MINUTES OF THE MJ~ETING OF TEE EDINA BOARD OF REVIE\? -
<br />HELD TUESDAY, JUNE 8, 1976
<br />AT 4:OO P.M. AT EDINA CITY HALL
<br />Answering rollcall were members Courtney, Richards, Schmidt and Van Valkenburg
<br />who served as Board of Review at its meeting which convened pursuant to "Notice
<br />of Board of Review Meetini' published in the Edina Sun on May 19, 1976, and
<br />posted on City Eullet Boards. Councilman Shaw arrived later in the meeting.
<br />City Assessor Swanson advised that preliminary figures indicate an estimated
<br />. Assessor of each municipality is required by State law to inspect and reappraise
<br />every property at least once every four years and that at least 1/4 of the pro-
<br />perties are, therefore, reappraised every yegr. Mr. Swanson recalled that,
<br />previous to 1975, value increases for tax calculation on residential properties
<br />. have been limit-ed to 5X, regardless of the market value, but that this limita-
<br />tion was changed in 1975 to 10% by the Minnesota State Legislature and now
<br />applies to all properties. Mayor Van Valkenburg explained that the purpose of
<br />this meeting is to g$ve persons who consider themselves aggrieved by their
<br />assessment or who wish to complain that the property of another is assessed too
<br />low, an opportunity Lo appear at the meeting and show cause for having their
<br />assessment corrected.
<br />at this meeting is "market value" and advised that if property owners are not
<br />satisfied with the decision of the Board, they may appeal to Hennepin County and
<br />then to the State of Minnesota.
<br />I ' market value for the City of Edina of $1,045,027,655. He recalled that the
<br />The Mayor emphasized that the only question to be discussed
<br />The Mayor clarified that the amount of the tax
<br />on a particular piece of property will not be known until spending levels for
<br />1977 are determined by all units of government which levy property taxes,
<br />I&. Robert H. Larson, 4013 Sunnyside Road, objected to his 1976 market value of
<br />$31,900 which had been increased from $29,980 in 1975.
<br />premises had been last inspected in July, 1972, and that he knew of no other
<br />sales of comparable properties in the area.
<br />offer to make a new inspection of the property.
<br />Mr. Larson said that the
<br />Mr. Larson declin.ed Mr. Swanson's .
<br />Mrs. Henry L. Perry, 4724 W. 70th Street, was told b; Mr;. Swanson thav her pro-
<br />perty value has not-been reduced because- a smaller house was constructed adjacent
<br />to this property. -
<br />Mr. Robert Hastings, 6400 York Ave. S., Apt. 615, objected to his 1976 market
<br />value, advising that he had only recently purchased his condominium for $44,000
<br />and the unit is now a market value of $46,600.
<br />to bring his purchase agreement to the office for review,
<br />Mr. Swanson asked Mr. Hastings
<br />Mrs, Jack Dunn, 6444/46 Xerxes Ave., recalled that she had purchased this double
<br />bmgalow from the City of Edina in May, 1975, for $61,000 and objected to her
<br />1976 market value of $65,700, Mrs. Dunn left a copy of an independent appraisal
<br />for $60,000 for Council's review.
<br />Mr. Michael 0. Ovikian, 5119 Valley View Road, objected to his 1976 market value
<br />of $50,290 which had been increased from $47,090 in 1975. He recalled that this
<br />house was the former parsonage of Normandale Church and that it is in need of
<br />'renovating. Mr. Ovikian also commented that neighboring properties are assessed
<br />at considerably lower rates.
<br />his market. value and declined further review.
<br />Mr. Ovikian accepted the Assessor's explanation far
<br />&. Joyce J. Gutoske, 4825 W. 60th Street, objected to her 1976 assessed value
<br />of $49,900, advising that she purchased her home three'years ago for $38,300.
<br />Ms. Gutoske expressed particular concern over the fact that her taxes are higher
<br />than she can afford.
<br />recently sold in the neighborhood.
<br />(Councilman Shaw entered the meeting at this time.)
<br />Mr. Arnold I. Feinberg, 5309 Kingsberry Drive, objected to his 1976 market value
<br />of $140,700 which had been increased from the 1975 value of $130,740.
<br />that he had objected to his 1975 value also, but that no change had been made at
<br />that time.
<br />taxes are $800 higher because his house is in the Hopkins School District.
<br />She was not aware of any other properties which had been
<br />The Assessors will inspect the premises.
<br />€?e recalled
<br />Mr. Feinberg said that his house was only worth $122,000 and that his
<br />Note was made of the objection by letter of Mr. C. M. Erickson, to his 1976
<br />market value of $68,600 which had-been raised from $64,200 in 1975.
<br />perty will be considered with other written objections at a later meeting.
<br />This pro-