05-09-2016 Local Board of Appeal and Equalization Minutes

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BOARD OF REVIEW MINUTES May 9, 2016 APPROVED 1 CITY OF LINO LAKES 2 MINUTES 3 BOARD OF APPEAL 4 5 DATE :May 9, 2016 6 TIME STARTED 6:00 p.m. 7 TIME ENDED 6:20 p.m. 8 MEMBERS PRESENT :Council Member Maher, Manthey, Rafferty, 9 Kusterman and Mayor Reinert l0 MEMBERS ABSENT :none 11 12 Staff members present: Community Development Director Michael Grochala; Public Safety Director 13 John Swenson; City Clerk Julie Bartell 14 is Anoka County Assessor Staff present: Molly Johnson, Commercial Appraiser; Scott Schutz, 16 Residential Appraiser. 17 18 Mayor Reinert called the meeting to order. 19 20 The council had reviewed the official board report at a recent work session. 21 22 Anoka County Appraiser Schutz explained that County staff has taken a few phone calls from 23 property owners with questions. He believes they were able to answer all questions satisfactorily. 24 Overall, the residential assessments rose about four percent. He explained the average sales price, up 25 about six percent, and the number of sales on which they were able to base their valuations. Bank 26 owned properties are lower and new construction is rising. 27 28 Molly Johnson, noted that there have been some larger increases on the commercial side. She has 29 received three or four calls. Some commercial property owners were present and she indicated that 3o she had not spoken with them. 31 32 The Mayor noted that, based on the report of the Anoka County Assessor, there are not remaining 33 questions or concerns about residential properties. 34 35 Jackie McNamara and Richard McNamara, stated that they are business partners with the Fogerty 36 family in ownership of Lino Lakes Business Center at 524 Apollo Drive. When they received their 37 valuation for 2017 and compared it with the previous two years, the increase was drastic. They 38 haven't been able to receive comparables to justify the increase but she did put together some 39 information on her own (which was distributed to council and staff). They are asking for 4o consideration of that data. They fear that the tax increase resulting from a drastic increase in valuation 41 would have to be passed on to the tenants and ultimately may cause vacancies. The facilities are at 42 the low end of the leasing scale and that keeps them rented. She added that they attempted to sell 43 the buildings last year and received very low offers. They are prepared to speak with County staff 44 about the situation. 45 1