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CITY OF ST. ANTHONY <br /> BOARD OF REVIEW <br /> • May 25 , 1982 <br /> The Board of Review was called to order by Mayor Sundland at 7 :00 P .M. <br /> Present for roll call: Marks , Sundland and Enrooth. <br /> Absent: Ranallo and Letourneau. <br /> Also present: Dave Childs , City Plana.ger and -Richard Becken, Hennepin <br /> County Assessors Office . <br /> The Mayor outlined the procedure to- be followed and recommended that <br /> as in-.the past, where differences are less than $500 , a reevaluation <br /> will not be requested. . <br /> Harold E. Olson, 3015 Rankin Road , who owns the rental property at <br /> 2926 Old Highway 8 , told the Council his conference with the county <br /> assessors had resulted in his .property appraisal being reduced from <br /> $101 ,000 to $92 , 000 . He believes . the figure should be no more than <br /> $85 , 000 and he doubts that he could even get that much for the <br /> building. He reported he has a negative cash flow for the building <br /> each month and only makes $912 a year on his investment. The only <br /> reason he keeps the property, Mr. Olson .said, is because he lives <br /> only a half block away and can provide close supervision. The <br /> • building is built on a concrete slab -which is cracked and Mr. Olson <br /> has to maintain the alley behind .the structuke, <br /> Mr. Olson distributed literature to substantiate his claims , including <br /> a PILS. listing of a building appraised for only $80 ,000 which he <br /> saw as similar to his own except that it had a brick stucco exterior <br /> with a full .basement and rents for $100 more than the $740 he gets <br /> for his building. When Mr.- Becken said later that- the City on the <br /> average had .rebeived a 10 raise , Mr. Olson questioned why his <br /> property valuation had been raised 20% . <br /> Councilman Letourneau arrived at 7 :09 P.M. <br /> When they learned there had been no onsite inspection made of Mr. Olson 's <br /> property , the Council made the following decision: <br /> Motion by Councilman Marks and ..seconded .by Councilman Enrooth to <br /> request Hennepin County to make an onsite appraisal' of the property <br /> at 2926 Old Highway 8 , . as requested by Harold Olson, 3015 Rankin Road, <br /> with the results reported back when the. Board of Review is reconvened <br /> in June. <br /> Motion carried unanimously. <br /> Emma Turnwall, 2901 - 30th Avenue N.E. , said the assessors had re- <br /> evaluated her- home from $65 , 700 to $64 ,900 after she had met with <br /> • them at City Hall, and she was- interested in how such evaluations <br /> are made . 'She reported her home is 30 years old and has an unfinished <br />