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City Council Minutes 06-09-1986 Board of Review . MIN TES RECONVENED MEETING - MO TICELLO BOARD OF REVIEW June 9, 198 - 6:00 p.m. 1 . The meeting was called to order by Board of Review Chairperson Arve Grimsmo at 6:06 p.m. Mr. Grimsmo opened the meeting or further input from affected property owners in attendance. 2. Mr. Floyd Kruse, owner of Dino' which were sent out from the Ci final value placed on his prope on his Board of Review card whe was a different figure than was the City Assessor. The county the figures which were used, an No depreciation was added for t that adjustment made, the figur originally agreed with Mr. Floy Deli, questioned the figures y Assessor in regards to the ty, with the final figure written the two Assessor's were there, sent to him in a letter from ssessor, Doug Gruber, went through an incorrect figure was used. e upstairs apartments. with s did come out to what we had Kruse. 3. Mr. Con Johnson, owner of Johns n properties, representing the commercial properties which he wns and also some of his fellow commercial property owners in t e downtown area, wanted to express his appreciation of the cons ide ation of the re-assessment work done by the City Assessor and C unty Assessor. He felt that the work that was done by the t 0 assessors was acceptable and would be workable within his pr perties and also other commercial property owners which he is fam"liar with. . 4. Monticello Times Building, Don mith, Partner in Partners Smith. Mr. Smith questioned as to why is letter was not entered as publiC record at the original C ty Board of Review meeting. with this omission accounted fo , it will be entered as part of the original Board of Revie minutes. Mr. Smith also countered he had no reason to argue with the valuation which was placed on his property with the readj stment. He felt it was equitable with other properties that were reviewed. . 5. Mr. Thomas Eidem, City Adminis Denton Erickson, owner of Moon were different things he would there should be no increase in They are as follows: New comm have no reflection on his comm values are going down rather t in property would also mean hi and he was very much in disagr property; with the reconstruct business is going to be down c With any type of an increase a likely going up for next year, increased value will be consid could assume to pay. Consensu make no change in his commerci rator, received a call from Mr. Motors. Mr. Erickson felt there like to mention as to why he feels the valuation from the 1985 assessment. rcial sales which have occurred rcial property value; Commercial an going up; A 20-25% increase taxes would increase that much, ement with any increase in his on of Highway 25 going on, his nsiderably from the previous years; all with the mill rate more than when he pays the taxes on this rably more than commercial properties of the Board of Review was to 1 property value. -1- Montie 110 Board of Review Minutes - 6/9/86 . 6. Floriano Brion/Northwest Medica Clinic. Mrs. Brion was present to question the increased value even when it was readjusted by the two assessors being more th n they originally paid for the property back in 1983. Their b ilding needed a new roof replacement, along with some other minor rep irs which need to be donei and she felt that their property ha nit gone up in value since they originally purchased it in 1983. City Board of Review Member Mr. Jack Maxwell reiterated Mrs. Brionls request where he felt the total value should be adjus ed down to $170,000.00 total Estimated Market Value, questio ing the high value placed on the building amount portion of his total value. Consensus of City Council members was to red ce the total value of the Northwest Medical Clinic property from $2 7,000.00 down to $170,000.00 total Estimated Market Value. 7. Mr. Stan Douglas, owner of two ommercial properties in the City of Monticello, questioned as to which value the Board of Review was going to consider for their approval at tonightls meeting. Were they considering the value which was sent out on the equalization notice card, or the value which was readjusted when the two assessors came out to view his properties. Mr. Grimsmo countered that it would be the value that the wo assessors came up with. Mr. Douglas indicated he was very m ch in favor of the values which the two assessors had come up th and appreciated their efforts. . Motion by Bill Fair, seconded b adjusted list of changes as pre which were physically reviewed carried unanimously. Maxwell, to approve the to them on commercial properties two assessors. Motion Motion by Dan Blonigen, seconde by Fran Fair, to adjourn the reconvened meeting of the Monti ello City Board of Review. The meeting adjourned at 6:53 p.m. Respectfully submitted, ~~.~ Gary Anderson City Assessor .