HomeMy WebLinkAbout05/18/1992 TENTATIVE AGENDA
BOARD OF REVIEW
ADJ.REG.SESSION SHAKOPEE, MINNESOTA MAY 18, 1992
LOCATION: City Hall Council Chambers
Chair Robert Sweeney presiding
1] Roll Call at 7 : 00 P.M.
2] Robert Drury, Parcel #27-001224-0
3 ] Darlene Schesso, Parcel #27-002047-0
4] Patricia Goldberg, Parcel #27-929014-1
5] Joseph Kruger, Parcel #27-024104-0
6] Leonard Lee, Parcel #27-034033-0
7] Harland Lipker, Parcel #27-034055-0
8] Leonard Sotelo, Parcel #27-001070-0
9] Others:
a]
b]
c]
d]
e]
10] Members of the audience:
a]
b]
c]
d]
11] Close the Board of Review
12 ] Move that the findings of the Board of Review be approved and
sent to the County Auditor for certification
13] Adjourn
Dennis R. Kraft
City Administrator
DON D. MARTIN
SCOTT COUNTY ASSESSOR
1.1111/1!!!!!
1 - . COURTHOUSE 112 •
ti a 428 S. HOLMES ST.
SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLDI
To: The 1992 Sharepee Bead os Review
Date: May 13, 1992
Subject: Robe, t Dnuny Pnopetty
Patt.ceL #27 001 224 0
Desc`iip-i(cn P.tepuLty: This pupenty .ins Located at 322 B. 2nd Avenue.
The .lot - 60 x 142
The 44tcuctunez include a 1 3/4 atony home casttcucted in 1890 +. The
home has a 1 agony poAtion os 170 aquate Beet and a 1 3/4 atony pon Lon
os 703 aquate seed. Total gnound goon area ,vs 873 aquane deet. The
home has a edicts, 1 bath, 4 bednooma, apace heat. The gatcage -cis at-
tached and .ins 22 x 15.
1992 Va.JuatZon Insonmat.on:
1992 tot value $15,400
1992 4t-tuctune value $ 7,600 [Value agneed to by Mn. Dnutr.y] .
1992 total value $23,000
w.ctu.ng .ins in need os nepaL't, extetuon wa t4 ane ctcacfaed, house s.loou a.lant,
water damage to 2nd gook.
DiAt goon in cette&.
Home stoma on iuii.inoad to tck4.
Other In of ma:i.on: The home ways puneha-sed in Oe tobenc, 1989 son $15,50,0 nom
the estate os Pat is i.a A. Adcox.
An Equal Opportunity lAffirmatiue Action Employer
DON D. MARTIN 3
SCOTT COUNTY ASSESSOR
COURTHOUSE 112 •
• ,_= 428 S. HOLMES ST.
SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLD'
To: The 1992 Shakopee Board 06 Review
Date: May 13, 1992
Subject: Daws tene Sche-s6o Pnopen ty
PaAce.t #27 002 047 0
Desch.Lp ion 06 P/Lopetty: Thi6 p/LopeJlty .located at 927 SommeAvitte Stteet.
The tot , 90 x 150.
The home -ins a H Oto/Ly home which wa- con4txucted in 1956. The home ha's
1000 4quane beet on the main Levet. The basement .cis 50o £,Ln2.shed with
a techtea ion /Loom and a 3/4 bath. The home has 4 bednoom,s, 1 Ott bath
on the main and 2nd 6toon -teueeis, 2 6-vtep.taceis, and a 12 x 26 coveted
patio in the .eats o6 the. home. The gatcage i.z detached and tis 28 x 34.
1992 Vatuc.t- on In/otmat.Lon:
Lot vae.te $ 25, 100
Sttua.ctune Value $ 78,800
Tota.t Value $103,900
Other In6oJlmat)on:
An Equal Opportunity/Afrmative Action Employer
DON D. MARTIN
SCOTT COUNTY ASSESSOR
1 .111111!!!!!
COURTHOUSE 112 •
rz
_....,.�..-••.,,.; 428 S. HOLMES ST.
SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLDI
To: The 1992 Shalzepee Beard on Review
Date: May 15, 1992
Subject: Pa tAicia Go-e db era Pno p e, t y
Descrrc.ption on P-t.eperty: 20.00 acnes and buU.di.ng4 Located at 2780 Co. Rd. 42
Panee2 =27 929 014' 1
•
The pro pert y .vs compAi ed 06 a 1i ztony home which ways con,stAucted in
the 1940'z. The home has a panda. basement, 3 bedncemz, 1 bath, and
ha_5 a tatae area on 1316 4quone neet on the /4t .eeve.2. The home in
good condition. The gataae -ins detached and 23 x 25. A pope shed butt in 1980
1992 Va2uatLon Inna'tmatLon: which -cis 30 x 40.
The value non the !and .iz $60,300 which .is the nate used non hobby 4a.m4 on
20.00 acnez in the City on Shakopee.
The value non the 6tnue tunes .ins $62, 700 which hays been increased due to the
onbszion on the pate 4hed and the general condition 06 the home which Ls
better than the condition non which the original appraisal was based.
Total Value non 1992 $123, 000
Other Innonmat ion: W. Go.ldbeng 'z main concern appeaAis to be the po44ib.2ity on
the expanzion on County Road 42 clown to he home and the expansion os
a eantway on the west os he pnopehty, which would also encAoach on hen
pnopehty. I toad hen that in theAe projects were to take peace, the
value on hen pnopeltty would be examined at that time.
An Equal Opportunity/Affirmatice Action Employer
DON D. MARTIN
-- SCOTT COUNTY ASSESSOR
' = COURTHOUSE 112 -11104
1428 S. HOLMES ST.
• SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLD!
To: The 1992 Shakopee Board o5 Review
Date: May 15, 1992
Subject: Joseph Knuget Pit.opehty
Pouted. #27 024 104 0
Descit.iptJ.on PA.cpe.'rty:The ptwpetlty .i Located at 1115 S. ,Mad.uson StAsee-t. The £ega.e
dezciti.pt,Lon -us Lot.23 Mock 7 Jachzon View Addition.
The home des a ip-?.-i t-entAy home o6 988 4quane deet btult in 1967. The gat.age i s
attached and .cs 22 x 28. The basement v, 1000 Gini hed at, an apatltment. Thula
a 10 x. 14 deck
The .tot -us 76 x 130
1992 Vatua on In6oAma ion: The £o-t valued at $21, 000
The ztAuctutce.s atce valued at $60,600
Total value $81,600
Othetl. In6otlmat-i.on: The pnopetlty wa4 putcchatsed in July oK, 1986 bon $77,900.
An Equal Opportunity/Afrmatiu•e Action Employer
DON D. MARTIN
;11111/1!!! ,! SCOTT COUNTY ASSESSOR
'-- = COURTHOUSE 112 •
` = j 428 S. HOLMES ST.
SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLDI
To: The 1992 Shakopee Boatd o' Review
Date: May 15, 1992
Subject: Leonard Lee PAopetrty
Patcce2 #27 034 033 0
Ductiption 6,6 Ptcpetty:
The ptopvty .cis toc.ated at 1028 Swig St-teet. Leaat ductript.ion: Lot 12 Btco1? 3
Scenic Heights 3n.d
The pnope'ty hats a 1 stony home o6 1440 isquate 6eet which was constructed -in 1972
with an addition in 1982. The ga'uzge ins 20 x 22 and attached. The,'.e .s 1 6L'z.eptace,
centtcal-ai , a 16 x 18 deck.
. 1992 Va.iva Jon In6/o.tmati.on:
The tot .cis valued at $23,700
The 4txuctune,5 ane valued at $66,400
Totat Vatue $90, 100
Others InjSonma_;on: The ptopetcty ways putcchazed in June o6 1991 ion $87,500.
