HomeMy WebLinkAbout19780615_edina_board_of_review6/8/78
Mr. Kenneth A. Anderson, 4437 Ellsworth DK., objected to his market value
of $74,900 which had increased from $64,400 in 1977.
the Assessor to inspect his property.
The Mayor declared the meeting adjourned until 4:OO p.m. on June 15, 1978.
Adjournment at 6 : 10 p .m.
I Mr. Anderson invited
3 22. I&
City Clerk
MINUTES OF THE CONTINUED MEETING OF THE
EDINA BOARD OF REVIEW
HELD THURSDAY, JUNE 15, 1978 AT 4:OO P.M.
Answering rollcall for the continued meeting of the Board of Review were members
Courtney, Richards, Schmidt, Shaw and Mayor Van Valkenburg.
Mr. Jack Watkins, 5605 Heather Lane, objected to the estimated market value on
his home of $79,300, stating that he values the house at betGeen $70,000 and
$75,000. He contended that the value'of his house had increased at a higher
rate in proportion to the normal rate of property increase.
inspect the property.
-Mr. Johnson advised that Mr. .Rob.ert Tweedy, attorney for Edina Place met with
Robert Luneski of this office on June 15, 1978 and agreed with the recommendation
of Mr. Luneski for a reduction on Plat 73609, ParceL 3505 from $618,700 ($1.32
per square foot) to $470,000 ($1.00 per square foot) and will agree not to file
a petition on the 1978 valuations.
Council reviewed the recommendations which wcre'made by the Assessor regarding
properties reviewed as requested by the Council on June 8, 1978, and set values
as recommended in all cases, but requested inspection and further review of
properties at 4437 Ellsworth Dr, 5809 Concord Ave.,
The Assessor will
and 5909 Killarney Lane.
Mr. Johnson advised that he had received preliminary information from the State
of mnnesota indicating that the 1977 ratio studies indicate that Edina has an
aggregate market value ratio of 92.8%, with a mean ratio of 93.8% and a median
radio of 94.7%.
and a limited and mean ratio of 91.4%. He clarified that, within Henne?in County,
Edina is presently low on the list of market value ratios but close to the top on
limited lnarket ratios.
109.7% and for commercial buildings at 85.1% on the aggregate, 98.7 on the mean,
with only 4 samples per study.
For limited market value, Edina.has an aggregate ratio of 90.9%
Ratio for apartments was given on the aggregate at
In response to a question of tfr. Johnson, it was generally decided that appoint-
ments not be made for next year's Board of Review.
Councilman Richards' motion was seconded by Councilman Shaw that the Board of
Review Meeting be continued to Monday, June 19, 1978, at the conclusion of the
. Regular Council Meeting .
Ayes : Courtney, Richards, Schmidt , Shaw, Van Valkenburg
Notion carried.
4 Nays: None
The qeeting adjourned at 5:45 and was succeeded by a Special Council Meeting.
4Ld# City 7& Clerk