04/21/1997 Council Minutes - Laserfiche WebLink

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• • • CITY COUNCIL APRIL 21, 1997 CITY OF LINO LAKES MINUTES DATE April 21, 1997 TIME STARTED 6:30 P.M. TIME ENDED 7:32 P.M. MEMBERS PRESENT Kuether, Lyden, Neal, Landers MEMBERS ABSENT Bergeson Staff members present: Todd Smith, Anoka County Assessor, and Marilyn Anderson, Clerk -Treasurer. Mr. Smith explained that the purpose of the meeting was to convene the annual Board of Review. He noted that this meeting will deal with the valuation he has placed on each parcel of land in Lino Lakes for the taxes payable in 1998. Mr. Smith noted that Mr. Lyle Carpenter, who owns commercial property at 8009 Lake Drive spoke to him prior to this meeting. Mr. Carpenter was concerned about the value placed on this property. Mr. Smith will review the value as soon as the commercial assessor is available to work with him. Council Member Kuether said that she had a lot of residents calling her regarding the increase in their property value. Mr. Smith explained that Anoka County has been increasing property values in the entire County by 3% annually. This increase reflects the increase in the cost of building materials. Council Member Kuether noted that new construction is not the value that it once was. She said that used housing is now the better value. Council Member Lyden explained that his concern is creating a balance between residential and commercial growth. He asked is there any sign of getting to this balance. Mr. Smith said yes, in 1996 there was a reduction in residential and an increase in commercial. Council Member Kuether asked how does Lino Lakes compare with other cities in Anoka County. Mr. Smith explained that Lino Lakes is somewhere in the middle. Council Member Lyden said that he is still concerned about the Town Center program. He said he feels that it would not survive unless there is a big anchor store. Mr. Smith agreed with Council Member Lyden. PAC&1