05/06/1980 Council Minutes - Laserfiche WebLink

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May 6, 1980 Board of Review Mrs. Edith Morse, 82917, 5850 & 4800, 83308, 500. This land is lo- cated along Lake Drive, West of Marshan Lake. Mr. Morse questioned the raise in valuation. Mrs. Roisum explained that the raise in land is basically due to the inflationary increase. Mr. Starkey explained that the percentage of increase could vary on any given parcel because the values are not based on a certain percentage. The lands are valued at the market value. Mr. Morse felt the increase in value should be uniform on all parcels since they are part of one unit. Mr. Starkey explained that all lands are different - in size and make up of the land. Mrs. Roisum asked if the market value on the lands was correct - and Mr. Morrse didn't answer. Mr. Tom Blaine had some questions on 85400, 1000.- he asked the value of the land and of the buildings - 12,500 on land; 55,200 on structures. The values on this property for the past two years was discussed. The differences was discussed - it was generally felt the differences re- sulted from the catching up of the limited market value to the Assessed value. The method of determining valuation of the structures were discussed. Mrs. Roisum explained how she arrived at her values. Mr. Don Nelson was heard. Mr. Nelson's (88080, 1350, 1300, & 1800), questioned the valuation of lake property. Mrs. Roisum explained how she valued the property. The values are based on the sales of 1978/79. This property is located on the West side of the lake and it was generally felt it would be quite a while before sewers were installed in that area. Mrs Nelson was concerned that if the values increase this much now, what would the values be when utilities were installed. Mr. Paul Reinhold appeared to see what can be done because of the Heavy Industry next door to his property. He said he had it appraised and was told his property would decrease his valuation by 25%. Mrs. Roisum explained that she has been working with the property on Lake Drive because of the commercial zoning. Mr. Reinhold said they are not complaining about the valuation and that he is here on the advice of his Attorney just to have this information on record. This property is located to the South of Glenn Rehbein's business. Mrs. Roisum said the lands in the Commercial zones will be valued as such, with the values on the residential structures being adjusted. Mr. Harold Lehmann, 82929, 5100, 5250, 4800,/83312, 1750, the later was the one he wanted to discuss. This is a three acre lot but is unbuildable due to lack of access. Mrs. Roisum said the value has been held on this due to this reason. The other parcels are located on Birch - he asked to discuss the values. He asked why the increase - Mrs. Roisum said just a general increase. Mr. McLean moved to adjourn. Seconced by Mr. Kulaszewicz. Aye. Thes minutes were considered, corrected and approved at a regular Council