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City Council Minutes 05-13-2002 SpecialMINUTES �- SPECIAL MEETING - MONTICELLO CITY COUNCIL RECONVENED BOARD OF REVIEW Monday, May 13, 2002 - 6:30 p.m. Members Present: Roger Belsaas, Roger Carlson, Clint Herbst, Brian Stumpf and Bruce Thielen. Members Absent: None At 6:30 p.m. on May 13, 2002 Mayor Belsaas reconvened the Board of Review that had been recessed from May 8, 2002. There were three parcels that were to be reviewed by the assessor and brought back for Council consideration. Greg Kramber from the Wright County Assessor's Office brought the valuation for the following -parcels up for Council consideration: 155-023-001110 (1311 West Broadway): The assessor reviewed the property and recommended that no change be made. BRIAN STUMPF MOVED TO MAKE NO CHANGE IN THE VALUATION SET FOR 155-0231- 001110. BRUCE THIELEN SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 155-080-007090(1450 Oak Ridge Circle): The assessor reviewed this property. He noted that the increase in other properties in the area were in the same range with the exception of two parcels where construction had been done. The assessor also presented pictures of comparable property sales to the Council which supported the value placed on the parcel. BRUCE THIELEN MOVED TO ACCEPT THE VALUATION ON 155-080-007090 AS SET BY THE ASSESSOR. BRIAN STUMPF SECONDED THE MOTION. The property owner stated that the home sales in the neighborhood averaged $178,000 and there were four sales over $200,000. He noted that the comparable sales specified by the assessor were not in the area. He felt the homes in his area were lower in value. Greg Kramber concurred that this was probably the most expensive house in the area but also noted that even though there were properties valued at $150,000 there were interspersed in the area properties valued at $180,000 and higher. UPON VOTE BEING TAKEN, THE MOTION CARRIED UNANIMOUSLY. 155-086-00230 and 002140 (6166 and 6144 Mill Run Road): The assessor had reviewed the twin homes in this area and was recommending a 5% reduction for the ten units in this area. Reconvened Board of Review - 5/13/02 ROGER CARLSON MOVED TO APPROVE THE 5% REDUCTION IN VALUATION FOR THE TEN TOWNHOUSE UNITS. BRIAN STUMP SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. Mayor Belsaas closed the reconvened Board of Review at 6:45 p.m. Recording Secretary I