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BOARD OF REVIEW MINUTES April 22, 2013 APPROVED 2 valuation concern about the property. There is a large difference between what he paid for this 46 property and the value attached by the county. It was sold as a distressed pr operty and also has some 47 building issues. Council Member Roeser clarified that nonconventional sales such as foreclosure or 48 ban k sales are considered differently when values are determined. Mr. Hitchcock noted that based on 49 what the council decides he may want to keep open the opportunity to go through the county appeal 50 process. 51 52 Mayor Reinert suggested that the council doesn’t have enough information on this appeal to make a 53 decision. The council decided to continue the meeting so that staff and the council can get more 54 information on this property. 55 56 The meeting was recessed at 6:35 p.m. to allow the council to convene the reg ular council meeting. 57 Upon adjournment of the regular meeting, the board meeting was reconvened. 58 59 Paul Johnson , Pine Acres Development Company – Mr. Johnson explained and he and some 60 partners bought property in Lino Lakes many years ago; he believes it wa s platted around 1974. At 61 one point he was advised by former City Administrator Randy Schumacher to do an overplat, which 62 he did and had recorded. This property is being charged by the plat even though it can’t be developed 63 anytime soon because it is far away from water and sewer infrastructure. At this point the taxes are 64 m ore than $17,000 per year. He believes that , because the property is really undevelopable for a long 65 time, it isn’t worth anything near the current valuation. 66 67 The mayor asked if pl ats from that long ago are still relevant and Community Development Director 68 Grochala said the platting would be defunct at this point. He concurs that it would be on the tail end 69 of any development in that region since sewer and water are far away. 70 71 Ap praiser Nordrum added that there are some special assess ments on the property (from Pine Street 72 improvements). She has looked at the property – it is counted as four lots but the owners have the 73 right to configure it as they wish. But the county has to a ssign a value based on the information they 74 have. She suspects there could be a reduction based on the request and if he decides to reduce the 75 number of lots. 76 77 The council concurred that they would reconsider this property at the continuation hearing. They 78 directed city staff (Mr. Grochala) to look at the property and assist Mr. Johnson in a vacation or 79 whatever is necessary to reflect the correct value of the property. 80 81 ADJOURN 82 83 The meeting was adjourned to a continuation hearing on May 6, 2012, 5:30 p.m. 84 85 These minutes were considered and approved at the regular Council Meeting on May 13, 2013 . 86 87 88 Julianne Bartell, City Clerk Jeff Reinert , Mayor 89 \ 90