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HomeMy WebLinkAbout1982 06-07 CCP Board of Equalization Clerk's Notice to Post and Publish — HC 1163 ASSESSMENT NOTICE NOTICE IS HEREBY GIVEN, That the Board of Review of th C i TY of BROOKLYN CENTER in HPNNFE c N County, Minn., will meet at the office of th C_av - Clerk, in sai C -Tv HALL , at--Z- o'clock —LM., on -MONDAY the ,SFVFNIH day, of JuNE , 19 82, for the purpose of reviewing and correcting the assessment of sai C i Ty o F RR 00 K LY N C ENTER for the year 1982 All persons considering themselves aggrieved by said assessment or who wish to complain that the property of another is assessed too low, are hereby notified to appear at said meeting and show cause for having such assessment corrected. No complaint that another person is assessed too low will be acted upon until the person so assessed, or his agent, shall have been notified of such complaint. Dated thi 2&T- -day of APR i L 1982. •- M ONO PM Clerk of the f RR00KLYN CENT BOARD OF EQUALIZATION AGENDA City of Brooklyn Center June 7, 1982 7:00 p.m. 1. Call to Order 2. Roll Call t 3. Purpose of Board of Equalization 4. Procedural Review o f Property Taxation 5. City Assessor's Report 6. Public Inquiry Regarding Local Assessments 7. Adjournment �4 MINUTES OF THE PROCEEDINGS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN • CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA SPECIAL SESSION JUNE 14, 1982 CITY HALL CALL TO ORDER The Brooklyn Center Housing and Redevelopment Authority met in special session and was called to order by Chairman Dean Nyquist at 10:01 p.m. ROLL CALL Chairman Dean Nyquist, Commissioners Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis. Also present were HRA Director Gerald Splinter, Director of Public Works Sy Knapp, Director of Planning & Inspection Ron Warren, City Attorney Richard Schieffer, and Administrative Assistants Brad Hoffman and Tom Bublitz. APPROVAL OF MINUTES - APRIL 26, 1982 There was a motion by Commissioner Scott and seconded by Commissioner Hawes to approve the minutes of the April 26, 1982 Housing and Redevelopment Authority meeting as submitted. Voting in favor: Chairman Nyquist, Commissioners Lhotka, Scott, Hawes, and Theis. Voting against: none. The motio n passed unanimously. RESOLUTIONS The HRA Director introduced a Resolution Approving Two Brooklyn Center Housing • Rehabilitation Grants. In discussion of the resolution, Commissioner Lhotka inquired whether a previous grant had been awarded to one of the locations listed in the memorandum from Administrative Assistant Hoffman to the City Manager. Administrative Assistant Hoffman noted that he was not aware that this address had been awarded a previous grant but that he would check the records to determine whether or not it had. RESOLUTION NO. 82 -12 Member Gene Lhotka introduced the following resolution and moved its adoption, such approval being contingent on whether a previous rehabilitation grant had been awarded at the address: Resolution Approving Twd Brooklyn Center Housing Rehabilitation Grants. The motion for the adoption of the foregoing resolution was duly seconded by member Celia Scott, and upon vote being taken thereon, the following voted in favor thereof: Voting in favor: Chairman Nyquist; Commissioners Lhotka, Scott, Hawes, and Theis. Voting against: none. The motion passed unanimously. APPROVAL OF PURCHASE AGREEMENT FOR RICHFIELD BANK & TRUST PROPERTY The City Manager reviewed the purchase agreement which had been prepared for the City to purchase the property owned by the Richfield Bank & Trust Company for the proposed Elderly Housing Project. The City Manager stated that he believes the price of $130,000 for the property is an acceptable price. 6 -14 -82 -1- Commissioner Scott pointed out that in the addendum to the purchase agreement the words buyer and seller should be reversed in the second paragraph of the addendum. There was a motion by Commissioner Scott and seconded by Commissioner Theis to approve the purchase agreement with Richfield Bank & Trust in the amount of $130,000 for Lots 10 and 11, Guilford Outlots except those parts of said Lots 10 and 11 lying within the right of way of State T. H. 100 and the right of way of U.S. Interstate Highway 94, according to the plat thereof on file or of record in the office of the Registrar of Titles in and for Hennepin County. Voting in favor: Chairman Nyquist, .Commissioners Lhotka, Scott, Hawes, and Theis. Voting against: none. The motion passed unanimously. _A DJOUMMENT There was a motion by Commissioner Scott and seconded by Commissioner Lhotka to adjourn the meeting. Voting in favor: Chairman Nyquist, Commissioners Lhotka, Scott, Hawes, and Theis. Voting against: none. The motion passed unanimously. The Brooklyn Center Housing & Redevelopment Authority adjourned at 10:08 p.m. 0 Chairman 6 -14 -82 -2- 3 3 MINUTES OF THE PROCEEDING OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA Board of Equalization June 7, 1982 City Hall CALL TO ORDER The Brooklyn Center City Council met as the Board of Equalization and was called to order by Mayor Dean Nyquist at 7:09 p.m. ROLL CALL Mayor Dean Nyquist, Councilmembers Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis. Also present were City Manager Gerald Splinter, City Assessor Peter Koole, Appraiser Joe Dabruzzi, Assessing ClerksJulie Caswell and Evelyn Byron, and Administrativf Assistant Tom Bublitz. Mayor Nyquist reviewed the purpose of this evening's meeting pointing out that the City Council was serving as the Board of Equalization to conduct a review of assessed valuation within the City,and to allow a time.for public inquiry regarding local assessments after the City Assessor makes his report. The City Manager pointed out there are various steps that individuals must take when seeking adjustments in their valuations and he explained that the meeting tonight is the first stepjthen the inquiry is passed on to the County and the County then passes_ it on to the State for their review. He ekplained that the values discussed this evening will serve as the basis for 1983 taxes. He added that the Board of.Equalization reviews the City Assessor's work and he explained that the City appraisers and assessing staff are fully certified by the State of Minnesota. The City Assessor explained the appeal process, stating the channel of appeal begins with the local toard, then onto the County Board, the State Board, and finally to the tax court if carried that far. He also noted that individuals may appeal to the tax court directly without going to the County Board or State Board. He added that an individual must go to the local Poard first before they can qualify for the next step which is the County Board, and that an individual must also appeal to the County Board prior to appealing to the State Board. The City Assessor explained that the County -- 6 -7 -82 _ - t- Board of Equalization is appointed by the County Commissioners arid"that'the`Comniissioner of Revenue serves as the State Board of Equalization. The City Assessor stated that the duties and the procedures to be followed by the local Board are set in Minnesota Statute 274.01 to "examine and see that all taxable property in the City has been properly placed upon a tax list and duly valued by the Assessor ". "Furthermore ", he stated, "on application of any person feeling aggrieved, the Board shall review the assessment and correct as shall appear just ". In reviewing the duties of the City Assessor, he noted the State Statute .reads "All real property subject to