06-02-1986 Board of ReviewCITY OF RICHFIELD, MINNESOTA
BOARD OF REVIEW MEETING
June 2, 1986
MEMBERS PRESENT: John Hamilton, Mayor; Ivan Ludeman;
Michael Sandahl; Martin Kirsch; Edwina
Garcia; Lawrence Emond; and John Janski.
STAFF PRESENT: Steven Devich, Acting City Manager; Thomas P.
Ferber, City Clerk; Larry Miller, Hennepin
County Principal Appraiser; Steve Ide,
Appraiser; and Annabelle Thomas,
Assessment Clerk.
The meeting was called to order by Mayor Hamilton at 7:16 p.m.
Item ~1 APPEAL BY FIRST WESTERN BANK, 6500 NICOLLET AVENUE.
P.I.D. 27-028-24-24-0060.
Larry Miller, Hennepin County Principal Appraiser, stated
that First Western Bank had indicated by letter their intent to
appeal the Estimated Market Value of their property located at
6500 Nicollet Avenue but not to appear before the Richfield Board
of Review. Mr. Miller recommended that the Board sustain the
assessor's determination of the Estimated Market Value of this
property.
M/Kirsch, S/Sandahl to sustain the assessor's determination
of $1 162 500 as the Estimated Market Value of the ro ert
located at 6500 Nicollet Avenue P.I.D. 27-028-24-24-0060 .
Motion carried 7-0.
Item #2 APPEAL BY SAGE CORPORATION OF VARIOUS PROPERTIES.
Larry Miller, Hennepin County Principal Appraiser, stated
that the Sage Corporation had indicated by letter their intent to
appeal the Estimated Market Value of properties located at 1001
East 77th Street, 901 East 77th Street; 7720-30-40 4th Avenue;
701-711-717-729-735 East 77th Street; 710-716-728-734 East 78th
Street; and 620-638 East 78th Street but not to appear before the
Richfield Board of Review. Mr. Miller recommended that the Board
sustain the assessor's determination of the Estimated Market
Value of these properties.
Board of Review Minutes
-2-
June 2, 1986
M/Kirsch, S/Sandahl to sustain the assessor's determination
of the_Estimated Market Value EMV for the following properties:
P.I.D. Address EMV
35-028-24-34-0004 1001 East 77th Street $ 2,100,000
35-028-24-34-0005 901 East 77th Street
34-028-24-44-0010 7720-30-40 4th Avenue
35-028-24-33-0002
701-711-717-729-735 East
77th Street
35-028-24-33-0003
35-028-24-33-0004
710-716-728-734 East
78th Street
620-638 East 78th Street
Motion carried 7-0.
$ 2,100,000
$ 1,525,000
$ 2,125,000
$ 1,700,000
$ 1,700,000
Item ~3 APPEAL BY GERALD MARQUARDT, 7300 LYNDALE AVENUE.
P.I.D. 33-028-24-14-0001.
Larry Miller, Hennepin County Principal Appraiser, stated
that Gerald Marquardt had delivered a letter today indicating his
intent to appeal the Estimated Market Value of the property
located at 7300 Lyndale Avenue but that he would be unable to
appear before the Richfield Board of Review. Mr. Miller stated
that the property had been recently reviewed resulting in an
Estimated Market Value of $128,200.
Board discussion followed regarding the comparable
properties presented by Mr. Miller and the condition and location
factors which affect the value of the subject property.
M/Sandahl, S/Ludeman to reduce the Estimated Market Value of
the ro ert located at 7300 L ndale Avenue P.I.D. 33-028-24-14-
0001 from $128,200 to 124,200.
Motion carried 7-0.
1
1
Board of Review Minutes
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June 2, 1986
Item ~4 APPEAL BY WILLIAM RENNEKE, 7533 SHERIDAN AVENUE.
P.I.D. 32-028-24-41-0050.
.Dr. William Renneke, 7533 Sheridan Avenue, reviewed various
appraisal statements and depreciation figures in support of his
request appealing the Estimated Market Value of $96,600 for the
property located at 7533 Sheridan Avenue.
Due to the sudden illness of Dr. Renneke at this time, it
was the consensus of the Board to adjourn the meeting and to
reconvene, by call of the Chair, at a future date to consider the
pending appeals of 7633 Sheridan Avenue and 7235 Bloomington
Avenue. The Board directed that those with pending appeals be
notified of the date the Board will reconvene.
ADJOURNMENT
The meeting was adjourned a
Date Approved : 6/23/86
Thomas P. Ferber
City Clerk
Acting City Manager