2007-05-08 CC Minutes Special
AFFIDAVIT OF POSTING
STATE OF MINNESOTA )
) SS.
COUNTY OF WRIGHT )
Tracey Nubbe, being first duly sworn, says that on the 4th day May 2007 Tracey posted the
documents as shown on the reverse side a true copy of each thereof at 9:45 a.m. at the Albertville
City Offices in the window, at the City of Albertville, County of Wright, State of Minnesota.
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Subscribed and sworn to before me tbis![!!day of J
,2007.
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Notary Pu ic
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BRIDGET MARIE MILLER I
NOTARY PU8l1C-MINNESOTA
MV CommiSSion Expires Jan 31.2008 . .
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ALBERTVILLE
BOARD OF REVIEW
May 8, 2007
MINUTES
Albertville City Hall
5:30 PM
PRESENT: Mayor Ron Klecker, Council members Dan Wagner, John Vetsch, LeRoy Berning,
and Tom Fay, Wright County Commercial Assessor Tony Rasmussen, Wright County
Residential Assessor Wally Peterson, Wright County Assistant Property Assessor Jeannie Bresin,
and City Clerk Bridget Miller
ABSENT: City Administrator Larry Kruse
Mayor Klecker called the Albertville Board of Review meeting to order at 5:30 p.m.
Mayor Klecker turned the meeting over to Wright County Assessor Peterson.
Wright County Assessor Peterson reviewed the packet of information that was distributed to the
Board members. Peterson explained to the Board how the tax market value process works by
stating that each year estimated market values are analyzed, along with sales data for the City of
Albertville. Appropriate adjustments for each property and each class of property are made
based on the results ofthe sales study. This study ran from October 1,2005, through September
30,2006. It is the sales that take place during this time period that determines assessed market
values for January 2,2007. Sales that take place after the sales study is complete reflect current
market conditions and will be used for the 2008 assessment.
Peterson went on to explain that residential property valuations, whether up, down or remaining
the same are the result of 136 sales used in the sales ratio study. (Assessed value divided by sale
price equals sales ratio). The time adjusted sales ratio for the City of Albertville, for the 2007
assessment year was 92.72%. The State of Minnesota requires taxable values to be at 100
percent of market value with an allowable range of 90 to 105 percent of selling price. The ratio,
following any changes for the 2007 assessment is 93.85%, up approximately 1 %.
Residential land and a majority or home values remained the same for the 2007 assessment.
Town-home valuations were reduced as a result of market conditions. Neighborhoods that were
reviewed during the summer of 2006 may have experienced mixed valuations (up, down or
remained the same). The changes are the result of reviewing properties and equalization that
normally takes place during the review process. Review Area: (Plats 47,51,53,54,55,56,57,
58,61,62,63,68 & 73).
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City of Albertville
Board of Review Minutes
May 8, 2007
Page 2 of4
Median appraised value for 2006 $190,200
Median sale price for 2006 $218,000
Median appraised value for 2007
Median sale price for 2007
$205,550
$224,250
Current sales
The sales that have taken place since October 1 st, 2006 through April 23rd, 2007 show the
residential sales ratio currently at 92.5%. The sales ratio typically goes down as more sales
come in during the year. These sales will be used in the 2008 assessment.
Median assessed value of these properties:
Median sale price since October 1,2006:
$219,100
$236,800
(50 sales used in current study)
Wright County Assessor Rasmussen reminded the Board and those present in the audience the
purpose of the meeting tonight is to review or amend the 2007 Property Value, which the County
will use to calculate the 2007 Property Taxes that are payable in 2008. The Board or the County
cannot amend or adjust previous year's values.
Following the process and the purpose information, Wright County Assessor Peterson called the
first resident, Michael Potter, to the podium.
Mr. Potter, property identification number 101-800-066200, asked the Assessor to review the
way taxes are calculated. Potter has a 16-acre parcel, which is unplatted and has no sewer
access.
Wright Cty. Assessor Rasmussen informed Mr. Potter that the 16-acre parcel is being taxed at
fair market value for unplatted land that is zoned B-3 District, which is Highway Commercial.
The Board, along with the Wright County Assessors, continued to discuss the valuation of Mr.
Potter's 16-acre property. The Board inquired ifthere were other properties within the
Albertville city limits that could be used as a comparison with Mr. Potter's property.