taxation shall be listed and assessed every year with. reference to its value on January 2, preceding the assessment The Assessor stated this has been done and the owners of the property in Brooklyn Center have been notified of any value changes. He also pointed out that Minnesota Statute 273.11 states, "All property shall be valued at its market value The City Assessor further explained the Statute states "In. estimating and determining such value the Assessor shall not adopt a lower or different standard of value because the same is to serve as a basis for taxation; nor shall he adopt as a criterion and a value the price for which such property would sell at auction or at a forced sale, or an aggregate with all the property in the town or district; but he shall value each article or description of property by itself,, and at such sum or price as he believes the same to be fairly worth in money ". The City Assessor noted in cases where a property may so unique as to make a comparative market value hard to determine, Minnesota Case Law is clear as demonstrated in the case of State of Minnesota versus Fritch. In this case, the court stated, "It is up to the Assessor to form an opinion the market value even when there is no market or sales to aid in fixing values where there have been no actual sales for a long period of time, there is no way of determining values except by the judgment and opinion of men acquainted with`the lands, their adaptability for use and the circumstances_ of the surrounding community ". The City Assessor explained that the assessors work is based on historical value and that their data is based on actual sales and not �I projections. The City Assessor next reviewed the sales ratio studies. He explained that the 6 -7 -82 -2- sales ratio study was a substantive part of what is done by the Assessing Department. The City Assessor briefly reviewed the 1981 sales ratio study noting the aggregate ratio is 93.9 %, the median ratio is 93.2 %, th coefficient of dispersion is 6.5 %. He stated that the average sale price is $66,052 and the average market value is $61,763. He explained the Assessing Department analyzes the sales by style, location, price, age, neighborhood. He reviewed the valuations of several homes located in different parts of the City, including homes located on a lake or river, in proximity to,a highway or freeway, commercial and multiple family units, and homes located near parkland. He pointed out the y' g Q 3 d po percent of increases in the City's neighborhoods ran from <� d to 0 d and that the average increase in valuation City wide was He explained that in the 1980's the inflation rate in real estate is .expected to lag behind inflation and other areas. The City Assessor reviewed inspections by the Appraisers. He commented, that State law requires that one- fourth of the properties be revalued and inspected each year. He showed the Council on a map of the City which areas had been revalued and inspected in 1981 for the 1982 assessment. He noted in addition to the regular inspections made each year, the Assessing Department must also inspect the work on each building permit. He noted that in 1981 there were over 518 permits that had to be inspected at least once to determine what effect the work has had on the property value. The City Assessor next reviewed a tax comparison for properties which were chosen to be representative samples of homes in Brooklyn Center in two different price ranges. A comparison was made from the years 1973 to 1982. He stated these properties have not been extensively changed physically although normal maintenance and depreciation are present in their averay properties. He explained the income adjusted homestead credit (circuit breaker) has considered in the example as listed on the chart. Historically he pointed out, taxes on homesteaded properties have decreased over the years. The City Assessor then proceeded to review an example of how the homestead credit works with regard to taxes._ For his example, the City Assessor assumed a gross tax of $1,100 and when the 58% homestead credit ($638) is deducted the net 'taxes are $462. The City Assessor then assumed that the budget of the taxing authority increased by 10% or 6 -7 -82 '3- $1,100 plus $110 for a total of $1,210 reflecting the 10% budget increase. The 1982 gross tax, he pointed out, would then be $1,210 and the 58% homestead credit would be $701.80, however, the homestead credit provides a Yhaximum of $650, therefore, the net tax would be $1,210 less $650 equals $560. The tax increase from one year to the next on the example property increased $98 or a 21.2% increase. He explained that the additional increase is due to adjustments made by the State Legislature. The City Manager pointed out that the City's 'share of the total tax dollar is approximately 15% to 17 %. The City Assessor proceeded to review small apartment building sales and also the sale of four - plexes in the last five years. He explained the use of the gross rent multiplier and developing values for apartment buildings. He explained that the gross rent multiplier is obtained by dividing the sale price of the building by the gross rent of the building. He pointed out that four- plexes that were sold more than once in eleven years experienced an annual inflation rate of 34.3% with regard to their saling price. The City Assessor reviewed new legislation for the Council and pointed out that homestead properties with tax increases over 30% received refunds from the state for 7 �- % up to $200. The City Manager proceeded to review the forms submitted by persons present at this evening's meeting who wished to ask questions regarding there valuations. The first people to appear were Donald and Elizabeth Tinker, 3337 49th Avenue North, Property Identification No. 10- 118 -21 -13 -0017. He stated that his value was raised 33% in one year and that he believes this is too high since his valuation is up $18,000 from the year before. He stated that his tax statement is 100% over the year before. The City MAgYeT Assessor stated that Mr. Tinker's 1981 a eessed value was f��/70U He pointed but that in March of 1982 the property was reappraised at $61,700. He stated that this is an example of an expansion home being revalued and he noted that these types of homes were grossly undervalued until 1981 which resulted in a great tax increase when they were brought up to their proper value. He stated that he recommends the value remain as is for this property. 6 -7 -82 -4- The City Manager explained that the Assessing Staff can sit down with Mr. Tinker and compare values of other homes in his neighborhood. Mayor Nyquist stated that he would recommend that Mr. Tinker get together with Mr. Koole's staff and examine the values as suggested by the City Manager. Mayor Nyquist stated that the next person making an inquiry regarding the valuation s kk'R� of his property was Mr. William F. Sheehy, owner of the properties at 6715, 17 19, and 21 Humboldt Avenue North, Property Identification No. 35- 119- 21 -11- 0009, 0010, 0007, and 0008. Mr. Shooty stated that the property taxes on the four four - plexes he owns have gone up 200% in two years. He stated that he is questioning the formulation and fairness` in computing all multiple family type housing together. He stated that it does not seem fair to compare the small multi - family housing with large multi - family housing units. He stated that his valuation in 1981 was $112,900 and in 1982 it was $126,700 per unit. sh wire The City'Assessor stated that he agrees with Mr. Skevty in that he is competing with . larger apartment complexes. He stated that four - plexes sale at higher cost per unit than large 100 unit complexes and the assessment must reflect this. He pointed out that the State Legislature requires all multiple family type buildings that is anything over four units to be in the same tax classification. He stated that the gross rent multiplier for a four -plex is between 8 and 10 and that for larger units it is between 4 and 6. Councilmember Lhotka left the table at 8:02 p.m. The City Assessor explained that there is more.demand for four unit buildings than for sixteen unit buildings,thus the sales price is increased by the demand.