Loading...
HomeMy WebLinkAbout2010-04-08 Board of Review Council Agenda PacketBoard of Review-Agenda Memo April 8, 2010 Page 1 To: Mayor and City Council From: Dan Donahue, City Administrator Regarding: Administrator Notes This meeting is set for 6 PM and the regular Council Meeting will follow at 7 PM. Your packet contains two memos from Ann Risch on the B of R process. Lu Ann Hagen of the County Assessor’s Office will be at the meeting as will Ann Risch. I have asked both if there is additional information and there apparently is none. I have not received any information from residents or property owners that they might be attending the meeting on Thursday. If there is addition info you would like prior to the meeting, please let me know. Agenda – Corcoran City Council April 8, 2010 6:00 PM 1. Call to Order/Roll Call 2. Pledge of Allegiance 3. Agenda Approval 4. Approval of 04.09.09 Board of Review Minutes* 5. Local Board of Review* 6. Adjournment *Includes materials Material relating to these agenda items can be found in the House Agenda Packet Agenda – Corcoran City Council April 14, 2011 7:00 PM 1. Call to Order/Roll Call 2. Pledge of Allegiance 3. Agenda Approval 4. Approval of 04.08.10 Board of Review Minutes* 5. Local Board of Review* 6. Adjournment *Includes materials Material relating to these agenda items can be found in the House Agenda Packet CITY OF CORCORAN CITY COUNCIL MEETING April 9, 2009 Page -1- 1.CALL TO ORDER AND ROLL CALL Mayor Guenthner called the meeting to order at 7:00 p.m. The Corcoran City Council met on April 9, 2009, at City Hall in Corcoran, Minnesota. Present were Mayor Guenthner, Councilor Gmach, Councilor Hudok and Councilor Milbrandt. Also present were City Assessor’s Ann Risch and Ralph Erickson along with Luanne Hagen from Hennepin County. Ron Thomas had an excused Absence 2. LOCAL BOARD OF REVIEW A brief summary of the local board of review meeting process was discussed by the City Council and the City Assessor. April 9, 2009 Local Board Appearances/Action The Local Board of Review (City Council) listened to the owners and their representatives. City Assessor Ann Risch has the reports and her recommendations if requested by the public. MOTION by Gmach, seconded by Milbrandt, to accept the City Assessor’s recommendation with regard to the James T. Hale properties: PID NUMBER OWNER/REP ASSESSOR 2-119-23 24 0001 James T. Hale- Laurie Karnes, rep $237,000 reduction 32-119-23 23 0002 James T Hale- Laurie Karnes, rep no change 32-119-23 31 0002 Hales Corner LLC-Laurie Karnes, rep no change Voting Aye: Gmach, Milbrandt, Guenthner and Hudok (Motion Carried 4:0) MOTION by Gmach, seconded by Hudok, to accept the City Assessor’s recommendation with regard to the following property: PIN NUMBER OWNER/REP ASSESSOR 01-119-23 41 0001 101 Farms LLC-Laurie Karnes, rep no change Voting Aye: Gmach, Milbrandt, Guenthner and Hudok (Motion Carried 4:0) __________________________________________________________________ MOTION by Milbrandt , seconded by Hudok, to accept the City Assessor’s recommendation with regard to the following property: PIN NUMBER OWNER/REP ASSESSOR 33-119-23 34 0005 Donald and Leslie Jeszewski- Laurie Karnes no change Voting Aye: Gmach, Milbrandt, Guenthner and Hudok (Motion Carried 4:0) Call to Order Roll Call Local Board and Review Agenda 4. CITY OF CORCORAN CITY COUNCIL MEETING April 9, 2009 Page -2- __________________________________________________________________ MOTION by Gmach , seconded by Hudok, to accept the City Assessor’s recommendation with regard to the following property: PIN NUMBER OWNER/REP ASSESSOR 32-119-23 42 0001 Kevin and Ann Marie Wittinger- Laurie K no change Voting Aye: Gmach, Milbrandt, Guenthner and Hudok (Motion Carried 4:0) _________________________________________________________________ MOTION by Hudok, seconded by Gmach, to accept the City Assessor’s recommendation with regard to the following property: PIN NUMBER OWNER/REP ASSESSOR 13-119-23 22 0007 Robert and Victoria Kyarsgaard no change Voting Aye: Gmach, Milbrandt, Guenthner and Hudok (Motion Carried 4:0) __________________________________________________________________ 3. ADJOURNMENT MOTION made by Gmach, seconded by Hudok, to adjourn at 8:16 p.m. Voting Aye: Gmach, Hudok, Guenthner and Milbrandt (Motion carried 4:0) ______________________________ Todd Bodem, Interim City Administrator Adjournment TO: Corcoran Mayor and City Council Members FROM: Ann Risch & Rolf Erickson, City Assessors, (763) 473-3978 RE: Local Board of Review for January 2, 2010 Assessment We have attached information regarding steps in the appeal process