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5-6-91 Bd of ReviewCITY OF RICHFIELD, MINNESOTA Council Letter No. 112 Agenda May 6, 1991 Issue Statement: Reconvening of the 1991 Board of Review. Background: On April 29, 1991 the 1991 Board of Review was continued to 7:00 p.m. May 6, 1991. The continuance was to provide staff an opportunity to prepare additional information on six appeals (seven parcels) presented on the evening of April 29. The Board directed Hennepin County Principal Property Appraiser, Larry Miller, to prepare additional background before May 6. Recommended Motion: Reconvene the Board of Review at 7:00 p.m. May 6, 1991 and take action based on the information presented at the hearing. Basis for Recommendation: 1. Reconvening of the Board has been scheduled publicly at the April 29 meeting. 2. Information needed for the Board to make a determination on the remaining appeals will be available at or prior to the hearing. 3. The Board of Review must conclude its business within 20 days of April 29, 1991. Alternative Recommendation: None. Discussion/Decision Mode: It would be desirable to conclude the proceedings of the Board of Review on May 6, 1991. Res f lly submitted, Jam D. Prosser Cit Manager JDP:ds RECONVENED LOCAL BOARD OF REVIEW 1. Wayne Corder - Review appraisal of $85,000 accepted 2. Donald Gleason - Review appraisal of $99,000 accepted 3. Robert Adelmann - Review appraisal of $185,000 accepted 4. Ray Thomas - Review appraisal of $61,000 accepted 5. BX Properties - Review appraisals of 5410,000 and $50,000 accepted 6. Warren Snyder - Review incomplete The following appeals were continued from the April 29th Board of Review. All applicants marked with an asterisk have concurred with the review appraisal. I recommend the review appraisal be adopted as the 1991 Estimated Market Value. Larry A. Miller, Principal Appraiser Name 1990 EMV Review Wayne Corder* 1200 West 73rd Street 33-028-24-13-0011 S 91,800 $ 85,000 Donald Gleason* 6211 Logan Avenue South 28-028-24-21-0049 109,300 99,000 Robert Adelmann* 7726 Colfax Avenue South 33-028-24-44-0027 250,000 185,000 Ray Thomas* 6800 Portland Avenue South 27-028-24-44-0001 67,.700 61,000 BX Properties* Chase Company 1900-12-16 East 66th Street 25-028-24-23-0037 410,000 410,000 25-028-24-23-0038 85,000 50,000 495,000 460,000 Warren Snyder Ben Ostfield 6401 Pleasant Avenue South 27-028-24-24-0018 270,000 incomplete