- He empathized that there is more demand.for the smaller unit. Councilmember Lhotka returned to the table 8:03 p.m. The City Assessor stated that he does not see an inequity in the appraisal since the appraisal is based on the market value and it can be demonstrated that a four -plex can S� wTT� be sold for more per unit than a sixteen unit building. Mr..Sheety stated that he believe G,2arS the expenses in maintaining th4building should also be considered not just the e+ese rent SkN It multiplier. Mr. Shooty then requested information from the Assessor regarding the information the Assessing Department has on his rental income. Mayor Nyquist suggested S$ V W�t that Mr. Skegty meet with Mr. Koole and his staff to clarify some of the questions he has 6 -7 -82 - -5- regarding his property. The City Manager stated that the next person making an inquiry regarding valuation of his property was Mr. Charles Thompson, 4201 58th Avenue North, Property Indentification No. 03- 118- 21 -23- 0023. Mr. Thompson stated that between 1976 and 1981 the market value of his home increased from $56,000 to $118,800. He stated that he believes this increase is too high. He stated that his assessed valuation increased from $118,500 in 1981 to $118,800 in 1982. The City Assessor noted that Mr. Thompson's property is located on the north end of Twin Lake and is a single story home on a 2 acre lot with 2,214 sq. ft. of space. He added that the last appraisal of the property was conducted on April 10, 1981. Mr. Thompson stated that he believes the market value is not what the home would sell for and that the value has doubled since 1976. The City Manager stated that the value of most homes in the City has doubled since 1976. Hs added that by law the City Assessor is required to assess on the value of property. The City Assessor pointed out that the valuation on Mr. Thompson's property in 1979 was $83,800, in 1980 it was $97,200, in 1981 it was $118,500, and in 1982 it was $118,800. He stated that he believes the valuation on Mr. Thompson's property is far below the market value of the property. Mr. Thompson stated that he would take his protest to the next step, that being, the County. The City Manager introduced the next inquiry,from Mr. Kenneth Wutschke, 7226 Perry Court East, Property Identification No. 28- 119 -21 -41 -0163. Mr. Wutschke stated that the valuation of his property at 7226 Perry Court East has increased from a valuation of $62,100 in 1981 to $77,100 in 1982 and that he believes this is a rather large increase. The City Assessor noted that town houses were raised by a percentage this year to establis2 their valuation. He added that Mr. Wutschke's neighbor located at 7220 Perry Court East sold his unit for over $81,000. He added that the sale prices in the Creek Villa's Development have been very stable. Mr. Wutschke stated that he believes he valuation is $5,000 greater than his neighbor's valuation and his neighbor has the same floor plan. The City Assessor stated that the staff will review Mr. Wutschke's property and set up a reappraisal appointment for his property. The City Manager introduced the next inquiry,from Kathleen A. Grisser, 1708 69th Avem North, Property Identification No. 26- 119 -21 -44 -0079. He explaifi6w that: Ms. Grisser was present earlier in the meeting but that she was not present now. The City Assessor explained that the home at_1708 69th - Avenue North was an expansion home and was a non homestead property. He added that in 1980 Ms. Grisser- applied for abatement with the County and the County approved the valuation of $48,000 in 1980 and that the property is still valued at $48,000. He stated that he would recommend that the $48,000 valuation be reaffirmed. The City Assessor stated that this concludes the in person inquiries for this evening's meeting, but that a number of written protests will be entered into the record from persons who could not be present at this evening's meeting. Mayor Nyquist directed that the written protests be entered into the official meeting record. Letters of protests were received from the following: 1. Prudential Insurance Company of America, James North and Freeway Boulevard, P.I.D. 35- 119 -21 -14 -0004, 1982 value $3,900. 2. Prudential Insurance Company of America, 1600 and 1700 Freeway Boulevard,_ P.I.D. 35- 119 -21 -14 -0011, 1982 value $1,570,900. 3. Prudential Insurance Company of America, 6820 Shingle Creek Parkway P.I.D. 36- 119 -21 -12 -0002, 1982 value $2,638,200. 4. Prudential Insurance Company of America, 6840 Shingle Creek Parkway PI.D 35- 119 -21 -21 -0003, 1982 value $2,246,300. 5. B & G Realty Incorporated, 6415'James Circle North, P.I.D. 36- 119 -21 -42 -0003, 1982 value $1,500,000. 6. Edwin W. Elmer, 6500 West River Road, P.I.D. 36- 119 -21 -13 -0008, 1982 value $163,800. The City Assessor stated.that he will be meeting with a representative of the Prudential Insurance Company of America this week to discuss the problems related to the protested valuations. He stated that he would recommend that the current values' be reaffirmed,pointing out,that this action would protect the right of appeal of the property owners to the next level. He added that he is awaiting information from the B & G Realty Incorporated and Mr. Edwin W. Elmer regarding the valuations of their 6 -7 -82 -7- properties. Mayor Nyquist noted that the Board of Equalization meeting would be continued to the June 14 City Council meeting and at that time the Council would review as many properties as the staff can report on in time for that meeting. Mayor Nyquist adjourned the Board of Equaliaation meeting at 8:40 p.m. 6 -7T82 -8- MINUTES OF THE PROCEEDINGS Or THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA Board of Equalization June 7, 1982 City Hall C ALL TO ORDER The Brooklyn Center City Council met as the Board of Equalization and was called to order by Mayor Dean Nyquist at 7:09 p.m. ROLL CALL Mayor Dean Nyquist, Councilmembers Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis. Also present were City Manager Gerald Splinter, City Assessor Peter Koole, Appraiser Joe DaBruzzi, Assessing Clerks Julie Caswell and Evelyn Byron, and Administrative Assistant Tom Bublitz. Mayor Nyquist reviewed the purpose of this evening's meeting pointing out that the City Council was serving as the Board of Equalization to conduct -a review of assessed valuation within the City, and to allow a time for public inquiry regarding local assessments after the City Assessor makes his report. The City Manager pointed out that there are various steps that individuals must take when seeking adjustments in their valuations and he explained that the meeting tonight is the first step after which the inquiry is passed on to the County, and the County then passes it on to the State for their review. He explained that the values discussed-this evening will serve as