An Equal Opportunity!Affirmative Action Employer
DON D. MARTIN
SCOTT COUNTY ASSESSOR
COURTHOUSE 112 •
428 S. HOLMES ST.
— SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLDI
To: The 1992 Shakopee Board o6 Review
Date: May 15, 1992
Subject: Ha.1and Lipfzetc pnoperlty located at 1065 Mittel Sttee . Legal Duetciption:
Lot 6 B.Poc2. 5 Scenic Heights 3rd Addition. Parcel r27 034 055 0
Deaet ipti,on o f P.topetity: A 1 soy home o6 1424 4quane feet bu Ut in 1972. An attached
garage of 20 x 20. The home has bath in the basement, 1 3/4 bath on the main .
goon. The tot .ins 85 x 138.
1992 Valuation Ino,tmati.on:
The -lot -us valued at $23,700
The 4t'Lactune4 ane valued at $66,200 •
Total value $89,900
Ot.het In6onrnat Lon:
An Equal Opportunity'Affirmative Action Employer
DON D. MARTIN
SCOTT COUNTY ASSESSOR
#111H5V1-5z-4
9 COURTHOUSE 112
428 S. HOLMES ST.
SHAKOPEE, MN 55379-1381 (612) 496-8115
Deputy:
LEROY T.ARNOLD'
To: The 1992 Shakopee Board c3' Rev-Lew
Date: May 15, 1992
Subject:
Leona Soteto PatceL #27 001 070 0
Desc-t.i.pt cn o3' Prcpetty: Lot 3 BLocfz 6 City o3' Shakopee. ThiA property ,cs Located -
at 219 W. list Ave. It cis a 1 3/4 4tory home which wa4 built in the 1930'z? and
ha/3 1239 zquatce 3'eet on the main goat. The home ha's 3 .two bedroom apaktmen-t4
and a detached garage os 377 6quatc.e 3'eet. The propet:,ty hays no basement.
The vaivatLon c s based on the income approach .to value which wa-s used 3'or a-2
o6 the apatc tmen t prope t ties in Shakopee bon. the 1992 a44 eztsment.
1992 Va2uation In3o,tmatLon:
The Land value .ins $17, 100
The 4.tJzuctutze value .cam $52, 500
To.ta2 Value $69,600
Otihet. In3oAmati.on: The home wao putccha-sed in Sep-tember o3' 19,9,( 3'or $65, 000 by DUBo.us on
a con tact 6or deed. MA. So-teLo putccha4sed the propeltty -Ln September
ob 1990 3'or $40,000 a2tso on a contract 6or deed.
An Equal Opportunity I Affirmative Action Employer
BOARD OF REVIEW
REGULAR SESSION SHAKOPEE, MINNESOTA MAY 12, 19�=:-
The meeting was called to order by 1991 Chrmn. Robert Sweeney at
7: 00 p.m. , with Comm. Steve Clay, Eldon Reinke, Gloria Vierling,
and Richard Marks. Also present: Robert Schmitt, Scott County
Assessor and Judith S. Cox, City Clerk.
Reinke/Vierling moved to nominate Robert Sweeney as chairman for
the 1992 Shakopee Board of Review. Robert Sweeney asked for
further nominations.
Vierling/Marks moved nominations for the chairman of the 1992 Board
of Review cease. Motion carried unanimously.
Clay/Reinke moved to cast a unanimous ballot for Robert Sweeney to
serve as the chairman for the 1992 Shakopee Board of Review.
Motion carried unanimously.
Robert Schmitt explained the purpose of the Shakopee Board of
Review stating it is the function of this Board to review the
market value and the classifications placed upon the parcels in
question by the Scott County Assessor's office. Mr. Schmitt also
gave a summary on how the 1992 assessments had been calculated for
the City of Shakopee.
Chrmn. Sweeney asked if there were any general questions for Mr.
Schmitt by either the Board or members of the audience. There were
none.
Chrmn. Sweeney stated that he has received a list of property
owners wishing to have their assessed valuation reviewed. He
stated that these individuals have been placed upon the agenda and
would be considered prior to those not currently on the agenda.
Chrmn. Sweeney stated the first parcel to be reviewed is that of
John and Diane Listerud, Parcel #27-932011-0.
Robert Schmitt stated this parcel is located at 3876 Marschall
Road. He then gave a brief description of this parcel. He stated
the classification for this parcel has gone from agriculture to
residential. He added the area is 9.36 acres and the total
assessed value for 1992 is $116,800.
