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HomeMy WebLinkAbout1998 05-04 CCM Board of Equalization MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA BOARD OF EQUALIZATION MAY 4, 1998 CITY HALL I. CALL TO ORDER The Brooklyn Center City Council met as the Board of Equalization and was called to order by Mayor Myrna Kragness at 7 p.m. ROLL CALL Mayor Myrna Kragness, Councilmembers Kathleen Carmody, Kay Lasman, and Robert Peppe. Also present were City Manager Michael J. McCauley, Assistant City Manager Jane Chambers, City Assessor Stephen Baker, Senior Appraiser Joe DaBruzzi, Hennepin County Assessor Tom May, and Council Secretary Mary Schendel. Councilmember Debra Hilstrom was absent and excused. II. STATEMENT OF BOARD OF EQUALIZATION City Manager McCauley opened the meeting of the Board of Equalization with information regarding the State requirement to review the assessed valuation and classification of property within the City. This year's review is limited to the 1998 assessment; it affects taxes payable in 1999. Mr. McCauley stressed the importance to the homeowner for assessments to support market trends in real estate and covered the responsibilities of the Board of Equalization. III. ASSESSOR'S REPORT City Assessor Baker reported information relating to the overall growth in assessed values from the previous year for all property types, including new construction, at approximately 7.8% citywide. Mr. Baker stated assessment valuation procedures for residential, apartments, and commercial/industrial properties and reviewed the 1997 real estate market for the 1998 assessment. He presented valuation changes for residential properties, and a valuation history for single family residences. 05/04/98 -1- IV. APPEARANCES BY TAXPAYERS WITH APPOINTMENTS Burton M. Petersen. 1112 Woodbine Laane, PID# 25- 119 -21 -32 -0069 Burton M. Petersen, 1112 Woodbine Lane, explained he is concerned with the market value of his home. He is retired, living on a limited income. He doesn't believe he could sell his home for the $88,000 market value. V. APPEARANCES BY TAXPAYERS WITHOUT APPOINTMENTS Bettv Orsborn. 4207 Lakeside Avenue North #223 Betty Orsborn, 4207 Lakeside Avenue North #223, expressed concern with the increased market value. She said she moved to the Beach Condominiums in 1991 and there are different valuations this year for similar units. Mr. Baker reviewed the different sales and the increasing values that have occurred recently. He stated that different conditions and views of units could account for some of the valuations in value. He offered to review specific units to ensure that they were properly valued. Dia Yana. 5150 Drew Avenue North. PID# 10- 118 -21 -12 -0048 Dia Yang, 5150 Drew Avenue North, appeared. Ms. Yang questioned the valuation on her property. She believed it was too high. Mr. Baker referenced several comparable sales supporting the valuation of Ms. Yang's property. Gene Wriaht. 5615 Brooklyn Boulevard. PID# 03- 118 -21 -42 -0030 Mr. Wright, owner of 5615 Brooklyn Boulevard, appeared for the purpose of suggesting that the valuation of his commercial property was higher than its market value. He believed that he had overpaid when he purchased the property in 1996. Mr. Baker discussed the methodology used in arriving at the valuation for Mr. Wright's property and discussed the relative valuation of the leases at that location. Councilmember Carmody left the meeting at 8 p.m. Eric Uzoegbu. 6812 Beard Avenue North. PID# 34- 119 -21 -11 -0039 Eric Uzoegbu, 6812 Beard Avenue North, appeared before the Board to express his opinion that the valuation was too high. While Mr. Uzoegbu paid $83,000 when he purchased the property from HUD, after living in the house believed that its value was less due to needed improvements. Mr. Baker responded with the analysis of valuation for Mr. Uzoegbu's property. Residents of the Beach Condominiums had additional questions regarding taxes in general and valuation at the Beach Condominiums. Mr. Baker again offered to review specific issues with them. 05/04/98 -2- VII. MOTION TO AFFIRM THE BALANCE OF THE ASSESSMENT A motion by Councilmember Peppe and seconded by Councilmember Lasman to affirm the balance of the 1997 assessment and accept the City Assessor's recommendation on the properties appearing at the Board passed unanimously. VIII. ADJOURNMENT A motion by Councilmember Peppe and seconded by Councilmember Lasman to adjourn the meeting at 8:30 p.m. passed unanimously. 1.G¢.4 City Clerk 0 Mayor` ��� 7 05/04/98 -3-