HomeMy WebLinkAbout19910422_special72
HIMJTES
OF THE SPECIAL COlJHCIL MEETING
HELD AT EDlolph CITP HALT.,
APRIL 22, 1991 I A closed Council Meeting was held on April 22, 1991, at 4:30 p.m. for the purpose
of discussing potential litigation relating to market value reduction on real
property.
In attendance were Members Kelly, Paulus, Rice and Mayor Richards.
present were Manager Rosland, Attorney Erickson and Clerk Daehn.
Staff members
Attorney Erickson advised the Council of the existing pertinent laws relating to
the determination of market valuation of real property, and the statutory
requirements/limitations to which the city assessor, county assessor and local
board of review must adhere. He also reviewed the statutes which pertain
specifically to reducing assessments and explained the legal ramifications of
reducing by percentage all assessments in a given class of property.
No formal action was taken and no other business was discussed by the Council.
Meeting was adjourned at 5:58 p.m.
City Clerk