the basis for 1983 taxes. He added that the Board of Equalization reviews the City Assessor's work and he explained that the City appraisers and assessing staff are fully certified by the State of Minnesota. The City Assessor explained the appeal process, stating the channel of appeal begins with the local Board, then onto the County Board, the State Board, and finally to the tax court if carried that far. He also noted that individuals may appeal to the tax court directly without going to the County Board or State Board. He added that an individual; must go to the local Board first before they can qualify for the next step, which is the County Board, and that an individual must also appeal to the County Board prior to appealing to the State Board. The City Assessor explained that the,County Board of Equalization is appointed by the County Commissioners and that the Commissioner of Revenue serves as the State Board of Equalization. The,City Assessor 'stated that the duties and the procedures to be followed by the local Board are set in Minnesota Statute 27C01 to "examine and see that all taxable property in the City has been properly plated upon.a tax list and duly valued by the Assessor ". "Furthermore ", he stated, "on application of any person feeling i aggrieved, the Board shall review the assessment and correct as shall appear just ". In reviewing the duties of the City Assessor, he noted the State Statute reads "All real property subject to taxation shall be listed and 'assessed every year with reference to its value on January 2, preceding the assessment ". The Assessor stated this has been donee and the owners of the property in Brooklyn Center have been notified of any value changes. He also pointed out that Minnesota Statute 273.11 states, "All property shall be valued at its market value ". The City Assessor 6 -�7 -82 -1- K further explained the Statute states - "In estimating and determining such value j the Assessor shall not adopt a lower or different standard of value because the same is to serve as a basis for taxation; nor shall he adopt as a criterion and. a value the price for which such property would sell at auction or at a_forced sale, or an aggregate with all the property in the town or district; but he shall value each article or description of property by itself, and at such sum or price as he believes the same to be fairly worth in money ". The City Assessor noted in cases where a property may be so unique as to make a comparative market value hard to determine, Minnesota Case Law is clear as demonstrated in the case of State of Minnesota versus Fritch. In this case, the court stated, "It is up to the Assessor to form an opinion of the market value even when there is no market or sales to aid in fixing values, where there have been no actual sales for a long period of time, there is no way of determining values except by the judgment and opinion of men acquainted with the lands, their adaptability for use and the circumstances. of the surrounding community The City Assessor explained that the assessor's work is based on historical value and that their data is based on actual sales and not projections. The City Assessor next reviewed the sales ratio studies. He explained that the sales ratio study was a substantive part of what is done by the Assessing Department._ The City Assessor briefly reviewed the 1981 sales ratio study noting the aggregate ratio is 93.9 %, the median ratio is 93.2 %,. and the coefficient of dispersion is 6.5 %. He stated that the average sale price is $66,052 and the average market value is'$61,763. He explained the Assessing Department analyzes the sales by style, location, price, age, and neighborhood. He reviewed the valuations of several homes located in different parts of the City, including homes located on a lake or river, in proximity to a highway or freeway, commercial and multiple .family units, and homes located near parkland. He pointed out the percent of increases in sale prices in the City's neighborhoods ranged from 3% to 8t and that the average increase in.valuation City wide was 5.9 %. He explained that in the 1980's the inflation rate in real estate is expected to lag behind inflation in other areas. The City Assessor reviewed inspections by the Appraisers. He commented that State' law requires one - fourth of the properties in the City be revalued and inspected each year. He showed the Council on a map of the City which areas had been revalued and inspected in 1981 for the 1982 assessment. He noted in addition to the regular inspections made each year, the Assessing Department must also inspect the work on each building permit. He noted that in 1981 there were 518 permits that had to be inspected at least once to determine what effect the work has had on the property value. The City Assessor next reviewed a tax comparison for properties which were chosen to be representative samples of homes in Brooklyn Center in two different price ranges.. A comparison was made from the years 1973 to 1982. He stated these properties have not been extensively changed physically although normal maintenance and depreciation are present in their average properties. He explained the income adjusted homestead credit (circuit breaker) has not been considered in the example as listed on the chart. Historically, he pointed out, taxes on homesteaded properties have decreased over the years. The City Assessor then proceeded to review an example of how the homestead credit 6 -7 -82 -2 works with regard to taxes. For his example, the City Assessor assumed a gross tax of $1,100; when'the 58% homestead credit ($638) is deducted the net taxes are $462. The City,Assessor then assumed that the budget of the taxing authority increased by 10 %, or $1,100 plus $110 for a total of $1,210 reflecting the 10% budget increase. The 1982 gross tax, he pointed out, would then be $1,210 and the 58% homestead credit would be $701.80; however, the homestead credit provides a maximum of $650, therefore, the net tax would be $1,210 less $650 or $560. The tax increase from one year to the next on the example property increased $98 for a 21.2% increase. He explained that the additional increase is due to adjustments made by the State Legislature. The City Manager pointed out that the City's share of the total tax do Ilar is approximately 15% to 17 %. The City Assessor proceeded to review small apartment building sales and also the sale of four- plexes!,in the last five years. He explained the use of the gross rent multiplier in !developing values for apartment buildings. He explained that the gross rent multiplier is obtained by dividing the sale price of the building by the gross rent of the building. He pointed out that four- plexes that were sold more than once in eleven years experienced an annual inflation rate of 34.3% with regard to their selling price. The City Assessor reviewed new legislation for the Council and pointed out that homestead propertieIs with tax increases over 30% received refunds from the state for 75% up to $200.' Mayor Nyquist proceeded to review the forms submitted by persons present at this evening's meeting Who wished to ask questions regarding their valuations. The first persons to appear were Donald and Elizabeth Tinker, 3337 - 49th Avenue North, PID No. 10- 118 -21 -13 -0017. Mr. Tinker stated that his value was raised 33% in one year and that be believes this is too high since his valuation is up $18,000 from the year before. He stated that his tax statement is 100% over the year before. The City Assessor stated