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06-18-1987 CC MIN - BOR e e e MEETING OF THE BOARD OF REVIEW HELD AT THE ELK RIVER CITY HALL THURSDAY. JUNE 18. 1987 MEMBERS PRESENT: Mayor Gunkel. Councilmembers Dobel. Schuldt. and Tralle MEMBERS ABSENT: Councilmember Holmgren ALSO PRESENT: Ty Bischoff. County Assessor and Jerry Kritzeck. Deputy Appraiser The meeting of the Board of Review was called to order at 7:00 p.m. by Mayor Gunkel. 1. Robert Nelson - 20620 Concord Street Ty Bischoff explained that this appeal is a continuation from the May 21. 1987. Board of Review meeting at which there were some questions on a raquetball court at the Nelson residence which is not yet complete. Jerry Kritzeck indicated that he and John Cullen. Assessor. had gone to the Nelson residence again and went through the raquetball court. At this time Mr. Nelson supplied the assessors with cost statements for labor and materials. Jerry explained that a partition of the house consisting of 820 square feet of lesser finish had been reduced from $37.19 per square foot to $25.00 per square foot. The raquetball court is being valued at $21.00 per square foot. The Nelson residence was originally valued at $176.200 and the Assessor proposed a reduction to $168.700. Mr. Nelson questioned the reduction due to the incomplete raquetball court from $26.34 per square foot for 820 square feet. a total of $4.378.80. There was a discussion on the total square footage which differed with Mr. Nelson and the Assessor. Jerry Kritzeck and Mr. Nelson took their figures into another room to settle the difference while the Board of Review continued their meeting. 2. George Adamski - 14334 NE 96th Street George Adamski was present to discuss Lot 6. Auditors #3. with exceptions which is an Industrial Lot where Mr. Adamski has a molding business for plastics and die cast. His complaint was the increase in taxes and his feelings of a value decrease because of what the City is doing. Mr. Adamski stated that his employees have a very difficult time getting in and out of the business due to the backup of traffic at the stoplight on Proctor and Highway 10. Mayor Gunkel questioned whether or not Mr. Adamski had discussed the problem with either the City Street Department or the Police Department. Gunkel stated that this problem would be addressed to staff. Board of Review Minutes June 18. 1987 Page 2 e rhe service road length was discussed and also the access to Highway 10 in front of Cretex. Suggestions line before of: were the made by the Board of Review and Mr. Adamski to paint a service road and install a sign something to the effect "DO NOT BLOCK INTERSECTION" "STOP HERE ON RED" "STOP BEFORE SERVICE ROAD" Discussion was also held on access to Proctor form the rear of the building or cutting across a lot owned by Beaudry which Mr. Adamski stated he would check into. In 1981. Mr. Adamski's property was valued at $137.000. in 1986. it was valued at $141.700. an increase of 3% in Adamski agreed that the land value was not a real concern get better control of use of the intersection. Being reassessed land value. Mr. but does want to No action was taken on this appeal. Jerry Krtizeck and Robert Nelson presented their agreement to the Board of Review for approval. e COUNCILMEMBER TRALLE MOVED TO APPROVE A REDUCTION IN THE VALUE OF ROBERT NELSON'S RESIDENCE FROM $176.200 TO $168.700. COUNCILMEMBER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 4-0. Ty Bischoff discussed sales ratios with the Board of Review and how Elk River compares to other communities. He stated that the Elk River sales ratio is at 90-92%. Other surrounding communities. Bischoff stated. were Rogers 76% and Monticello 44%. (Sales ratio is the market value divided by the sale price). A question was raised asking how tax values downtown compare to the shopping center. It was stated that it is hard to make a comparison because of the structures and the lot sizes. Mr. Bischoff discussed the shopping center with the Board of Review. He stated that the shopping center was valued at $3.014.800 and continued by saying that the shopping center has petitioned the courts over the value. No date has been set for this case. Bischoff stated that another tax case in court at this time is the Balmore Apartments. e Discussion was held regarding tax increment financing. The Evans Park Project is a tax increment project valued at $1.332.000. The shopping center and Pamida are also in a tax increment financing district but Bischoff does not feel these projects are in jeopardy. Dickenson Bus Garage located in Princeton. which has petitioned the court to reassess the value from $1.600.000 to $800.000. could put a damper on the minimum agreement of tax increment financing. e e tit Board of Review Minutes June 18. 1987 Page 3 ------------------------------------- Ty Bischoff stated that he received a call from John Plaisted regarding Coast to Coast. The assessed value is $408.900 and Mr. Plaisted would like to see this reduced to $348.287.84. Plaisted was unable to attend the meeting. Bischoff advised the City to hold off from taking any action on this until the two current tax cases are settled. COUNCILMEMBER DOBEL MOVED TO ACCEPT THE VALUATION OF THE ASSESSOR'S ON COAST TO COAST. COUNCILMEMBER TRALLE SECONDED THE MOTION. THE MOTION CARRIED 4-0. There being no further business. COUNCILMEMBER DOBEL MOVED TO ADJOURN THE MEETING. COUNCILMEMBER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 4-0. The meeting of the Board of Review adjourned at 8:10 p.m. {Jcvn u-u- 6l/)af-luj;tJ7l-j ~ Danille B. Mathison Recording Secretary