Chrmn. Sweeney asked if the Listerud's were present. They were
not.
Discussion was held on the reclassification.
Vierling/Clay moved to concur with the assessor's valuation and
classification. Motion carried unanimously.
Official Proceedings of the May 12 , 1992
Board of Review Page -2-
Chrmn. Sweeney stated the next parcel to be reviewed is that of
Dennis and Kay Fetzer, Parcel #27-913006-0. He asked if the
Fetzer ' s were present. They were not.
Robert Schmitt stated this parcel is located at 1850 County
Road 18 . He gave a brief description of the property stating it
consists of 2 . 5 acres. He stated the cabinet shop on site was
appraised at 80 percent completion. He added he believes the
disagreement on valuation is between the mortgage appraisal on this
cabinet shop against the Scott County appraisal. He added the 1992
total assessed value is $147 , 400.
Discussion was held on the assessed valuation of the cabinet shop.
Reinke/Vierling moved to concur with the valuation of the Scotl.
County Assessor.
Marks/Vierling moved to amend the motion to reduce the Assessor' s
valuation on the cabinet shop by 50 percent, to be more reflective
of the market value.
Discussion was held on the market demand for a cabinet shop not yet
classified as a business.
Motion carried unanimously on the amendment.
Motion carried unanimously on the motion as amended.
Chrmn. Sweeney stated the next parcel for consideration is that o :
Mark and Bonnie Casey, Parcel #27-131074-0. He asked if the
Casey' s were present. They were not.
Robert Schmitt stated this parcel is located at 1278 Diamond Court.
Mr. Schmitt gave a brief description of the property. He stated
that land value has increased from 1991 and has an assessed value
for 1992 of $110, 500.
Discussion was held on the assessed increase from 1991 to 1992 .
Marks/Clay moved to sustain the Assessor' s valuation for the Casey
property. Motion carried unanimously.
Chrmn. Sweeney stated that the next parcel to be reviewed was that
of Ray Friedges; Parcel #27-092036-0. He added that since
placement on the agenda, the Friedges ' have withdrawn their request
for review.
Chrmn. Sweeney stated the next parcel to be considered is that of
Total Minnesota Property; Parcel #27-001143-0. Chrmn. Sweeney
asked if a representative was present. There was no
representation.
Official Proceedings of the May 12, 1992
Board of Review Page -3-
Robert Schmitt stated this parcel is located at 234 West 1st
Avenue, and has a total assessed valuation for 1992 of $144,800.
Mr. Schmitt reported on the letter dated May 5, 1992 received from
Mr. Jack Hanna, of the Total Petroleum, Inc. , which states this
property is "suffering from environmental contamination" and the
cost to cure is $110, 000. Mr. Schmitt stated that according to Mr.
Hanna, they are asking for this review because they believe that
this damage has caused a loss to the market value of the property.
Discussion was held on the possibility of the assessed valuation
being too low.
Marks/Vierling moved to concur with the assessor's valuation.
Motion carried unanimously.
Chrmn. Sweeney stated that the next case is parcels owned by Cletus
Link and reflect Parcels #27-121001-0, #27-121011-0,
#27-121012-0, #27-121013-0, #27-121016-0, #27-121017-0,
#27-121026-0, #27-121027-0, #27-121028-0, and #27-121029-0. - He
added that Cletus Link is present for discussion.
Robert Schmitt gave a brief description of all the Link parcels for
review. He stated some of these parcels are vacant lots and the
others are outlots.
Cletus Link stated that currently he has been denied a permit to
build on this land, and the classification should be agricultural
until he can build on these parcels.
Robert Schmitt stated that parcel #27-121001-0 has been valued as
platted/undeveloped property at $6300 per acre.
Mr. Link stated this parcel is a corner lot and these lots are
usually less desirable and should have less assessed value. He
added that besides being a corner lot, Parcel #27-121001-0 fronts
on 12th Avenue and abuts a county road. He stated the valuation of
$20,400 is much too high for this parcel.
Discussion was held on the demand and market value of a corner lot,
especially one abutting a busy county road.
