4.1. DRAFT MINUTES (2 SETS) 04-17-2017

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City of Elk Meeting of the Elk River Board of Appeal and Equalization River Held at Elk River City Hall Monday, April 10, 2017 Members Present: Mayor Dietz, Councilmembers Olsen, and Ovall Members Absent: Councilmember Westgaard and Wagner Staff Present: Deputy City Clerk Jessica Miller and Recording Secretary Jennifer Johnson Also Present: Assistant County Administrator/Commercial Assessor Dan Weber, County Assessor Greg Olson, Residential Appraiser Krista Thoe, Residential Appraiser Beth Boysen,Agricultural Specialist Kristi Botzek, and Appraiser Shelly Maloney I. Call Meeting to Order Pursuant to due call and notice thereof, the meeting of the Elk River Board of Appeal and Equalization was called to order at 6:00 p.m. by Mayor Dietz. 2. Board of Appeal and Equalization Greg Olson, Sherburne County Assessor,indicated the purpose of the Board of Appeal and Equalization is to consider and review 2017 estimated market values and property classifications for taxes payable in 2018. Information was presented on the assessment procedures and statistics for the City of Elk River 2017 assessments.__ The Board of Appeal and Equalization heard appeals as outlined below: 1. Marilyn Larsen, Parcel Identification Number 75-710-0034 Ms. Larsen was appealing the 2018 proposed value of her townhome of$145,000. She purchased the unit for$118,000 in 2015 as a foreclosure and replaced the carpet, painted two rooms, and installed two appliances. She currently rents the property. Mr. Olson explained that the average sales in her plat were around $135,000 but based upon the condition of the home when purchased and the fact that the repairs were made before January 2,he would consider lowering the value of the house by 5%,lowering the home from $109,700 to $104,200. Moved by Councilmember Olsen and seconded by Councilmember Ovall to adjust the value of the parcel 75-710-0034 from $109,700 to $104,200 (building) as recommended by the county assessor.