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MINUTES OF THE MEETING OP.THE EDINA BOARD OF REVIEW <br />HELD THURSDAY, MAY 27, 1982 <br />AT 5:OO P.M., EDINA CITY HALL <br />Amwering rollcall were Mcmbers Richards, Schmidt, Turner- and Mayor Courtney.. -. .- <br />The meeting was convened pursuant to published "Notice of Board of Review" in <br />the Edina Sun and notices posted on City bulletin boards. <br />advised that the Council' acts as the Board of Review and would hear those persons <br />who considered themselves aggrieved by their property valuation for assessment <br />purposes. <br />could be made to the Hennepin County Board of Review. <br />Assessor Ralph Johnson to explain the process of how valuations are determined. <br />Mr. Johnson stated that the property valuations are as of January 2, 1982, and <br />reflect the real estate market as evidenced by sales during the period of <br />September 1980 to August 1981. <br />period was 84% and State statute requires valuations to be at estimated market <br />value. Mr. Johnson indicated that the majority of properties were increased in <br />valuation by at least 10% to bring them up to a level of assessment'used through- <br />out Hennepin County; important in that approximately one-third of the Edina tax <br />dollar goes to Hennepin County; and that the function of the Assessor in deter- <br />mining valuation is an equitable distribution of the tax burden. <br />Mayor Courtney asked that anyone appearing before the Board confine their remarks <br />to valuation of their property and further, that no decision would be made at this <br />meeting but that property owners would be notified of the Board's decision prior <br />to the meeting of the County Board of Review on July 6, 1982. <br />City Manager Rosland <br />' <br />He stated that after the decision by the Board of Review, further appeal I Mr. Rosland called on City <br />The ratio of valuations to market value for that <br />Mr. Tom W. Parish, 7220 York Avenue, #lOl, questioned the assessed value for the <br />storage area of his condominium unit and requested a review of the property. <br />Mr. Hans J. Skalle, 5021 Ridge Road, made no presentation. <br />Mrs. Arnelle Jackson, 6325 Peacedale Avenue, objected to the Assessor's estimated <br />market value of $90,400, stating that the value is higher than for two similar <br />homes who have more useable area. She asked that the value remain-at last year's <br />level of $82,300. <br />Mr. Lance Gillette, 5837 Nooddale Avenue, objected to the Assessor's estimated <br />market value of $73,200, saying he believes the value should be $66,000 because <br />the home has only about 1,000 sq. feet of living space and he must share a drive-. <br />way with his neighbor because of the small lot. <br />-. <br />Mr. R. James Hibbard, 5101 Meadow Ridge, objected to the Assessor's estimated <br />market value of $136,200, and'felt it should remain at last year's value of <br />$123,900 because a larger and newer home on his block had .recently sold for <br />approximately $102,000. <br />Richard R. Smith, 5113 Meadow Ridge, objected to the Assessor's estimated market <br />value of $135,500, advising that the house next door had recently sold for just. <br />over $100,000 and asked that properties in his area be compared. <br />Burch N. Bell, 6620 Normandale Road, objected to the Assessor's estimated market <br />value of $179,700, citing from his letter to the Assessor's office that his - <br />property has suffered great damage as a result of the Highway 100 construction, <br />Mr. George M. Lockrem, 4601 Bruce Avenue, objected to the Assessor's estimated <br />market value of $119,500 representing a 20% increase. He stated that $100,000 <br />would be a fair value and requested inspection of his property. <br />Mr. D. E. Dunbar, objected to the Assessor's estimated market value of $66,200 <br />€or property located at 5736 Xerxes Avenue, stating he believes the value should <br />be $60,000 and-presented a copy of a purchase agreement for the property in that <br />amount. in support of the lower value. <br />Mr. D. E. Dunbar, 6225 Ashcroft Lane, objected to Assessor's estimated market <br />value of $93,100 stating he felt it should remain at last year's value of $85,000. <br />1 <br />* <br />Mr. Joseph L. Bard, attorney representing all unit owners of The Yorker Condo- <br />minimum, 6400 York Avenue So., objected to the Assessor's estimated market values <br />placed on the units, and asked that reduced values be <br />Mrs. Bernice Young, 5909 York Avenue So., objected to <br />market value of $70,200. She stated that her home is <br />in the area with the same size square footage and lot <br />I <br />considered. <br />the Assessor's estimated <br />one of six identical houses <br />and questioned the higher