that Mr. Tinker's 1981 market value was $64,700. He pointed out that in March of 1982 the property-was reappraised at $61,700. He stated that this is an example of an expansion home being revalued and he noted that these types of homes were grossly undervalued until 1981 which resulted in great tax increase ''when they were brought up to their proper value. He stated that he recommendsl,the value remain as is for this property. The City Manager explained that the Assessing Staff can sit down with Mr. Tinker and compare values'of other homes in his neighborhood. Mayor Nyquist stated that he would recommend,that Mr. Tinker get together with Mr., Koole's staff and examine the values as suggested by the City Manager. Mayor Nyquist stated that the next person making an inquiry regarding the valuation of his property was Mr. William F. Shutte, owner of the properties at 6715, 17, 19, and 21 Humboldt Avenue North, PID No. 35- 119 -21 -11 -0009, 0010, 0007, and 0008. Mr. Schutte stated that the property taxes on the four four - plexes he owns have gone up 200% in two years. He stated that he is questioning the fairness of computing the values of all multiple family type housing together. He stated that it does not seem fair to compare the small multiple family housing with large multiple; family housing units. He stated that his valuation °in• 1981 was $112,900 and,in. 1982 it was $126,700 per unit. The City Assessor stated that he agrees with Mr. Shutte in that he is competing with larger apartment complexes. He stated that 6 -7 -82 -3- four- plexes sell at a higher cost per unit than large 100 unit complexes and the assessment must reflect this. 'He pointed out that the State Legislature requires all multiple family type buildings, which includes anything over four units, to be in the same tax classification. He stated that the gross rent multiplier for a four -plex is between 8 and 10 and that for larger units it is between 4 and 6. Councilmember Lhotka left•the table at 8:02 p.m. The City Assessor explained that there is more demand for four unit buildings than for sixteen unit buildings, thus the sales price is increased by the demand. He emphasized that there is more demand for the smaller unit. Councilmember Lhotka returned to the table 8:03 p.m. The City Assessor stated that he does not see an inequity in the appraisal since the- appraisal is based on the market value and it can be demonstrated that a four plex can be sold for more per unit than a sixteen unit building. Mr. Shutte stated that he believes the expenses in maintaining the building should also be considered not just the gross rent multiplier. Mr. Shutte then requested information from the Assessor regarding the information the Assessing Department has on his rental income. Mayor Nyquist suggested that Mr. Shutte meet with Mr. Koole and his staff to clarify some of the questions he has regarding his property. Mayor Nyquist stated that the next person making an inquiry regarding valuation of his property was Mr. Charles Thompson, 4201 - 58th Avenue North, PID No. 03- 118 -21- 23 -0023. Mr. Thompson stated that between 1976 and 1981 the market value of his home increased from $56,000 to $118,300. He stated he believes this increase is too high. He stated his assessed valuation increased from $118,500 in 1981 to $118,800 in 1982. The City Assessor noted that Mr. Thompson's property is located on the north end of Twin Lake and is a single story home on a 2� acre lot with 2,214 sq. ft. of space. He added that the last appraisal of the property was conducted on April 10, 1981. Mr. Thompson stated he believes the market value is not what the home would sell for and that the value has doubled since 1976. The City Manager stated that the value of most homes in the City has doubled since 1976. He added that by law the City Assessor is required to assess on the value of property. The City Assessor pointed out that the valuation on Mr. Thompson's -- pr- _ in 1979 was $83,800, in 1980 it was $97,200, in 1981 it was $118,500, and in 1982 it was $118,800. He stated that he believes the valuation on Mr. Thompson's property is far below the market value of the property. Mr. Thompson stated he would take his protest to the next step, that being, the County. Mayor Nyquist introduced the next inquiry, from Mr. Kenneth Wutschke, 7226 Perry Court East, PID No. 28- 119 -21 -41 -0163. Mr. Wutschke stated that the valuation of his property at 7226 Perry Court East has increased from a valuation of $62,100 in 1981 to $77,100 in 1982 and that he believes this is a rather large increase. The City Assessor noted that townhouses were raised by a percentage this year to establish their valuation. He added that Mr. Wutschke's neighbor located at 7220 Perry Court East sold his unit for over $81,000. He added that the sale prices in the Creek Villa's Development have been very stable. Mr. Wutschke stated he believes his valuation is $5,000 greater than his neighbor's valuation and his neighbor has the same floor plan. The City Assessor stated that the staff will review Mr. Wutschke's property and set up a reappraisal appointment for his property. 0 6 -7 -82 -4- Mayor Nyquist introduced the next inquiry, from Kathleen A. Grisser, 1708 - 69th Avenue North, PID No. 26- 119 -21 -44 -0079. He explained that apparently Ms. Grisser • was present earlier in the meeting but that she was not present now. The City Assessor explain6d' that the hc)me at 1708 69th Avenue.North was an expansion home and was a non - homestead property. He added that in 1980 Ms. Grisser applied for an abatement with the County and the County approved the valuation of $48,000 in 1980 and that the property is still valued at $48,000. He stated that he would recommend the $48,000 valuation be reaffirmed. The City Assessor stated that this concludes the in person inquiries for this evening's meeting, but that a number of written protests will be entered into the record from persons who could not be present at this evening's meeting. Mayor Nyquist directed that the written protests be entered into the official meeting record. Letters.of protests were received from the following: 1. Prudential Insurance Company of America, James North and Freeway Boulevard, PID No. 35- 119 -21 -14 -0004, 1982 value $3,900. 2. Prudential Insurance Company of America, 1600 and 1700 Freeway Boulevard, PID No. 35- 119 -21 -14 -0011, 1982 value $1,570,900. - - 3. Prudential Insurance Company of America, 6820 Shingle Creek Parkway,' PID No. 36- 119 -21 -12 -0002, 1982 value $2,638,200. 4. Prudential Insurance Company of America, 6840 Shingle Creek Parkway, PID No. 35- 119 -21 -21 -0003, 1982 value $2,245,300. • 5. B & G Realty Incorporated, 6415 James Circle North, PID No. 36- 119 -21 -42 -0003, 1982 value $1,500,000. 6. Edwin W. Elmer, 6500 West River Road, PID No. 36- 119 -21 -13 -0008, 1982 value $163,800. The City Assessor stated that he will be meeting with a representative of the Prudential Insurance Company of America this week to discuss the problems related to the protested valuations. He stated he would recommend that the current values be reaffirmed, poi!ting out that this action would protect the right of appeal of the property owners to the next level. He added that he is awaiting information from B & G Realty Inc. and Mr. Edwin W. Elmer regarding the valuations of their properties. Mayor Nyquist noted that the Board of Equalization meeting would be continued to the June 14 City Council meeting and at that time the Board would review as many properties as the taff can'report on in time for that meeting. Mayor Nyquist adjourned the Boar; of Equalization meeting at 8:40 p.m. Clerk Mayor 6 -7 -82 -5- 1982 BOARD OF EQUALIZATION Appeals by Letter of Protest Owner Property Recommendations on Letter Appeals 1. Prudential Insurance Company of Amercia PID# 35- 119 -21 -14 -0004 We are currently waiting for additional c/o Property Evaluation Services 1982 Value: $ 3,900. information from the owner so that we may Suite 720, Miami Valley Tower 'Type: Vacant Land complete our review of these properties. 