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MINUTES OF THE BEETING OF THE EDINA BOARD OF REVIEW <br />HELD THURSDAY, JULY 13, 1967, AT 5:OO P.M. <br />AT THE EDINA VILLAGE HALL <br />Council Members Courtney, MacMillan and VanValkenburg served as Board of Review, <br />with Tnistee VanValkenburg presiding. Village Assessor Donald Kearns 'and Mr. Ralph <br />Johnson of the Village Assessor's Office were present as were Mr. Wayne Johrkon, <br />Hennepin County Supervisor of Assessments and Nr. Robert Martin of the County <br />Assessor ' s Office . I The meeting was convened at 5:OO P.M. pursuant to "Notice of Board of Review Meet- <br />ing" published in the Edina Courier on June 29 and July 6 and posted on June 27, <br />1967 <br />Hr. Kearns presented a '*Summary of Assessed Value" for the period of 1958 through <br />1967, showing a 6% increase in assessed value for the past year to $43,473,609. He <br />pointed out that personal property estimates would not be available until September <br />1 because of the choice under the new law offered to business establishments of pay- <br />ing tax on either inventory or equipment. <br />for the year 1967 be approved as presented by the Village Assessor was seconded by <br />Trustee Courtney and carried. <br />Trustee MacMillan's motion that valuations <br />Mr. Samuel Schneider, owner of the dwelling located on Lot 6, Block 9, Indian Hills <br />Addition, complained that his taxes at approximately $2,300 are unreasonably high in <br />proportion to other comparable properties. He presented pictures of other dwellings <br />which he claimed were comparable in value but whose taxes'were considerably lower <br />than taxes for his home. Mr. Kearns advised that he had set an assessed valuation <br />on Mr. Schneider's house,which is located at 6620 Iroquois Trail, at $73,000, based <br />on his measurement of 3,031 square feet. <br />that tIiLs figure is low in terms of present market prices. Mr. Schneider pointed out <br />that he values his property between $70,000 and $75,000, but repeated his argument <br />that the house was not assessed in-#proportion tb assessments of the other properties- <br />previously mentioned. Trustee VanValkenburg advised that since EIr. Kearns and Mr. <br />Schneider agree on the value of the house, the ohly' thing that can be done is to re- <br />value the other properties mentioned by Mr. Schneider, whereupon Trustee MacMillan's <br />motion that the assessment remain as established by Mr. Kearns was seconded by <br />Trustee Courtney and carried. <br />his rights to carry the matter to the Hennepin County Supervisor of Assessments: <br />Mr. Johnson pointed out that as long as there is no basic difference between Mr. <br />Kearns' and lir. Schneider's valuations, he did not think that his office would make <br />any adjustment. in the current assessment. <br />He further pointed out that he believes <br />D Trustee VanValkenburg then advised Mr. Schneider of <br />Mr. Kearns pointed out that Mr. Schneider's arguments emphasized the need for chmplete <br />revaluation of lots for 1968 in order to arrive at 100% of market value. Mr. Johnson <br />added that it is imperative that the Assessor keep in close touch with market value <br />at all times. <br />No further business appearing, Trustee Courtney's motion for adjournment was seconded <br />by Trustee MacMillan and carried. <br />. <br />Adjournment at 5 :45. <br />8h-d. 6 <br />Village Clerk