Clay/Marks moved to reduce the assessed valuation to $19,800 for
Parcel #27-121001-0. Motion carried unanimously.
Robert Schmitt stated that $6300 per acre is how they value all
platted undeveloped property that has sewer and water availability.
He added that lots without sewer and water are selling at $6300 per
acres.
Official Proceedings of the May 12, 1992
Board of Review Page -4-
Clay/Marks moved to concur with the assessor's valuation of $6300
per acre for the remaining of Mr. Link's parcels under review.
Motion carried with Comm. Sweeney and Vierling voting in
opposition.
Chrmn. Sweeney stated the next property for consideration is that
of Gregory Weigold, Parcel #27-929014-0. Gregory Weigold was
present for discussion.
Robert Schmitt gave a brief description of the property located at
3000 County Road 42„ consisting of 10 acres. He stated the
valuation for 1992 placed upon this parcel is $143 ,400.
Gregory Weigold stated he has some conflicting numbers. He stated
his taxes had increased 100 percent over 1991. He stated his value
has increased above that of his neighbors. He stated that when he
purchased the property in January of 1991 for $148,000, this seemed
to be a fair price with the taxes at the rate they were then. He
added that now with the taxes so high, this no longer seems to have
been a fair purchase price. He added he gets no City services to
this site.
Chrmn. Sweeney reminded Mr. Weigold that the Board of Review cannot
deal with taxes only with the assessed valuation and the
classification of properties. Chrmn. Sweeney suggested Mr. Weigold
give documentation indicating that his parcel is over assessed. He
added that way Mr. Schmitt will be able to look at specifics to
determine if this parcel should be reevaluated.
Comm. Marks suggested that Mr. Weigold obtain an independent
appraisal and present this information to Mr. Schmitt.
Vierling/Clay moved to sustain the valuation of the appraiser.
Motion carried unanimously.
Chrmn. Sweeney stated the next parcel for consideration is the Reed
Otterblad property; Parcel #27-913030-0. Chrmn. Sweeney asked if
Mr. Otterblad was present. He was not.
Robert Schmitt gave a brief description of the property stating it
it located at 9186 Boiling Springs Lane. He added the 1992
valuation is $83 ,400. He stated he is unsure why the Otterblad's
have asked for a review.
Reinke/Marks moved to concur with the valuation of the appraiser.
Motion carried unanimously.
Chrmn. Sweeney stated that the next parcel for consideration is the
James O'Leary property. He asked if the property owners were
present. They were not.
Official Proceedings of the May 12, 1992
Board of Review Page -5-
Robert Schmitt gave a brief description of the property located at
1029 Merrifield. He stated that the total assessed value is
$78, 700. He added he is not certain why they have asked for a
review.
Reinke/Marks moved to concur with the assessor's valuation. Motion
carried unanimously.
Chrmn. Sweeney stated the next parcel for review is the Sherman
Thurmer property, Parcel #27-017051-0. He asked if the Thurmer's
were present. They were not.
Robert Schmitt gave a brief description of the property. He stated
this parcel is located at 742 South Madison and has a 1992 assessed
valuation of $97, 300.
Discussion was held on the value being reduced due to the fireplace
not functioning.
Vierling/Marks moved to concur with the assessor's valuation.
Motion carried unanimously.
Chrmn. Sweeney stated the next case is being represented by
Property Tax Research Company for the J. L. Shiely Company-Shakopee
Quarry parcels numbers 27-902020-0, 27-903004-0, and
27-911006-0 and the Shakopee Valley Printing parcels of
#27-089001-0 and #27-089002-0. Chrmn. Sweeney asked if
representatives were present. There was no representation.
Robert Schmitt gave a brief description of these properties stating
he is not sure why they have requested a review.
Vierling/Marks moved to sustain the valuation of the J.L. Shiely
and Shakopee Valley Printing properties.
Comm. Clay moved to amend the motion for the J. L. Shiely property
to increase the valuation by $500 per acre.
Amendment died for lack of second.
Motion carried unanimously on the main motion.
Chrmn, Sweeney stated the next parcel for review consideration is
the Stanley and Linda Beireis property. He asked if the Beireis'
were present. They were not.