and more specifically, the Local Board of Review. Also included in the handout is information regarding the 2010 Assessment and a map indicating the area physically inspected for the current assessment. The book of residential sales that have occurred since October 1, 2008 is included as reference for you to use at the Board of Review on April 8th. As in the previous Assessment, values have continued to decline. However, it is important to remember that the residential sales that were used to determine the 2010 Assessment occurred between October 1, 2008 and September 30, 2009. Non traditional sales such as f oreclosures and short sales are not used in determining the Estimated Market Value. Some properties may have seen an increase or decrease due to inspections that indicated characteristics other than those noted for the previous assessment. Options and Steps in Appealing Valuation and/or Classification for the 2010 Assessment Option 1 Contact the Assessor The Taxpayer can contact the Assessor (763) 473-3978. Questions and concerns often can be addressed satisfactorily over the phone. Sometimes an appointment is necessary to inspect the property. Option 2 Boards of Appeal and Equalization Step 1 Contact the Assessor (as in option 1) Step 2 Taxpayers can bring their case to the Local Board Meeting (April 8). Comparable sales or other pertinent data should be presented to the Council at the Local Board Meeting. If the taxpayer has not contacted the Assessor, (step 1) it may be necessary to have the property inspected before a determination can be made. Step 3 Taxpayers who have appeared before the Local Board and are still dissatisfied, may appear before the County Board of Appeal and Equalization. Application is necessary and can be made by calling (612) 348-7050 no later than May 26, 2010. Option 3 Minnesota Tax Court Taxpayers can take their case directly to the Small Claims Division or the Regular Division of Tax Court. Appeals for the 2010 Assessment can be filed until April 30, 2011. (651) 296-2806 Web site:http//www.taxcourt.state.mn.us E-mail: info@taxcourt.state.mn.us The Local Board Meeting will address questions of Value and Classification for the 2010 Assessment (taxes payable in 2011). Market Value is defined as the most probable price in terms of money which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Classification is the use of the property as defined by state law. The most common classifications are commercial, industrial, farm, residential homestead or non-homestead and vacant land. The sales used for the Jan.2, 2010 Assessment occurred between Oct. 1, 2008 and Sept. 30, 2009. Values for these properties that were established for the previous Assessment (1-2-09) were compared with the purchase prices to determine what changes were needed to more accurately reflect Market Value. Comparing 2009 assessed values with the sales prices, indicated a decrease of 7.7% overall for residential properties. Lender mediated sales (foreclosures and short sales) are excluded for use in determining the Estimated Market Value. The number of foreclosed properties decreased in 2009 (14) versus (19) in 2008. The median residential sale price in this assessment period is $343,500. The median Residential Estimated Market Value is $280,000. Factors that influence buyers and therefore Market Values are: location, quality and size of site, quality & size of structure, amenities such as extra baths, fireplaces, central air, porches, quality & size of garages, stables, or extra buildings for storage. The area physically inspected for the 2010 Assessment included properties in sections 1-6. In addition, 2010 is the year for revaluing Exempt property which is done every six years. Taxpayers can expect a visit from the Assessor once every 5 years, unless changes are made to the property. Overall growth for the City was -8.5%, resulting in a total Estimated Market Value of $704,790,000. As a whole, Residential property exclusive of new improvements decreased 7.7% in Estimated Market Value. Commercial/Industrial property decreased 12.2%. Agricultural Property decreased 11.2% overall. For those properties that qualify for Green Acres or Agricultural Preserves, values for the various classifications of land did not change. These values are determined by the Department of Revenue and are based on sales of agricultural land outside the metro area. New legislation last year made changes to the “Green Acres” classification and created a new class of property, “Rural Vacant Land”. These changes have affected some properties in terms of classification or value.