1987-05-20 Board of Review.a4 LEP
Page No. -2-
May 20, 1987
CITY OF MENDOTA HEIGHTS
DAKOTA COUNTY
STATE OF MINNESOTA
Minutes of the Board of Review
Held Tuesday, May 20, 1987
Pursuant to due call and notice thereof, the City Council of the City
of Mendota Heights met as the Board of Review at 7:30 o'clock P.M. at
City Hall, 750 South Plaza Drive, Mendota Heights, Minnesota.
Mayor Mertensotto called the meeting to order at 7:30 o'clock P.M. The
following members were present: Mayor Mertensotto, Councilmembers
Blesener, Cummins, and Witt. Councilmember Hartmann had notified the
Council that he would be absent.
Mayor Mertensotto turned the meeting over to Assistant County Assessor
Bill Peterson. Assessor Peterson informed the audience that he and
several other assistant assessors were present to review the estimated
1987 market values. He informed the audience that the State Tax
Department has mandated a 90% ratio of market values to sales and that
residential market values were therefore increased as follow : homes
valued at $50,000 and under, 15 %; values $51,000 to $80,000, 6 %;
$80,000 to 100,000, 2 %; values $100,000 to $115,000, 7 %; and values
above $115,000 were increased 10 %. Commercial and industrial
property values were increased by 10 %.
Letters were received from Mr. & Mrs. Richard Gabriel, 670 Apache Lane;
Murray M. Kieffer, 897 Nina Court, Mr. & Mrs. Richard Mullins, 781
Ridge Place; and Gail Wirth, 2153 Fox Place.
Mr. Peterson and the assistant assessors then met with individual
property owners wishing to discuss valuations. A roster of those in
attendance is attached.
ADJOURN
ATTEST:
There being no further business to come before the
Board, the meeting was adjourned at 9:50 o'clock
P.M.
Charles E. Mertensotto
Mayor
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thleen M. Swanson
City Clerk
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MUNICIPALITY
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