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MEETING OF THE ELK RIVER CITY COUNCIL <br /> ACTING AS THE BOARD OF REVIEW <br />HELD AT THE SHERBURNE COUNTY GOVERNMENT CENTER <br />WEDNESDAY, APRIL 30, 1997 <br /> <br />Members Present: <br /> <br />Mayor Duitsman, Councilmembers Dietz, Thompson, and Farber <br />(arrived at 7:15 p.m. <br /> <br />Members Absent: <br /> <br />Councilmember Holmgren - (Councilmember Holmgren was <br />absent because of a conflict of interest in that he is employed by <br />the Sherburne County Assessor's Office <br /> <br />Staff Present: <br /> <br />Sandra Thackeray, City Clerk; Ty Bischoff, Sherburne County <br />Assessor <br /> <br />Also Present: <br /> <br />County Assessors <br /> <br />1. Call Meetinq To Order <br /> <br />Pursuant to due call and notice thereof, the meeting of the Elk River Board of <br />Review was called to order at 6:00 p.m. by Mayor Duitsman. <br /> <br />Sherburne County Assessor Ty Bischoff explained that the purpose of the meeting <br />was to review the 1997 assessed property value. He further explained that in <br />order to be consistent with the state requirement of staying within 90 - 105% of the <br />market value, an overall increase of approximately 9% was applied to all <br />residential property in the City. <br /> <br />Ty explained that each grievance would be heard by the Board of Review on an <br />individual basis. <br /> <br />2. Meadowvale Townhome Association <br /> <br />Several members of the Meadowvale Townhouse Association appeared before <br />the Board of Review. Owners from the following property were present: <br /> <br />· 75-567-O080 <br />· 75-567-0010 <br />· 75-567-0100 <br />· 75-567-0120 <br />· 75-567-0110 <br /> <br />The members of the Association had concerns regarding the common ground <br />owned by the Association and how it was being taxed. Ty explained that the <br />common ground had a -0- value placed on it. Therefore, property owners were <br />not being assessed for the common ground. He further explained that all of the <br />townhomes were similar in size with different amenities. He explained that the <br />values differ from home to home due to the value placed on the actual lot which <br />the townhome is located and due to the number of amenities in the townhome. <br />Ty explained that the townhomes all received overall adjustment of a 9% increase <br /> <br /> <br />