40 West Fourth Street Address: James N. & Freeway Blvd. I recommend that the Board affirm the Dayton, Ohio 45402 Assessor's 1982 Market Value on these p ropert ie s, an t he staff will c on t inu e to work with the property owner. 2. Same as above. PID# 35- 119 -21 -14 -0011 Same as above. 1982 Value: $1,570,900 Type: Office /Warehouse Address: 1600 & 1700 Freeway Blvd. 3. Same as above. PID# 35- 119 -21 -12 -0002 Same as above. 1982 Value: $2,638,200 Type: Office /Warehouse Address: 6820 Shingle Creek Pkwy. i 4. Same as above. PID# 35- 119 -21 -21 -0003 Same as above. 1982 Value: $2,245,300 Type: Office /Warehouse Address: 6840 Shingle Creek Pkwy. 5. B. & G. Realty,-Inc. PID# 35- 119 -21 -42 -0003 Additional information has been requested The Marcus Corporation 1982 Value: $1,500,000 from the owner to complete a review of his 212 West Wisconsin Avenue Type: Motel 1982 Market Value. I recommend that the Milwaukee, Wisconsin 53203 Address 6415 James Circle N. Board affirm the Assessor's 1982 Market Value 6. Edwin W. Elmer PID# 36- 119 -21 -13 -0008 Additional information has been requested 2901 Pleasant Avenue 1982 Value: $ 163,800 from the owner to complete a review of his Minneapolis, Mn. 55408 Type: Motel 1982 Market Value. I recommend that the Address: 6500 West River Road Board affirm the Assessor's 1982 Market Value MINUTES OF THE PROCEEDING OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER •IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA Board of Equalization June 1, 1981 City Hall CALL TO ORDER The Brooklyn Center City Council met as the Board of Equalization and was called to order by Mayor Dean Nyquist at 7:05 p.m. ROLL CALL F Mayor Dean Nyquist, Councilmembers Tony Kuefler, Bill Fignar, Gene Lhotka, and Celia Scott. Also present were City Manager.Gerald Splinter, City Assessor Peter Koole, Appraisers Jerry Ritter and Joe Dabruzzi, Assessing Clerk Grace Geske, and Administrative Assistant Tom Bublitz. The City Manager stated the City Assessor was prepared to review the purpose of the Board of Equalization, conduct a procedural review of property taxation, and present the City Assessor's report. He noted that, following the Assessor's presentation, there would be for public inquiry regarding local assess- ments. The City Manager requested that all persons present who wished to make inquiries regarding their assessments please fill out the appropriate /,Z- forms and present them to the City Assessor. The City Assessor explained the appeal process, stating the channel of appeal ® begins with the local Board, then onto the County Board, the State Board, and finally to the tax court if carried that far. He also noted that individuals may appeal to the tax court directly without going to the County Board or State Board. �c9 «.�v.®.s �► d s ®- tJ 1 yd.•,rr�^. ss s+ ,y The City Assessor stated the duties and the procedures to be followed by th� local Board are set in Minnesota Statute 274.01 to " examine and see that a ll taxable property in the City has been properly placed upon a tax list and duly valued by the Assessor urtrmore e stated, "on application of any person feeling aggrieved, the Board shall review the assessment and correct as shall appear just ". In reviewing the duties of the City Assessor, he noted the State Statute reads "All real property subject to taxation shall be listed and assessed every year with reference to its value on January 2, preceding the assessment ". The Assessor If noted this has been done and the owners of the property in Brooklyn Center have been notified of any value changes. Additionally, the City Assessor explained Minnesota Statute 273.11 states, "All property shall be valued at its market value ".. The City Assessor further explained the Statute states "In estimating and determining such value the Assessor shall not adopt a lower or different standard of value because the same is to serve as a basis for taxation; nor shall he adopt as criterion and a value the price for which such property would sell at auction or at a forced sale, or an aggregate.with all the property in the town or district; but he shall value each article or description of property by itself, and at such sum or price as he believes the same to be fairly worth • in money ". The City Assessor noted in cases where a property may be so unique as to make a comparative market value hard to determine, Minnesota Case Law is clear as demonstrated in the case of State of Minnesota versus Fritc In this case, the court stated, "It is up to the Assessor to form an opinion of the market value even when there is no market or sales to aid in fixing values -where 6 -1 -81 -1- �N there have been no actual sales for a long period of time, there is no 2 way ( ® of determining values except by the judgment and .opinion of men acquain with the lands, their adaptability for use and the bircumstances of the surrounding community ". The City Assessor next reviewed the sales ratio studies. He referred the Council to a copy of a graph received in the Agenda packet, stating the sales ratio study was a substantive part of what is done by the Assessing Department. The City Assessor. briefly ev„i ewed the 1981 sales ra ' o study noting the ��` �2 aggregate r o ' 94.8�,he median ratio i 94 he coefficient of dispersi`6.0 The average sale price is 60,412 n e average market alue i $57,272. He explained the Assessing ° Department analyzes the sales yle, location, price and neighborhood. He reviewed the valuations of t0! several homes located in different parts of the City, including homes located on a lake or river, in proximity to a highway or freeway, commercial and multiple family units, and homes located near parkland. He showed the Council a neighborhood map which had been prepared and discussed the general percent of increase in various areas of the City. He stated the figures indicate that with various increases throughout the City the Assessment Department obtained a reasonably well grouped set of ratios in every neighborhood City wide. He pointed out the percent of increases in the City's neighborhoods ranged fro 4.5% to 11% and that the average increase in valuation City wide was 8 to F es. The City Assessor reviewed inspections made by the Appraisers. He.commented, State law requires that one - fourth of the properties be revalued and inspected each year. He showed the Council on a map of the City which areas had been revalued and inspected in 14 -for the assessment. He noted in addition to the regular inspections each yea t Assessment Department must also t the work on each building permit. He noted in 198 there were over 00 6 rmits that had to be inspected at least once to deteLne what effect the w ork has had on the property value. The City Assessor next reviewed a tax comparison for properties which were chosen to be representative samples of homes in Brooklyn Center in two different price ranges. A comparison was made from the years 1973 to 198?, He stated these properties have not been extensively changed physically although normal main- tenance