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1993-04-20 Board of ReviewPage No. 3489 March 2, 1993 CITY OF MENDOTA HEIGHTS DAKOTA COUNTY STATE OF MINNESOTA Minutes of the Board of Review Meeting Held Tuesday, April 20, 1993 Pursuant to due call and notice thereof, the annual Board of Review meeting of the City Council, City of Mendota Heights, was held at 7:00 o'clock P.M. at City Hall, 1101 Victoria Curve, Mendota Heights, Minnesota. Mayor Mertensotto called the meeting to order at 7:00 o'clock P.M. The following members were present: Mayor Mertensotto, Councilmembers Huber, Koch, and Smith. Councilmember Krebsbach had notified Council that she would be late. BOARD OF REVIEW Mayor Mertensotto informed the audience that the purpose of the meeting is to review 1993 property valuations, which will be used to determine 1994 real estate taxes. Mayor Mertensotto introduced County Assessor Marvin Pulju and Assistant Assessor Bill Peterson. He then turned the meeting over to Assistant Assessor Bill Peterson. Assistant Assessor Peterson asked the audience for general questions and explained that several of the assessor's staff members would meet with property owners who have questions about their individual valuations. He informed the audience that everyone in attendance should sign an attendance roster. A gentleman in the audience asked whether there was an across the board increase in valuations. Mr. Peterson responded that the estimated market values rose approximately 2.5%, exclusive of any improvements which may have been made to individual properties. He explained that the Assessor's office uses a computer model to recalculate values each year on every property in the county. A gentlemen asked how the assessor values new construction. Mr. Peterson responded that, with respect to improvements, the assessors view the properties and determine the overall Page No. 3490 March 2, 1993 contribution an improvement makes to the valuation of the property. With newly constructed homes, size, location, quality of workmanship, and other characteristics are taken into consideration. Assessor Peterson informed Council that about 64 Mendota Heights property owners appeared at recent open book meetings to discuss their valuations with the Assessor's staff. There were no further questions from the audience. Mayor Mertensotto informed the audience on the city's estimated market value for taxes payable in 1994, and stated that there has been an overall change in market value of about 3 %. He reminded everyone present to sign the attendance roster, and acknowledged letters received from Steven Olson, 2469 Westview Terrace, Mr. & Mrs. Richard Gabriel, 670 Apache Lane, Mr. & Mrs. Richard Banholzer, 2526 Whitfield Drive, Ms. Patricia Kane, 2491 Pondhaven Circle, and Cray Research, 1440 Northland Drive. He stated that the Assessor will respond to the letters. Mayor Mertensotto explained that the Assessor's staff would now personally meet with all of the individuals present, and that the Board of Review would be kept open until the next regular Council meeting. It was the consensus of Council to continue to the Board of Review meeting to May 4th. /;,7 S4� �t K,thleen M. Swanson City Clerk ATTEST: Charles E. Mertensotto Mayor