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1998-04-09 CC Minutes . ALBERTVILLE CITY COUNCIL BOARD OF REVIEW April 9, 1998 Albertville City Hall 7 :00 PM PRESENT: Councilmembers Robert Gundersen, Duane Berning and John Vetsch, City Clerk Linda Goeb, Wright County Assessor Douglas Gruber and City Assessor Greg Kramber Acting Mayor Berning called the Board of Review meeting to order. Assessor Greg Kramber eXplained that there were 36 sales in the City in 1997 that were used as a basis for assessing market value. For 1997, assessed values in the City of Albertville were 91.7% of the actual sales, in compliance with Minnesota State law. . Kramber further explained that land values in the City were left basically the same as last year. Building values were increased 4-5%; commercial values were increased approximately 10%; and ag land values were increased to $7,500 per acre. Harry Weber, owner of the Security State Bank of Maple Lake-Albertville Branch temporary site, had previously met with the Wright County assessors to discuss the evaluation of this property (PID #101-500-363402). The assessor proposes to adjust the evaluation of the Weber property to $23,600 on the land ($0.72 per square foot) and $5,600 on the building. The trailer used as the temporary bank building will be treated as personal property and the bank will pay the taxes itself. Gundersen made a motion to approve the assessor's recommendation and adjust the land value and building values to a total of $29,200 on PID #101-500- 363402. Vetsch seconded the motion. All voted aye. . Ken Tieman questioned the value on one of the three lots he owns. Kramber explained that the 50' x 150' parcel (PID #101-018-000040) was assessed at $6,300, the same as last year. The parcel is taxes as residential homestead, since it is used as a portion of the yard. Tieman owns three parcels total and the house sits on one parcel, the garage is one parcel and the remaining parcel is yard. The three parcels together are assessed at a total of $21,400, and the house is valued at $69,100. Kramber feels the valuation is fair. . ALBERTVILLE CITY COUNCIL BOARD OF REVIEW April 9, 1998 Page 2 of2 Vetsch made a motion to accept Kramber's recommendation to leave the evaluation on Parcel #101-018-000040 at $6,300. Gundersen seconded the motion. All voted aye. Vetsch made a motion to adjourn the Board of Review meeting at 7:45 PM. Gundersen seconded the motion. All voted aye. Duane Berning, Acting Mayor , U:' ~, . ;If 1/ -- '-- -(,'>1-../c/,--/ ".J" /Ce^-_./ Linda Goeb, City Clerk . .