04/19/1989 Council Minutes - Laserfiche WebLink

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0 7 2 COUNCIL BOARD OF REVIEW APRIL 19, 1989 call Mr. Knabe and make an appointment to view the property. Alvin DeMotts, 6265 Holly Drive, PIN 33- 31 -22 -24 -0003 - Mr. DeMotts explained that his valuation has raised $6,600 from $62,900 last year. He explained that he owns three acres of land and almost all of At is marsh. Mr. Nienaber explained that he reviewed the property about a week ago. He has valued one acre at the lowest rate for residential housing and the balance of the property is valued at $100 per acre which is also the lowest value he can place on the property. Mr. DeMotts explained that he had his property appraised by a bank and they were somewhat lower. Mr. Nienaber explained that banks are somewhat subjective in their valuation. Mr. DeMotts said he could not see why his valuation should go up as much as it did. Mr. Nienaber explained that he felt his valuation reflected the true market value. Geraldine Letourneau for Gloria McLean, 2040 Otter Lake Road, PIN 36- 31 -22 -23 -0019 and 35- 31 -22 -13 -0002 - Mrs. Letourneau explained that Mrs. McLean owns Outlot A and B of Otter Lake Estates. She noted that last year the value of Outlot A was reduced and asked that Outlot B be handled in the same manner. Mr. Nienaber explained that there is a difference in the size of the two parcels, however he did use the same process in determining the market value of each lot. He further explained the reason why Outlot A was reduced for 1989 however it will go up for 1990. Mrs. Letourneau explained that the lots were not buildable because they did not have street frontage. She felt the values should not be the same as a buildable lot. It was explained that there is access and a street could be built to service each parcel. Parcel PIN 35- 31 -22 -13 -002 - Mrs. Letourneau explained that the value of this parcel went from $1,000 to $77,900. She felt that since the Council has refused to allow subdivision less than ten (10) acres this value is very high. She noted that until Lino Lakes does something in the way of allowing subdivisions less than ten acres, this value should be greatly reduced. Mr. Nienaber explained that a similar parcel but less desirable recently sold for $110,000 two or three years ago. He also noted that it is on a lake and he did not use lakeshore values on the property. Mrs. Letourneau said it is a crime to change the value from $1,000 to $77,000. Mr. Nienaber explained that he felt it was still to low. Mr. Halden Deppert asked why he has not been called since he was one of the first persons to arrive for this meeting. Acting Mayor Reinert explained that we do not have a numbering system, the Clerk is calling the names from the cards in the same order as they were given to her. 1 1 1