043001 Board of Review Min
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CITY OF SHOREWOOD
BOARD OF REVIEW
MONDAY, APRIL 30,2001
5755 COUNTRY CLUB ROAD
COUNCIL CHAMBERS
6:00 P.M.
MINUTES
1. RECONVENE BOARD OF REVIEW MEETING
Chair Love called the meeting to order at 6:04 P.M.
A.
Roll Call
Present:
Chair Love; Boardmembers Garfunkel, and Zerby; Administrator Dawson; City
Assessor's Keith Rennerfeldt and Jeff Huff
Absent:
Boardmembers Lizee, and Turgeon
B.
Review Agenda
Zerby moved, Garfunkel seconded, approving the Agenda as presented. Motion passed 3/0.
2. APPROVAL OF MINUTES
A Motion to Approve the Board of Review Meeting Minutes of April 23, 2001
Zerby moved, Garfunkel seconded, approving the Board of Review Meeting Minutes of
April 23, 2001. Motion passed 3/0.
Boardmember Lizee arrived at 6:05 P.M.
3. CONSIDERATION OF A MOTION REGARDING CITY ASSESSOR'S
RECOMMENDATIONS
Assessor Huff explained four properties had been reviewed and comparable grids had been
prepared and distributed to Boardmembers. He noted three of the four properties reviewed
resulted in no change, and one property had been given a reduction due to an error on a map that
had been corrected upon accurate inspection of the property.
Chair Love thanked the City Assessors for their effort in providing the Board with the
comparable grids. He noted the grids demonstrated good information and assurance of accurate
work.
Mr. Duane Laurila, 5595 Eureka Road, PID 33-117-23-22-0015, was the sole audience
member this evening. He asked Mr. Huff to explain the information provided on the comparable
grid. Chair Love also explained the grid was considered an industry standard and used in many
market valuation situations, such as refinancing a home, or appraising a home to be placed on the
market for sale. Mr. Laurila stated he was concerned that with this practice any home valuation
could be "made" to resemble that of another. He also considered this practice to be "a best
estimate" of a home valuation, rather than an accurate determination.
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RECONVENED BOARD OF REVIEW MEETING MINUTES
APRIL 30,2001
Page 2 of2
Lizee moved, Garfunkel seconded, approving the City Assessor's Recommendations as
presented. Motion passed 4/0.
Chair Love again thanked the City Assessors for their hard work in reviewing these properties.
4. ADJOURN
Lizee moved, Zerby seconded, adjourning the Reconvened Board of Review Meeting of
April 30, 2001, at 6:14 P.M. Motion passed 4/0.
RESPECTFULLY SUBMITTED,
Sally Keefe,
Recording Secretary
Woody Love, Mayor