Robert Schmitt stated the parcel is located at 137 Naumkeag. Mr.
Schmitt gave a brief description of the property. He stated the
assessed valuation for 1992 is $132, 600 and classified as
commercial.
Official Proceedings of the May 12, 1992
Board of Review Page -6-
Discussion was held on whether or not the assessed valuation was
too low for commercial property.
Marks/Vierling moved to concur with the assessed valuation. Motion
carried unanimously.
Chrmn. Sweeney stated that Patricia Goldberg has asked to have her
assessment reviewed. He added that Ms. Goldberg was present for
discussion.
Robert Schmitt gave a brief description of the property located at
2780 County Road 42 (Parcel #27-929014-1) . He stated this property
consists of 20 acres and has a total assessed value of $116,800.
Patty Goldberg stated her property has sustained a $30, 000 increase
from 1990, and believes this is too high especially since there
a gravel road going through her property that is heavily used to
get to the indian reservation.
Robert Schmitt stated the county is trying to get all parcels tc-
market value. He added that her property is classified as a hobJ,
farm because it falls in the 10 - 20 acres range, and is also bein(
considered as Green Acres.
Patty Goldberg stated that the parcel is 20 acres but has a large
ponding area, which cannot be built upon, and abuts the Mielkc
cartway where the Sioux have plans to purchase and use as
heavily-traveled roadway.
Discussion was held on whether or not the assessed valuation is a
little high due to the roadway being a disadvantage. Discussion
continued on how this property could be reevaluated.
Robert Schmitt will look at this property to determine if there is
additional depreciation that could be applied, due to the excessive
use of the roadway.
Vierling/Marks moved to concur with the assessor's valuation.
Motion carried unanimously.
Chrmn. Sweeney stated that Gordon Grannes, Parcel #27-915008-0 has
asked to have his parcel reviewed.
Robert Schmitt gave a brief description of the property stating it
is located at 5015 Eagle Creek Blvd. and consists of 2.45 acres
with a 1992 total assessed value of $101,200 and is classified as
residential.
Mr. Schmitt stated this parcel is under discussion with the owners.
He added that this parcel was reduced in size with the construction
Official Proceedings of the May 12, 1992
Board of Review Page -7-
of the Dean's Lake Outlet so there really is only 1.7 usable-.
property.
Gordon and LaVonne Grannes were present for discussion. They
stated it was reevaluated at an increase of $16,500 for 1992 . Mrs.
Grannes stated the assessed value of all the adjacent property
owners have also increased.
Vierling/Marks moved to concur with the assessed valuation. Motion
carried unanimously.
Chrmn. Sweeney stated the next property to consider for review is
that of Vicky Burt, Parcel #27-932002-0.
Robert Schmitt gave a brief description of the property which is
located at 1774 County Road 14. He stated this parcel is given ars
assessed valuation of $139,500. Mr. Schmitt stated that the main
concern with Mrs. Burt is that in 1990 an outside appraisal firm
valued this property at $130, 000, and Mrs. Burt believes the
assessed value of $139,500 is in excess.
Clay/Vierling moved to concur with the assessed valuation. Motion
carried unanimously.
Chrmn. Sweeney stated the next parcel for review consideration is
that of Dennis Sanford.
Robert Schmitt stated this is Parcel #27-117002-1 and located along
Shenandoah Drive south of the Shakopee Ballroom on East 4th Avenue.
He gave a brief description of the property and added that Parcel
#27-117002-0 could also be considered in this review since these
two parcels are adjacent.
Mr. Schmitt stated that Parcel #27-117002-1 consists of 10 acres
and the other parcel, #27-117002-0, consists of 5 acres for a
valuation of $202, 000 and $126, 000 respectively. He added that
both parcels are in the Racetrack Zoning District, where there has
been little to no development.
Discussion was held on the marketability of land in the RTD.
Comm. Clay suggested a lower valuation of $5, 000 per acre.
Discussion was held on what would be a realistic valuation for
these two parcels.
Vierling/Marks moved a reduction in assessed valuation to $15, 000
per acre on both parcels (#17-117002-1 and #27-117002-0) . Motion
carried with Comm. Sweeney voting in opposition.
