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I BOARD OF REVIEW <br /> 2 APRIL 14 , 1992 <br /> PAGE 2 <br /> 5 <br /> 6 Busitzky noted that he has found refinancing appraisals <br /> 7 to be conservative. <br /> 8 <br /> 9 The Mayor advised that if someone from the County were to <br /> 10 view the home there was an possibility that the value may <br /> 11 increase . <br /> 12 <br /> 13 Busitzky stated that the process which would be followed <br /> 14 is for the City Council to direct Hennepin County staff <br /> 15 to view the home and make a recommendation back to the <br /> 16 Council . He noted that councils generally accept the <br /> 17 recommendation made by Hennepin County in this type of <br /> 18 matter. If the Council does not accept the appraiser' s <br /> 19 recommendation, then the property owner can appeal to the <br /> 20 County Board of Equalization, which meets in the last two <br /> 21 weeks of June, after which the owner can appeal to the <br /> 22 State Tax Court . <br /> 23 <br /> 24 Motion by Marks , second by Fleming to direct that the <br /> 25 home located at 3101 Armour Terrace be viewed by a <br /> 26 Hennepin County appraiser . <br /> 27 <br /> Motion carried unanimously <br /> 31 <br /> 32 b. Theodore Swierczek - 2608 36th Avenue Northeast <br /> 33 <br /> 34 Mr. Swierczek stated that his value has risen from <br /> 35 $84 , 000 in 1989 to $93, 400 in 1992 .. He has made no <br /> 36 improvements, but noted he did lose trees and- landscaping <br /> 37 in the tornado. <br /> 38 <br /> 39 Last year a realtor advised Mr . Swierczek he could sell <br /> 40 his home for $109, 000 . Mr. Swierczek questioned the <br /> 41 disparity between the present valuation and that <br /> 42 suggested by the realtor. He also felt the increase in <br /> 43 the value by Hennepin County was questionable. <br /> 44 <br /> 45 Busitzky suggested that the home may have been <br /> 46 undervalued for many years . Mr. Swierczek did not recall <br /> 47 having his home viewed in the last fifteen years . In <br /> 48 light of the ratios applied to St . Anthony this home may <br /> 49 not be correctly valued. <br /> 50 <br /> 51 No Council action was taken regarding the property. <br /> 52 located at 2608 36th Avenue Northeast . <br /> 53 <br />