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City of <br />Elk <br />River <br />Members Present: <br />Members Absent: <br />Staff Present: <br />Meeting of the City Council <br />as the Board of Appeal and Equalization <br />Held at the Elk River City Hall <br />Wednesday, April 16, 2025 <br />Mayor Dietz, Councilmembers Cory Grupa, J. Brian Calva, and Mike Beyer <br />Councilmember Jennifer Wagner <br />City Clerk Tina Allard and Deputy City Clerk Jolene Richter <br />Also Present: County Assessor Michelle Moen and Residential Appraiser Bill Holker <br />I. CALL MEETING TO ORDER <br />Pursuant to due call and notice thereof, the meeting was called to order at 6:00 p.m. <br />2. PLEDGE OF ALLEGIANCE <br />The Pledge of Allegiance was recited. <br />3. SHERBURNE COUNTY ASSESSOR'S REPORT <br />Ms. Moen reviewed her report and discussed the assessment procedures. She stated the initial median <br />ratio was 93.3% for residential and seasonals, and it's now at 93.6%. She noted they are required to be <br />between 90% and 105%, and she likes to have the ratio at about 95%, but felt 93.6% is still a good <br />number as the market is currently very stable. She stated mini -storage facilities increased approximately <br />20% this year, and it's a market that is still going strong. Ms. Moen stated Elk River has minimal <br />agricultural land; noting the east side of the county is not as much of a premium as it is in Haven, <br />Santiago, Palmer, and Clear Lake Townships. She stated the overall increase in agricultural land was <br />about 30%; whereas in Elk River it was approximately 10-20%. <br />3.1 City Staff Report <br />4. HEAR APPEALS SUBMITTED BY ATTENDEES <br />Marlene Sanudo <br />75-00410-0620 <br />1504 5th Street <br />Ms. Sanudo expressed concerns about the 2025 value of her rental property and submitted an estate <br />appraisal, dated August 29, 2024. She stated the county value is $21 1,800, and the appraisal came in at <br />$188,000, which is a difference of $23,000. <br />Ms. Moen stated they can legally only look at the 2026 values and noted her value for 2026 dropped to <br />$210,600. Ms. Moen stated they have not had a chance to review the appraisal, also noting that an <br />estate appraisal is not considered a market appraisal, which they are required to utilize. She further <br />Page 3 of 184 <br />