4.1. SR 04-18-2016 City of
Elk Meeting of the Elk River Board of Appeal and Equalization
River Held at Elk River City Hall
Monday, April 11, 2016
Members Present: Mayor Dietz, Councilmembers Burandt,Wagner, and Olsen (6:04
P.M.)
Members Absent: Councilmember Westgaard
Staff Present: City Clerk Tina Allard and Executive Secretary/Deputy City Clerk
Jessica Miller
Also Present: Assistant County Administrator/Commercial Assessor Dan Weber,
County Assessor Greg Olson, Residential Appraiser Cindy Bowman,
Residential Appraiser Beth Boysen,Agricultural Specialist Kristi
Botzek, Commercial/Industrial Appraiser William Riley, and
Appraiser Shelly Maloney 'N
I. Call Meeting to Order 'NW&
Pursuant to due call and notice thereof, the meeting of the Elk River Board of
Appeal and Equalization was called to order at 6:00 p.m. by Mayor Dietz.
2. Board of Appeal and Equalization
Greg Olso'n,'SherburneACounty Assessor;indicated` e purpose of the Board of
Appeal and Equalization is to consider and review 2016 estimated market values and
property classifications for taxes payable in 2017.
Information was presented on the assessment procedures and statistics for the City
of Elk River 2016 assessments.
No one was present to appeal to the Board of Appeal and Equalization. Mr. Olson
reviewed the following assessor recommendations:
1. 2015-3 I1-12 Borrower L.P. Parcel Identification Number 75-694-1206
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Wagner and seconded by Councilmember Olsen
to adjust the value of parcel 75-694-1206 from $229,500 to $216,000 as
recommended by the county assessor. Motion carried 4-0.
2. 2015-3 I1-12 Borrower L.P., Parcel Identification Number 75-474-0140
Mr. Olson distributed a handout on the above parcel.
Board of Appeal and Equalization Minutes Page 2
April 11,2016
-----------------------------
Moved by Councilmember Olsen and seconded by Councilmember Wagner
to adjust the value of parcel 75-474-0140 from $251,900 to $245,000 as
recommended by the county assessor. Motion carried 4-0.
3. Judith Ann Ranallo, Parcel Identification Number 75-130-1101
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Wagner and seconded by Councilmember Olsen
to adjust parcel 75-130-1101 from $197,000 to $194,500 as recommended by the
county assessor. Motion carried 4-0.
4. James Angle, Parcel Identification Number 75-126-2110
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Wagner and seconded by Councilmember Olsen
to adjust parcel 75-126-2110 from $192,800 to $183,800. Motion carried 4-0.
5. Joseph Yaritz, Parcel Identification Number 75-503-0236
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Olsen and seconded by Councilmember Burandt
to adjust parcel 75-503-0236 from $354,000 to $351,300 as recommended by the
county assessor. Motion carried 4-0.
6. Mitchell Johnson, Parcel Identification Number 75-126-1100
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Wagner and seconded by Councilmember Olsen
to adjust parcel 75-126-1100 from $224,100 to $204,800 as recommended by the
county assessor. Motion carried 4-0.
7. FTK Properties Inc. —Etal, Parcel Identification Number 75-806-0002
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Wagner and seconded by Councilmember Burandt
to adjust parcel 75-806-0002 from $770,800 to $694,200 as recommended by the
county assessor. Motion carried 4-0.
8. I1-14 Property Minnesota LP, Parcel Identification Number 75-635-0115
Mr. Olson distributed a handout on the above parcel.
pUwIRIO 0Y
NATUREI
Board of Appeal and Equalization Minutes Page 3
April 11,2016
-----------------------------
Moved by Councilmember Wagner and seconded by Councilmember Olsen
to make no change to parcel 75-635-0115 as recommended by the county
assessor. Motion carried 4-0.
9. 2015-111-12 Borrower L.P., Parcel Identification Number 75-714-0140
Mr. Olson distributed a handout on the above parcel.
Moved by Councilmember Olsen and seconded by Councilmember Burandt
to make no change to parcel 75-714-0140 as recommended by the county
assessor. Motion carried 4-0.
3. Adjournment
There being no further business,Mayor Dietz adjourned the meeting of the Elk
River Board of Appeal and Equalization at 6:22 p.m.
Minutes prepared by Jessica Miller.
John J. Dietz,Mayor
Tina Allard, City Clerk
UREJ