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06-08-1981CITY OF RICHFIELD BOARD OF REVIEW - CONTINUED SESSION June 8, 1981 The Board of Review of the City of Richfield met in continued. session in the council chambers of the city hall on Monday, June 8, 1981 at 6:30 p.m. Present: Council members Bunce, Collins, Hassenstab, Ludeinan, Priebe, resident members Harry Tickner and Harley Witte and City Assessor Vern Anderson. The Board of Review considered the appeal of Gordon Strom, owner of the following properties: 6500 Lyndale Avenue 27-028-24-23-0069 (Wendy's) 6520 Lyndale Avenue 27-028-24-23-0070 (Kenny's Yamaha) 6532-38 Lyndale Avenue 27-028-24-23-0004 (Hub Stationery) 729 West 65th Street 27-028-24-23-0071 (Coif Drapery) Mr. Strom appeared and protested his assessment, indicating that he believed there should be no increase in valuation because of the moratorium on expansion in the "Godfather Block", which had been imposed by the city council. He said he ~-~- - - - . could go along with a 5% increase in valuation, however. City Assessor Vern Anderson stated that he did not say the valuation increase would be limited to 5°J°. Motion by Bunce, seconded by Collins to sustain the assessor's valuation for property at 6500 Lyndale Avenue-, Wendy's, at $285,000. All ayes - Carried. The City Assessor presented data to substantiate the valuation placed on the property at 6520 Lyndale Avenue, occuped by Kenny's Yamaha at $165,000. Mr. Strom indicated he had no comments. Motion by Bunce, seconded by Witte to sustain the assessor's valuation for this property. All ayes - Carried. Continued Board of Review -2- June 8, 1981 oyce L. Wilde Acting City Manager The City Assessor presented data to substantiate the valuation placed on the property at 6532-38 Lyndale (Hub Stationery). Motion by Bunce, seconded by Tickner to sustain the assessor's valuation of $220,000 for this property. All ayes - Carried. 729 W. 65th Street - Vacant Lot Motion by Bunce, seconded by Tickner to sustain the assessor's valuation of $26,000 for this property. All ayes - Carried. Motion by Ludeman, seconded by Hassenstab to close the hearing. All ayes - Carried. Date Approved; June 22, 1981 Dennis Kraft Acting Ci Clerk i onald J. Pri a Mayo