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C='2'Y OF ST o AYNYTHONY • BOARD OF FtEN7= EW AP-R2L 14 0 1. 987 The Board of Review was called to order by Mayor Sundland at 6: 30 P.M. Present: Councilmembers Marks, Ranallo, Enrooth, and Makowske. Also present: David Childs, City Manager Robert Hanscom and Tom Holmes, Hennepin County Assessors Three property owners were present to discuss the assessed valuations the assessors had designated for their . St. Anthony properties. The Mayor explained the procedure which would 'be followed that evening as well as the appeal process which they could pursue through the county and state tax agencies if they were not. satisfied with the Council' s judgments that evening. Mayor Sundland also advised them that the Council had established a policy of only considering changes of more than $1,000 ( should have been $1, 500 according to last year' s minutes) in what might be perceived by a property owner to be an incorrect valuation of the property being considered. • Peter Mazurko Questions Increase in Valuations for Split Level Homes Mr. Mazurko told the Council that: -at his request, his property at 3216 Belden Drive had been given an on-site inspection April 9th, after which he had been advised by a letter from Mr. Hanscom that the formula originally used to determine his assessed vaivation had been correct and that valuation would remain; -even_ after discussing the matter further with Mr. Hanscom that even- ing, he still questioned why his valuation should have risen 5. 6% while the valuation of a more expensive rambler next door which had been constructed along side his home after the tornado at the same time in 1983 , and inspected by the same inspector in 1984, had only experienced a 1 . 06% increase; -the rambler has 3 , 456 square feet of finished space where his split level has only 1 , 846 square feet; -his valuation had increased $5 , 600 from $98 , 300 to $103 ,000 this year where the rambler, which had cost much more to build than his house, had had its valuation raised from $113 , 100 to only $114 , 300 in 1987 ; • -he couldn' t understand why both structures weren' t appreciating at the same rate although Mr. Hanscom had told him it was his "style of house"which had caused his home to increase faster in value;