Official Proceedings of the May 12 , 1992
Board of Review Page -8-
Chrmn. Sweeney stated the next parcel for consideration is that of
Thomas and Mary Broderson, Parcel #27-062019-0. He added that the
Broderson' s were not present for discussion.
Robert Schmitt stated this parcel is a vacant lot and is located at
2325 Horizon Circle South. He stated the assessed valuation is
$22 , 500 which is the value used for all vacant lots in Horizon
Heights Addition.
Marks/Reinke moved to concur with the assessor' s valuation. Motion
carried unanimously.
Chrmn. Sweeney stated the next parcel for consideration is that of
Dave Chase located at 327 East 2nd Avenue; Parcel
#27-001193-0 . He added that the property owner is not in
attendance.
Robert Schmitt stated this is being valued like all apartment
buildings and is based on the calculations for the Central Business
District.
Discussion was held on the value of property abutting a railroad
track. Discussion also continued on the marketability of apartment
buildings.
Marks/Vierling moved that the assessor discuss the valuation with
the owner, and arrive at a value not to exceed $74 , 000 . Motion
carried unanimously.
Chrmn. Sweeney stated that the next property for consideration is
the Edman-O 'Brien property; parcel #27-001863-0 .
Robert Schmitt stated this parcel is located at 1066 West 3rd
Avenue. He added that based on the income approval for valuations
it's market value is $271, 000.
James O'Brien stated he is the principal owner of this parcel since
Mr. Edman was forced to file bankruptcy. He added that the income
approach for valuation does not apply in this case because Mr.
Edman was the one source for income. He stated that the conditions
on this property have changed drastically since 1991.
Robert Schmitt stated they can take another look at this parcel if
it remains empty for the rest of the year. The parcels are being
taxed one year ahead.
Marks/Vierling moved to reduce the valuation back to the 1991
assessed market value of $247, 800. Motion carried unanimously.
Chrmn. Sweeney opened the review up to those not on the agenda but
in the audience.
Official Proceedings of the May 12, 1992
Board of Review Page -9-
Robert Drury, parcel #27-001224-0, stated his assessed valuation is
$29, 300 for 1992 but it was only $15,500 in 1989.
Chrmn. Sweeney stated that since Mr. Schmitt was unaware of Mr.
Drury's concern, this review will have to continue to the May 18th
review at 7: 00 p.m. to allow Mr. Schmitt time to research
information on this property. Chrmn. Sweeney suggested Mr. Drury
contact Mr. Schmitt to see if they can come to an agreement.
Darlene Schesso, 927 Sommerville, stated she did not mail in her
card for an official review, but has a concern as to the increasc
in the assessed value. She stated her parcel's assessed valuation
has increased by $10, 300 since 1991. She added she will speak with
Mr. Schmitt but may return on May 18th if she is unsatisfied with
the outcome of their discussion.
Kermit Bischoff, 2421 County Road 42, (parcel #27-920007-0 and 27-
920007-1) stated he had not submitted his card for assessment
review at tonight's meeting. He is willing to further discuss this
issue with Mr. Schmitt, but wants to retain his right to attend the
meeting of Mary 18th if necessary.
Jim Pietrzak, 5411 Eagle Creek Blvd. , (Parcel #27-915013-0) stated
he is attending the meeting to learn more about how properties arc
valued, but has a concern about the valuation placed on his parcel,
which increased $11, 000 from 1991.
Robert Schmitt stated this parcel has an assessed valuation of
$108, 100 because they are trying to bring all the parcels up to
market value. He added that the last increase was in 1988 for this
parcel because there was not a good method to bring up the market
value in the rural areas.
Mr. Pietrzak stated there is no need for his parcel to be placed on
the May 18th agenda because he now understands the process better.
Reinke/Clay moved to continue the Board of Review to May 18, 1992
at 7:00 p.m. Motion carried unanimously.
Reinke/Vierling moved to adjourn to May 18, 1992 at 7:00 p.m.
Motion carried unanimously. Meeting adjourned at 9:45 p.m.
Judith S. Cox
Cit� r
VanMaldeghem
• cording Secretary