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1 CITY OF ST. ANTHONY 2 BOARD OF REVIEW MEETING MINUTES APRIL 11, 1995 4 I. CALL TO ORDERIROLL CALL. 5 The meeting was called to order at 6:30 P.M. by Mayor Ranallo. 6 '11. ROLL CALL. 7 Councilmembers Present: Ranallo, Marks, Enrooth, Wagner, and Fleming. 8 Also Present: Michael Momson, City Manager; Larry Miller, Hennepin County Principal 9 Appraiser; and Carrie Luther, Hennepin County Appraiser. 10 Mayor Ranallo explained this year there was a physical assessment done of one half of the homes 11 in St. Anthony located north of 33rd Avenue and east of Silver Lake Road to the county line. He 12 indicated the meeting tonight was to discuss the market value of the property and not to discuss 13 taxes. This meeting was an opportunity for residents who felt they had not received a proper 14 appraisal of the property, to voice their opinion, and a second appraisal could then be ordered. 15 Hennepin County Appraiser Miller explained there is a ratio between what the estimated market 16 value of a home is and what the home will actually sell for. A home that sells for the estimated 17 market value is at 100%. The ratio Hennepin County strives for is between 93% and 94%. The 18 median ratio achieved in St. Anthony is 93.5%, which is comparable to other suburbs in Hennepin County. Miller explained that for the homes the assessors were unable to gain entrance to, the appraisal is based on physical data on file, such as age, size, condition, etc. The 21 estimated market value is then adjusted by computer based on other sales. 22 Mayor Ranallo then invited any resident who wished to speak to approach the podium. 23 III. . PUBLIC COMMENTS. 24 Arthur Johnson, 3100 Townview Avenue N.E., (PIN#06-029-23420068 ), indicated his 25 estimated market value had risen$12,000.00 in the past two years. 26 Miller explained the appeal process. He stated the initial assessment was performed. The 27 homeowner could then contact the Hennepin County Assessors Office and voice his concern or 28 complaint. If it was necessary, someone would again go and look at the property. If the 29 homeowner was not pleased with the results, he could come before the Board of Review. At that 30 time, another assessment could be ordered. If the homeowner was again not pleased with the 31 results, he could then appear before the County Board of Equalization and then, if necessary, go 32 to the Minnesota Tax Court. 33 Mr. Johnson stated he did not want another appraisal of his home. 34 There was no action taken on this appeal by the Board of Review. 0 Ms. Charlotte Olson, 3418 Skycroft Drive, (PIN#06-029-23 1401 1 1 ), stated in 1991, the 36 estimated market value of her home was$130,000.00. She came before the Board of Review and