and depreciation are present in their average properties. He explained the income adjusted homestead credit (circuit breaker) has been considered in the example as listed on the chart. v gone up wa ease. that the City's share of the total tax ollar is approximately 15% to k"Tk H ents wined. t he 15� to 18� of the t ar rece �.ved--by° ° S approximately C�JV VL The City Manager proceeded to review the forms submitted by persons present at this evening's meeting who wish to ask questions regarding their valuations. The first person to appear was Mr. Gene Sorby, 6437 Emerson Avenue North, Property Identification I3o. 36- 119 -21 -32 -0084. Mr. Sorby stated his home has been valued at $67,000 and that he paid only $63,000 for the home three months ago. The City Assessor stated that he will have the City's Property Appraisers review Mr. Sorby's valuation and make a recommendation to the City Council at the next meeting. The City Manager stated the Board can defer any action on 6 - -81 -2- the valuation of Mr. Sorby's property until the staff reviews the valuation and reports back to the Council. The next person to appear was Mr. Robert Melina, 3919 61st Avenue North, Property Identification No. 03- 118- 21 -21- 0127. Mr. Melina stated that his valuation had been $48,000 previously and is now $62,000. He stated his house is 42 years old and that he has made no improve - ments to the ro ert and that he was here this evening to find out why his P p Y g valuation had increased from $48,000 to $62,000. The City Assessor reviewed Mr. Melina's past valuations noting that the property in question had been valued at $49,900 in 1979, $58,300 in 1980 and $62.,000 in 1981. He noted the increase in property valuations have followed a normal percentage increase in valuation as compared to other similar properties in the City. The City Manager pointed out the Appraisers can physically inspect only 2000 homes per year and that this is why the sales ratio is used in determining valuations for homes which the Appraisers cannot physically inspect. He noted the City's Appraisers can review this property along with sales of other homes in the area. The City Manager stated the next individual making an inquiry regarding the valuation of his property was Mr. Paul Linton, 6915 Indiana Avenue North, Property Identification No. 27- 119- 21 -34- 0005. Mr. Linton stated he tried to sell his home approximately 4 years ago and at that time the FHA valued his home at $25,000. He explained his home did not meet FHA requirements since there was no basement in the home. The City Assessor.explained $46,800 is the current value of Mr. Linton's home and that his property has not been appraised recently. He explained the Appraisers can review and inspect Mr. Linton's home and return back to the Council with their inspection report. i The City Manager introduced the next inquiry from Mr. Earl Dukatz, 5655 Northport Drive, Property Identification No. 03- 118- 21 -42- 0009. The City Assessor explained that the City's Appraisers had problems gaining entry to appraise this property and that the staff will report back to the Council after the property has been inspected and reviewed. He stated the staff anticipates no problem with this property. The City Manager introduced the next inquiry from Lucille Hargzi, 3527 27th Avenue North, Property Identification No. 10- 118 -21 -42 -0024. He explained Ms. Hargzi.'s concern was with the increase in valuation of her property. The City Assessor stated the property in question has been valued $159,500 for 1981 and is an eleven unit apartment building. He added, he believes this property is grossly undervalued. He cited examples of other apartment buildings noting a four unit apartment building on Lake Breeze Avenue sold for $167,000 in 1980. He stated another four unit building at 6637 Humboldt Avenue North sold for $172,900 in 1980. He added, in 1982 the staff will undertake 'a major apartment study throughout the City. The City Manager pointed out that the State Legislature has shifted the tax relief to homestead property and not commercial properties, resulting in an increased share of the tax burden for commercial property owners. The City Assessor pointed out that Ms. Hargzi's property at 3527 27th Avenue North was valued at $140,300 in 1980 and $159,500 in 1981. Councilmember Lhotka stated that he wanted to clarify the fact that taxes are set to a great extent by the State Legislature and not by local City Councils.. The City Manager pointed out, in apartment properties tax relief is given to the renter since the State views the renter as the ultimate taxpayer on cor-nercial properties. He explained the tax burden has been taken off the single family home in recent years and a greater share of the burden has been placed on apartment buildings. 6 -1 -81 -3- The City Manager introduced the next inquiry, which was submitted by Mr. Amos LeVang owner of the properties at 4100 Lake Breeze Avenue and 4816 Lake View Avenue North, Property Identification No. 10- 118 -21 -32 -0068. Mr. LeVang .stated he was opposed to the system set up by the Legislature which has placed a greater share of the tax burden on apartment properties. He stated he realizes the City Council's hands are tied with regard to the State's actions. He explained his four -plex, located at 4100 Lake Breeze Avenue, has increased 80% in valuation and that the taxes have increased 83% to almost $1,800. He stated there was a problem with the tax system and that something must be done to, bring the selling price of property down to a reasonable level. He added, the system is also unfair to renters. The City Manager stated the City can invite local legislators in to discuss the problem and emphasized to Mr. LeVang that he should carry his protest forward to the State Legislature. The City Assessor noted that what Mr. LeVang is saying is true and that the State has been responding to a certain segment of the population, that being the homesteads not commercial and industrial property. Mr. LeVang stated he has no objections to the actual taxes he paid last year, but that he is opposed to the system that is placing a greater tax burden on commercial property. The City Manager explained the City staff has discussed this problem with local legislators in the past. Mayor Nyquist suggested that the City use Mr. LeVang's data and forward a resolution to the State Legislature regarding this problem. The City Manager requested Mr. LeVang to include the information he presented this evening in a letter that the City could pass along to the State Legislature along with a resolution. The City Manager introduced the next inquiry from Mr. Urban Sander, 6732 Willow Lane, Property Identification No. 36- 119 -21 -12 -0013. Mr. Sander stated that other properties in his neighborhood were paying lower taxes than his property even though he had a smaller house. in light of this difference he inquired why his taxes were greater. The City Assessor stated the City's Appraisers will show comparable valuations in Mr. Sander's neighborhood and will also show any values on any property which Mr. Sander's feels is comparable. Mrs. Sander's stated the taxes on a $60,000 home are $800 and on a $120,000 home are $1,500. She- inquired why the taxes were structured in this manner. The City Assessor stated the higher the value of the property, the higher the tax rate, noting that this is the way the tax system is structured. Discussion followed regarding the general trend of home sales in the area and the inflated prices of homes. Mrs. Sander's