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1 <br />1 <br />COUNCIL BOARD OF REVIEW APRIL 10, 1990 <br />$125,000 more than the previous year. Mr. Neinaber explained <br />that this was the 1989 valuation and the 1990 is even higher. <br />Mr. Neinaber made arrangements to meet with Mr. and Mrs. Tagg <br />on Thursday at 10:00 A.M. <br />A Realtor, representing Mr. and Mrs. Tagg noted that the <br />property taxes on this land increased more than 700% in one <br />year. She explained that she would be reluctant to buy <br />property in Lino Lakes if property taxes continue to increase <br />in such a manner. Mr. Varner explained that some of the <br />property values remain constant for many years and then when <br />development occurs, the values may increase sharply. He also <br />explained that if an error is found it is possible that the <br />Treasurer's Office will reduce the amount due. <br />Mrs. Tagg asked how they are expected to handle such a <br />drastic increase in taxes? She felt they should have been <br />contacted last year so that they would have some time to <br />prepare. Mrs. Tagg also suggested that sharp increases be <br />staged over a few years and not hit all at one time. She <br />noted that they have not received a valuation notice from the <br />County for this year or last year. Mr. Neinaber will check <br />to see where the valuation notices are being sent. <br />Glenn Rehbein, Glenn Rehbein Excavating, 7309 Lake Drive, PIN <br />17- 31-- 22- 21- -0014. Mr. Rehbein questioned the value placed on <br />this property and noted that it calculated at about <br />$25,342.00 per acre. He asked if any land in the area has <br />sold for this. He noted that the property did not front on <br />Lake Drive and he had it listed last year at $22,000.00 per <br />acre and it did not sell. He felt the value should be near <br />$18,000.00 per acre. Mr. Varner said he did not have a <br />problem with Mr. Rehbein's figure and if the Council did not <br />object he would use the valuation of $18,000.00 per acre. <br />After further discussing the property it was decided that the <br />Assessor and Mr. Rehbein may not be discussing the same <br />parcel. Mr. Varner and Mr. Rehbein will get together and <br />straighten out the matter. <br />Council Member Reinert moved to adjourn at 8:17 P.M. Council <br />Member Bohjanen seconded the motion. Aye. <br />These minutes were considered, corrected and approved at a <br />regular Council meeting held on April 23, 1990. <br />Marily . Anderson, <br />Clerk- Treasurer <br />Harold L. Bisel, <br />Mayor <br />