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04-29-1999 CC MIN - BOA e MEETING OF THE ELK RIVER CITY COUNCIL ACTING AS THE BOARD OF REVIEW HELD AT THE SHERBURNE COUNTY GOVERNMENT CENTER THURSDAY, APRIL 29, 1999 Members Present: Council members Dietz and Farber. Councilmember Klinzing arrived at 6:30 p.m. Members Absent: Council members Thompson and Motin Staff Present: Sandra Peine, City Clerk Also Present: Ty Bischoff, Sherburne County Assessor and staff members from the Sherburne County Assessor's Office 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Board of Review was called to order at 6: 1 0 p.m. by Councilmember Dietz. Councilmember Dietz noted that the Mayor would be delayed. He further noted that the Council would take no formal action until a full quorum of the council was present. e Sherburne County Assessor Ty Bischoff explained that the purpose of the meeting which is to review the 1999 assessed property value. He stated that in order to be consistent with the state requirement of staying within 90 - 105% of the actual market value, an overall increase of approximately 5% was applied to all property in the city. The County Assessor explained that each grievance would be heard by the Board of Review on an individual basis. 2. Timothy Ehr - 75-522-0348 Mr. Ehr explained that his property value increased from $166,300 to $173,900 which equates to a 4.5% increase. Mayor Klinzing arrived at this time (6:30 p.m.) Council member Dietz noted that this increase was consistent with the overall increase which all property owners received. Tim Ehr stated that the homes in his neighborhood are being sold at much lower prices than the value placed on them. e Ty Bischoff indicated that there have been many unusual circumstances in the Royal Oaks Ridge plat. It was noted that several homes have been sold during the past 18 months at prices much lower than the assessed market value. After much discussion regarding this issue, Ty Bischoff recommended. an area-wide reduction of 7% in assessed property value to all property in the Royal Oaks Ridge plat due to the area being depressed. Ty Bischoff noted that there is one property owner in the Royal Oaks Ridge plat who has requested that his market Board of Review Minutes April 29, 1999 Page 2 . value be increased. Ty Bischoff recommended that this particular market value not be decreased with the other Royal Oaks Ridge market values. COUNCILMEMBER DIETZ MOVED TO REDUCE THE ASSESSED MARKET VALUE FOR THE ENTIRE ROYAL OAKS RIDGE PLAT BY SEVEN PERCENT 7% WITH THE EXCEPTION OF PARCEL NO. 75-5220125. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 3-0. COUNCILMEMBER DIETZ MOVED TO RECESS THE MEETING OF THE BOARD OF REVIEW. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 3-0. The meeting of the Board of Review recessed at 6:40 p.m. Mayor Klinzing reconvened the Board of Review meeting at 6:42 p.m. 3. Ed Jensen - 75-519-0115 Mr. Jenson stated that the property value of his town home on Proctor Avenue has increased from $88,900 to $98,600. Assessor Greg Olson reviewed some comparable town home sales in the area and noted that the property value has increased due to the popularity of town homes. He further noted that all of the townhomes in that area received an increase of 10% in their assessed market value. e COUNCILMEMBER DIETZ MOVED TO MAKE NO CHANGE IN THE ASSESSED MARKET VALUE FOR PARCEL NO. 75-519-0115. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 3-0. 4. Ron Woeste - 75-499-0230 Mr. Woeste stated that his property value increased from $193.400 to $201,300. It was noted by the Council that this was the general increase given to all property in the City. Mr. Woeste indicated that he did not feel his home was appraised fairly due to the fact that when he purchased the home it had not had the general maintenance required of a home. He noted that the home needs windows replaced, to be re-roofed plus many other general maintenance items need to be accomplished. COUNCILMEMBER DIETZ MOVED TO HAVE THE ASSESSOR RE-EVALUATE THE HOME AND TO LEAVE THE APPRAISED VALUE AT THE DISCRETION OF THE ASSESSOR FOLLOWING RE-EV ALUATION OF THE PROPERTY. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 3-0. Assessor Ty Bischoff informed the Council that all of the modified two-story homes in Elk River are over-valued. He noted that the ratio of assessed value for this style of home is on the high end, ranging from about 101% - 107%. Ty Bischoff recommended that the Council consider reducing the value of this style of home. e COUNCILMEMBER DIETZ MOVED TO REDUCE THE VALUE OF THE BASE SQUARE FOOTAGE BY 10% OF ALL MODIFIED TWO-STORY HOMES IN THE CITY OF ELK RIVER. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 3-0. Board of Review Minutes April 29, 1999 Page 3 e 5. Adiournment There being no further business, Mayor Klinzing adjourned the meeting. The Board of Review meeting adjourned at 7:05 p.m. Sandra Peine City Clerk e e e To: Elk River Board of Review From: Assessors Office Date: 04/29/99 Re: Listed Modified Two Story Houses needing an adjustment. 75-522-0250 75-589-0415 75-522-0320 75-590-0020 75-538-0112 75-592-0110 75-538-0244 75-592-0115 75-545-0315 75-592-0120 75-554-0210 75-592-0145 75-565-0108 75-592-0215 75-565-0306 75-592-0405 75-568-0205 75-592-0610 75-568-0215 75-592-0620 75-569-0110 75-595-0155 75-569-0130 75-595-0160 75-569-0216 75-595-0230 75-569-0302 75-595-0240 75-571-0105 75-595-0250 75-573-0314 75-595-0255 75-574-0205 75-595-0260 75-574-0210 75-595-0265 e 75-574-0220 75-595-0410 75-580-0205 75-595-0415 75-580-0405 75-595-0420 75-584-0225 75-595-0430 75-584-0235 75-595-0435 75-585-0110 75-595-0455 75-585-0120 75-601-0135 75-585-0140 75-604-0320 75-585-0145 75-608-0230 75-585-0245 75-608-0232 75-585-0515 75-609-0120 75-585-0615 75-609-0135 75-585-0620 75-609-0205 75-585-0720 75-609-0215 75-585-0910 75-609-0250 75-586-013~ 75-609-0255 75-586-021 75-617-0120 75-586-0230 75-586-0235 75-586-0240 75-588-0215 75-588-0220 e