Wright Cty. Assessor Rasmussen stated there are other properties that the County could review
to compare the fair market value. Rasmussen reported others are valued anywhere from $1.92 to
$2.00 a square-foot.
Board members stated that the City could not go down much more than $1.92 per square-foot.
Mayor Klecker asked the Board ifthere was a motion to lower the value from $2.00 per square-
foot to $1.92 per square-foot.
There was no motion to lower the value. It was the consensus of the Board to leave the value set
by the Wright Cty. Assessor.
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City of Albertville
Board of Review Minutes
May 8, 2007
Page 3 of 4
The Board directed the Wright Cty. Assessor to conduct a more extensive research on other
property within Albertville to compare the market value ofMr. Potter's property with those
found and report back to the Board (City Council) at a future meeting.
Wright County Assessor Peterson reported the next resident that wanted to speak before the
Board is David Alstad.
David Alstad, property identification number 101-081-002210, wanted the Wright County
Assessor and the Board to consider lowering the property value. Mr. Alstad noted that previous
year's value appeared to be within the fair market value compared to the recent notice.
Wright County Assessor Peterson stated that he visited the property prior to the meeting.
Peterson noted that Mr. Alstad was in the process of finishing off the basement. Peterson
inquired when Mr. Alstad pulled a permit to finish the basement.
Mr. Alstad reported he pulled an electrical permit, which he had a final inspection done.
Peterson informed the Board that he had not appraised the home since it was built. After visiting
the site today, Peterson lowered the value from $378,000 down to $365,000, which appeared to
be within the fair market value compared to other homes in the area.
Mayor Klecker asked the Board what their intention or concerns were for Mr. Alstad, whether to
accept the re-appraised value of $365,000 or to lower it more. It did not seem appropriate for the
Board to lower the value more than what the Wright County Assessor recently valued it at.
No motion was made to lower the value of Mr. Alstad's property; therefore, it was the consensus
of the Board to leave the value of $365,000 set by the Wright Cty. Assessor.
Wright County Assessor Peterson asked Mike Leuer and Ralph Munsterteiger to the podium.
Mr. Leuer informed the Board that Mr. Munsterteiger and himself own approximately 11-12
acres along CSAH 19, property identification number 101-079-000010. It is zoned and
classified as Commercial property. They have been monitoring the value of the land over the
past couple of years and noticed a considerable increase on the 2007 Property Tax Statement.
Mr. Leuer asked if the Board would consider re-zoning the property to agriculture. The lot is
basically vacant. Leuer-Munsterteiger rent the land to the same individual that farms the land
across CSAH 19.
Wright County Assessor informed the Board that he had concerns with the piece of property. He
had evaluated the properties surrounding the 11-12 acre parcel and also thought it was rather
high. Rasmussen went to the MN Department of Revenue to research the area. The MN DNR
Representative reviewed the land and felt the parcel was correctly zoned as commercial.
Rasmussen concluded that Wright County could not change the zoning; however, the Board
could change the classification.
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City of Albertville
Board of Review Minutes
May 8, 2007
Page 4 of 4
Mayor Klecker asked if the Board had any comments or concerns pertaining the Mr. Leuer and
Mr. Munsterteiger's parcel.
Board member Vetsch made the recommendation to change the classification from Commercial
to Agricultural.
MOTION BY Board member Berning, seconded by Board member Vetsch to change the 11-12
acre parcel, property identification number 101-079-000010 classification from Commercial to
Agricultural. Board members Klecker, Berning, Wagner, and Vetsch voted aye. Board member
Fay voted nay. Motion carried.
Wright County Assessor Peterson stated that Terri Dols, property identification number 101-124-
002010, sent a letter questioning the value of his house following the construction done to his
residence. Peterson visited the property and noted the craftsmanship performed was of poor
quality; therefore, felt it was appropriate to lower the value.
MOTION BY Board member Berning, seconded by Board member Fay to lower the value of
Terri Dols home, property identification number 101-124-002010 from $205,900 to $197,000 as
recommended by the Wright County Assessor. Motion carried unanimously.
ADJOURNMENT
MOTION BY Council member Berning, seconded by Council member Wagner to adjourn at
6:50 p.m. Motion carried unanimously.
Ji4.-~
Ron Klecker, Mayor (Board Chair)
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Bridget Mille City Clerk
M:\Public Data\City Council\Council Minutes\2007 Minutes\M 05-08-07 BdORv Final.doc