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HomeMy WebLinkAbout2002 [04] Apr 02 I I I April 2, 2002 Page 1 Óf 2 I 1 Pursuant to due call and notice thereof, the City Council met as the Board of Equalization and Review on Tuesday, April 2, 2002 at 6:30 PM in the St. Joseph City Hall. I Members Present: Mayor Larry Hosch, Members of the Council Bob Loso, Al Rassier, Kyle SChneiderl City Assessor Ollie Lesncik; County Assessor Bob Lindvall. City Administrator I Clerk Judy Weyrens. I Others Present: Steve Frank, Kathy Doyle, Bernadette Powers, City Assessor Ollie Lesnick stated the purpose of the meeting is to allow residents the opportunity to dispute the proposed market valuation for the year 2003. Lesnick stated that recent legislation requireS that all properties be assessed within 10 percent of the re-sale market value. Therefore, as the housing market prices increases, so will the valuations on property, Generally, residential homes were increased an average of 10 percent with commercial and industrial properties realizing an 8 percent increase, ! I Lesnick further clarified that an increase in market valuation alone does not cause an increase in property taxes paid. Property taxes are increased when the City Council increase spending. Spending decision's are considered in December of each year, If spending remains constant, so will property taxes, At thiS time Lensick opened the floor for questions from those present. Steve Frank of 606 Birch street West, PID 84-53471-096, spoke in objection to his proposed market valuation for 2003, Frank stated that over the past five years his property has increased in valuation 35%, with an 8% increase in 2002. Frank stated that his property is over built for the area, and his valuation does not reflect such. The neighborhood consists of split entry homes and ramblers with two car garages. Frank stated the increased valuation may not be unsettling if he wasn't forced to look at a mechanical repair business across the street. In his opinion the repair business further devalues his J property. i Weyrens responded that a mechanical repair business is not permitted in a R-1, Single Famil , zoning district and the matter has been turned over to the Police Chief and City Attorney, I Frank stated that his house is in need of repairs and if the home were sold those repairs would be I reflected in the selling price. All of the windows in the home need to be replaced and the estimated cbst of replacement is $18,000, In addition, the driveway needs to be repaired and Frank has received an 1 estimate of $ 5,000 - $ 7,000 to replacelrepair. I· Lesnick agreed to review the property for possible market value adjustment. I Bernadette Powers of 701 _1'd Avenue NE, PID 84-53734-027, spoke in objeciiOn to the proposed I market valuation for 2003, Powers stated that her valuation increased by 8,7 percent and she has not completed any improvements, Lesnick responded that residential homes in St. Joseph experienced on the average a 10.3 percent increase. Therefore, the increase to her property is a result of the increased housing market. Powers stated her house is valued higher than the house adjacent to hers and the neighbors home is I larger. Powers stated that she has a small three bedroom house with an unfinished basement. Lesnick agreed to review her property, I Kathy Doyle, spoke on behalf of her mother who owns a townhouse on 9th Avenue SE, P/D 84-53475~ 079. Doyle stated the majority of the townhomes on 9th Avenue SE replaced the decks which resulted in an increased valuation. Doyle stated that her mother did not replace the deck and requested that Lesnick verify that her valuation was not increased, Lesnick agreed to review the prop~rty, I Weyrens reported that she has received two letters questioning the 2003 proposed assessed valuation. They are as follows: April 2, 2002 Page 2 of 2 Doris and Gerald Johnson questioned the square footage calculation of the garage. Lesnick stated that he did discuss this matter with the property owners and agreed an error occurred and he will correct the valuation when the final report is submitted, Kurt and Jo Ann Schneider of 15 Minnesota Street Wesf disputed the proposed 2003 valuation. The letter indicated that Schneider recently received an appraisal on the property whereby the value was stated to be $ 92,000. The proposed 2003 assessed valuation is $ 109,000. Lesnick stated that he meet with the property owners and had the opportunity' to review the income and expense statement for the property. The property has many needed repairs and Lesnick agreed to review the property and adjust the valuation when the final report is submitted. Lesnick stated that he will review the properties discussed at this meeting and will submit a final report to the Council for consideration at the April 18, 2002 Council meeting, Loso made a motion to recess the Board of Review, allowing the Assessor time to review the properties discussed at this meeting and to reconvene the Board of Re1riew on April 18, 2002. The motion was seconded by Rassier and passed unanimously by those present. Adiourn: The meeting was adjourned by consensus at 7:30 PM ~z Administrator I Clerk I I I