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HomeMy WebLinkAbout19620713_edina_board_of_review7/13 /62 MIlJUTES OF THE TvIEETING OF THE EDINA BOARD OF REVIEM, HELD FRIDAY, JULY 13, 1962, AT 5 : 00 P .PI, , AT THE EDINA VILLAGE HALL 863 Meeting of Board of Review convened at 5:OO P.M., Friday, July 13, 1962, at the Villagc Hall, pursuant to "Hotice of Board of Review Meetingt1 published in Edina-Morningside Courier June 28 and July 5, 1962, and posted in accordance with law on June 27, 1962, Members present were MacMillan Tupa, VanValkenburg and Bredesen. Mrs , Gretchen Alden acted as Clerk for the Board, Wayne A, Johnson, County Supervisor of Assessments, attended. Village Nanager Hyde, Village Assessor Kearns, and Mr. Upon introduction by Mr, Kearns, Mr, Johnson asked the Board if it intends to comply with the State Tax Commissionerts policy of "upgrading and equalizing valuations to 33-1/3 of their fair market value". Manager Hyda answered that he had written the Commissioner in Nay, that his policy would be followed; but that he had also asked for some assurance that Edina property is not paying more than its fair share to the State and County--and that he had had no answer from the Commissioner on this, He told Mr, Johnson that because of the high median value of Edina's homes ($26,000 in Edina, with Golden Valley next high in Hennepin County at $21,000) the Homestead Exemption has less effect here than in other municipalities; and that unless othor communities also bring their valuations to the 33-1/3% of market value, Edina will be paying an unfair portion of State and County taxes, and will cooperate with the Commissioner's directive, it does not intend to "lead tha parade", he recommended that the Village Council officially have facts and figures to prove that other municipalities are also adjusting their valuations in accordance with the Commissioner's directive. Saying that while Edina should Mr, Johnson replied that as of this moment he has Edina Assessor Kearnsl word, and the word of every other assesser in the County that they are all working to adjust their valuations, but that he cannot give this municipality any information until the books of valuation are presented to his office; that, however, if it becomes apparent tat any municipality is not adjusting its valuations, Mr, Johnson, himself, will make'recommendations to the State Tax Commission, St,Louis Park, with all its industry, has a lower Total Assessed Valuation than Edina, Mr, Johnson stated he can give no firm answer but feels they are falling behind on valuation of land; that there should be a decided improvement this year, Asked by Mr. Bredesen why Assessor Kearns presented his Books of Valuations, saying that because of the re- valuations taking place this year the books are far from camplete. Board examine those valuations which he has now done, and make its recommendations, and that the Meeting be continued to the last possible legal date, in order that he have time to complete his work, He asked that the Mr, and Mrs P, d. Heinrich, 4510 Edina 31vd,, were present to complain that their property has been assessed too high; that they ha3e receiveived two real-estata appraisals for $42,000, whereas the assessor has assed the land and home at. $14,625, which would mean a market value of $43,875 ,OO, and heard both the Heinrichs and Assessor Kearns on this complaint. Board reviewed picture and measurements, Nr. Kearns presented letter from Mr, L, A. Potter, 4610 Browndale, complaining that his assessment is too hAgh, Assessment on this property has been placed at $19,825.00, with a market value of $59,475.00, Kearns explained that this property backs up to Minnehaha Creek, comprises almost three lots, and is one of the finest locations in the Country Club. Wr. Potter was not present at the meeting, but Mr, Mr, Kearns suggested that inasmuch as the Meeting must be continued, the Board take both complaints under advisement and make its recommendations at the continued sessionr He also advised the Board that letters of notification.of adjusted valuation will go out to the owners of unimproved land this week, notifying said owners of the date of the continued seasion of the Board of Review, in order: that any complaints might be received by the Board before Books of Valuation are completed. After some discussion, MacMillan moved that both complaints received tit this meeting be taken under consideration for Board's recommendation at continued session, and that this Meeting be adjourned to Thursday, August 2, 1962, at 2:OO P.H. Tupa and carried, Motion seconded by