7:00 P.M. RESPECTFULLY SUBMITTED ~j~/It~ . Katie Snyder Recording Secretary 4