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R-76-17 RESOLUTION CITY OF LAKE ELMO WASHINGTON COUNTY, MINNESOTA A RESOLUTION PERTAINING TO THE ASSESSMENT OF FLOOD DAMAGED LANDS WHEREAS, the City Council of the City of Lake Elmo has reviewed the report of its Board of Review relating to the assessment of lands for tax purposes in the City of Lake Elmo and finds a number of requests for re- duction in assessed valuation have been made on the grounds that the property has been damaged by flooding in recent years and has, as a result, been reduced in market value; and WHEREAS, the City Council is aware of other areas in Washington County in which property has been damaged by high water; and FMREAS, the City Council understands that it is the obligation of the County to maintain equal valuations and tax assessment procedures with the County: NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fake Elmo hereby ;requests that the Washington County Hoard of Commissioners establish a standard for adjusting values and assessing Lakeshore lots which will take into account the effect of flood damage on such property, whether or not improved, and instruct the County Assessor to make such ad- justments as may be appropriate on a County -wide basis but in no case shall a reduction in value be greater than fifteen (15) per cent of the actual market value of the property after taking into account such damage. Adopted by the City Council this let day of June, 1976. MAYNARD L. EDER Maynard L. Eder,Mayor Attest: DONALD MEHSIKOMER Donald Mehsikomer, Clerk STATE OF MINNESOTA ) COUNTY OF WASHINGTON ) ss. CITY OF LAKE ELMO ) I hereby certify that I have compared the foregoing copy of Resolution R-76-17 with the original thereof contained in the records of my office and I find said copy to be true, correct and complete. Dated: , 1976. Donald Mehsikomer, Clerk