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 />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 />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 />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 />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 />the Assessor's estimated
<br />one of six identical houses
<br />and questioned the higher