stated she had no complaints with the market value the Appraisers have chosen to set and in fact she would not sell for that price. She did note, however, that she was concerned with the inflated prices of homes and the inability of many people to sell there home in today's market. The City Manager introduced the next inquiry from Ms. Audrey Alford, 5306 Camden Avenue North, Property Identification No. 01- 118 -21 -43 -0077. Ms. Alford questioned the current market value of her home noting that the market value of her home was $29,600 in 1980 and was increased to $43,800 in 1981. The City Assessor explained the home consisted of 795 sq. feet with a double garage and that the home was reappraised during the past appraisal period. He explained the average value in Ms. Alford's neighborhood has been generally only one -half that of the rest of the City thus creating more demand for housing in the neighborhood and thereby increasing the valuation. He noted that only 12 homes in the City sold for under $40,000 as of- August 1980. He noted the staff will review the appraisal of Ms. Alford's home with her and will report back to the City Council on..this review. 6 -1 -81 -4- d The City Manager stated that this concludes the in person inquiries for this evening's meeting, but that a number of written protests will be entered into • the record from persons who could not be present at this evening's meeting. Mayor Nyquist noted and entered into the meeting record, the written protest of persons who were not able to appear at this evening's meeting. Letters of protest were received from the following individuals: 1. Mr. Robert Regan, 4435 68th Avenue North, Property Identification No. 34- 119 -21 -22 -0012. 2. Lionel Corporation /Toy City, Property Identification No. 02- 118 -21 -11 -0005. 3. Prudential. Insurance Company, Property Identification No. 35- 119- 21 -14- 0004, and 55- 119- 21 -14- 0011. a 4. Texas International Airlines, RLS 1380, Property Identification No. 02- 118 -21 -11 -0001. 5. Health Industries, Incorporated, Executive Health Spa, Property Identification No. 02- 118 -21 -23 -0019. 6. Plitt N. C Theater's, Incorporated, Brookdale, 2501 County Road 10, Property Identification No. 02- 118 -21 -24 -0013. 7. Gabbert & Beck Incorporated, Tract A except Highway RLS 1235 -22- 89757- 5000- 281 -0, Property Identification No. 03- 118- 21 -14- 0022. • 8.. McDonald's Restaurants of Minnesota Incorporated, 5525 Xerxes Avenue North, Property Identification No. 03- 118 -21 -41 -0020. 9. Lowry MLS Realtors, 7000 Brooklyn Boulevard, Property Identification No. 27- 119 -21 -33 -0006 and 27- 119 -21 -33 -0007. Shingle Creek Parkway Properties, of America Y p 10. Prudential Insurance Company rt Identification No. 35- 119 -21 -12 - 0002. 6820 Shingle Creek Parkway, Property g Y 11. Prudential, 6840 Shingle Creek Parkway, Property Identification No. 35- 119- 21 -21- 0003. Councilmember Kuefler suggested the Board of Equalization meeting be continued to the June 8, 1981 Council meeting and at that time the Council would review as many properties as the staff can report on in time for that meeting. Mayor Nyquist noted the Board of Equalization meeting will be continued to June 8, 1981 at 7:00 p.m. PURCHASE OF XEROX MACHINE The City Manager reviewed the memorandum in the Council's packets regarding copying costs for the City. He explained at the present time the City is paying $937 per month for the Xerox 7000 and that an identical machine is available from the City of Fridley for $7,500 plus moving expenses of approximately $300. He stated the staff is requesting the Council's authorization to submit a bid for $7,500 on the Xerox machine. He added, • the normal cost for a used machine of this type is between $1.5,000 and $20,000. Mayor Nyquist inquired how old the used machine was. The City Manager explained the used machine was approximately 5 to 6 years old. _6 -1 -81 -5- b I i There was a motion by Councilmember Scott and seconded by Councilmember Fignar' to authorize a bid of $7,500 for the Xerox machine currently owned by the City • of Fridley. Voting in favor.: Mayor Nyquist, Councilmembers Kuefler, Fignar, Lhotka, and Scott. Voting against: none. The motion passed unanimously. ADJOURNMENT There was a motion by Councilmember Kuefler and seconded by Councilmember Fignar to adjourn the Board of Equalization meeting. Voting in favor: Mayor Nyquist, Councilmembers Kuefler, Fignar, Lhotka, and Scott. Voting against: none. The motion passed unanimously. The meeting was adjourned at 8:40 p.m. Clerk Mayor • 6 -1_81 -6- w 1982 BOARD OF EQUALIZATION Appeals by Letter of Protest Owner Property 11A Recommendations on Letter Appeals 1. Prudential Insurance Company of Amercia PIN 3e-119-21-14-0004 S4 We are currently waiting for additional c/o Property Evaluation Services 1982 Value: $ 3,900. information from the owner so that we may Suite 720, Miami Valley Tower Type: Vacant Land complete our review of these properties. 40 West Fourth Street Address: James N. & Freeway Blvd. I recommend that the Board affirm the Dayton, Ohio 45402 Assessor's 1982 Market Value on these properties, and the staff will continue to work with the property owner. 2. Same as above. PIN 35- 119 -21 -14 -0011 Same as above. 1982 Value: $1,570,900 Type: Office /Warehouse Address: 1600 & 1700 Freeway Blvd. 3. Same as above. PIN 35- 119 -21 -12 -0002 Same as above. 1982 Value: $2,638,200 Type: Office /Warehouse Address: 6820 Shingle Creek Pkwy. 4. Same as above. PIN 35- 119 -21 -21 -0003 Same as above. 1982 Valuer $2,245,300 Type: Office /Warehouse Address: 6840 Shingle Creek Pkwy. 5. B. & G. Realty,-Inc. �a'�PID# 35- 119 -21 -42 -0003 Additional information has been requested The Marcus Corporation `' 1982 Value: $1,500,000 from the owner to complete a review of his 212 West Wisconsin Avenue Type: Motel 1982 Market Value. I recommend that the Milwaukee, Wisconsin 53203 Address: 6415 James Circle N. Board affirm the Assessor's 1982 Market Value 6. Edwin W. Elmer PIN 36- 119 -21 -13 -0008 Additional information has been requested 2901 Pleasant Avenue 1982 Value: $ 163,800 from the owner to complete a review of his Minneapolis, Mn. 55408 Type: Motel 1982 Market Value. I recommend that the Address: 6500 West River Road Board affirm the Assessor's 1982 Market Value CITY OF BROOKLYN CENTER 1982 BOARD OF EQUALIZATION 1. Donald A. Tinker PID# 10- 118 -21 -13 -0017 3337 - 49th Avenue North Brooklyn Center, Mn. 55429 2. William F. & Bonnis L. Shutte 6715 Humboldt Avenue North 35- 119 -21 -11 -0009 6717 It to it 11 -0010 I 6719 It it 11 -0007 6721 it it -0008: Brooklyn Center, Mn. 55430 fo -6 ' 3. Charles P. Thompson 03- 118 -21 -23 -0023 4201 - 58th Avenue North i Brooklyn Center, Mn. 55429 'f"fw 4. Kenneth E. & Patricia R. Wutschke 28- 119 -21 -41 -0163 7226 Perry Court East .Brooklyn Center, Mn. 55429 5. Kathleen A. Grisser 26- 119 -21 -44 -0079 ^--°- 1708 - 69th Avenue North Brooklyn Center, Mn. 55430 6. Prudential Insurance Company of America 35-119-21-14-0004 Vacant Land 7. Prudential Insurance Company of America 35- 119- 21 -14- 0011 1600 & 1700 Freeway Boulevard Brooklyn Center, Mn. 55430 8. Prudential Insurance Company of America 35- 119 -21 -12 -0002 6820 Shir:gle Creek Parkway Brooklyn Center, Mn. 55430 9. Prudential Insurance Company of America 35- 119 -21 -21 -0003 6840 Shingle Creek Parkway Brooklyn Center, Mn. 55430 10. B. & G. Realty, Inc. 35- 119 -21 -42 -0003 6415 James Circle North Brooklyn Center, Mn. 55430 .11. Edwin W. Elmer 36- 119 -21 -13 -0008 6500 West River Road Brooklyn Center, Mn. 55430