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2018-04-16 LBAE MinutesCITY OF ALBERTVILLE LOCAL BOARD OF APPEAL AND EQUALIZATION CITY HALL — COUNCIL CHAMBERS April 16, 2018 APPROVED MINUTES ROLL CALL PRESENT: Board members John Vetsch, Aaron Cocking, Walter Hudson, and Rob Olson. ABSENT: Mayor Jillian Hendrickson STAFF PRESENT: City Administrator -PWD Adam Nafstad, City Clerk Kimberly Hodena, Albertville Appraiser Brice Nelson, Wright County Assessor Tony Rasmuson OTHERS PRESENT: Mchdi Arradizadeh, Tina Segler, Wendy Merila, Becky Nielsen, John Hawkins., Maritza Pechan, Eduardo del Barrio, Magdear cooper-Kekula, Agatha Sand, Ron Scherer Vetsch called the meeting to order at 6:35 P.M. ASSESSOR'S OPENING STATEMENT Nelson reported that the goal of the Local Board of Appeal and Equalization is the review the 2018 assessment for taxes due and payable in 2019. The board does not have the authority to open any prior year's assessment for taxes due and payable in 2018. The board also does not have the authority to grant an exemption or to order property to be removed from the tax rolls. Nelson indicated at least a quorum of the board must be present at the meeting with at least one trained and certified member. He also indicated State law requires the assessor to value property at 100% market value; however Minnesota Statutes allow the assessor to within a range of 90% to 105% if market value. Nelson reported that overall in Wright County, residential value increased 7.36%, apartments by 5.48%, and commercial for 3.19%. There was a total of $22 million in new construction completed. He stated the sales ratio for qualified sales (non -foreclosure properties) was 92.26%. Vetsch stated if they fall below 90%, the State of Minnesota will address the value. Rasmuson stated that comparable sales data can be found on Wright County Beacon website. Hudson inquired about the process used to evaluate market value and Nelson replied that assessors use a mass appraisal approach using comparable sales data in similar neighborhoods. Arradizadeh, 6750 LaSalle Circle NE, inquired how the City knows if improvements are made to properties and Nelson replied that he looks at building permits. Rasmuson also stated that they verify through sketches. Page I City of Albertville Meeting Minutes Local Board of Appeal and Equalization April 16, 2018 Page 2 of 2 Nielson, 6753 LaSalle Circle NE, inquired why their value increased so much. Nelson responded that the home had more square feet and the building materials were a higher grade. He clarified that he is looking only at market valuation and not tax rates. Tax rates are set by the county, city, and school district. His role is to make a recommendation on market valuation to the board, but the board ultimately will make the decision whether to lower the valuation or not. Merila, 11701 54th Street NE, stated that she had difficulty refinancing her home as the appraisal didn't come in at what the market valuation was at. Rasmuson informed the board and audience that the homestead credit also goes down as valuation goes up. Nafstad inquired if it was possible for the Assessor's office staff to review the properties of the persons present and reconvene. Rasmuson indicated that a reconvention of the meeting would need to be done by May 2. Nafstad suggested possibly April 30 after the Joint Governance meeting. Motioned by Olson, seconded by Hudson, to reconvene the Local Board of Appeal and Equalization meeting on April 30, 2018 at 7:00 p.m. Ayes: Vetsch, Cocking, Hudson, and Olson. Nays: None. Absent: Hendrickson. MOTION DECLARED CARRIED. Motioned by Cocking, seconded by Olson, to close the meeting at 7.29 p.m. Ayes: Vetsch, Cocking, Hudson, and Olson. Nays: None. Absent. Hendrickson. MOTION DECLARED CARRIED. Respectfully submitted, Kimberly . Hodena City Clerk