City Council

ANDOVER BOARD OF REVIEW APRIL 27, 2015 – MINUTES The Annual Board of Review was called to order by Mayor Julie Trude at 7:00 p.m., Monday, April 27, 2015, at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Councilmembers present: Sheri Bukkila, Mike Knight, Valerie Holthus, and James Goodrich Councilmembers absent: None Appointed Board Member: Jim Dickinson Also Present: Jason Dagostino, Anoka County Residential Assessor John Leone, Anoka County Commercial Assessor Andrea Jones, Anoka County Residential Assessor The Andover Board of Review Convened at 7:00 p.m. Mayor Trude noted that official notices of the public meeting had been sent to the homes of residents, was advertised in the official newspaper and is posted outside the Council Chambers. She explained the purpose of the meeting and advised that they would only review assessments from the current year. There were no residents in the audience. Mr. Jason Dagostino, Anoka County Residential Assessor, reported that valuation notices were sent out in March and two residents indicated they would be at the meeting but after meeting with him the residents notified him they would not be at the meeting. Mr. Dagostino noted one of the residents had an appraisal done and came to the conclusion the valuation was correct after Mr. Dagostino met with the resident to go over the appraisal. The other resident did not agree with the valuation and Mr. Dagostino indicated he would need some evidence supporting the residents’ reasons for challenging the valuation. Mr. Dagostino stated he received 24 calls this year, last year 93 calls were received. He stated of the 24 calls he received this year, 7 reviews were conducted. He reported that in 2014 there were 310 good residential sales with only 74 foreclosure sales. He noted the foreclosures are dwindling. He stated that overall the value of property within the County increased approximately 3.8 percent, although individual properties may see something different. Andover Board of Review Meeting Minutes – April 27, 2015 Page 2 Mr. Dickinson reviewed the distribution of parcels in Andover by property type, indicating that residential properties are about 94%. Councilmember Knight asked what the primary factor is for valuation increases. Mr. Dagostino indicated the primary factor for significant change is if there have been improvements made to the home. Mayor Trude thought the south area of Andover received a big increase in valuation. Councilmember Bukkila indicated last year her neighborhood received a large increase in valuation. Mr. Dagostino stated the sales trends are strong in that area. Councilmember Bukkila noted there has been a large turnover of people in her neighborhood. Mayor Trude stated the increases are based on real data and current sales. Mr. Dagostino stated that is correct. He indicated they use the sales from the open market during a set period of time each year to base the valuations on. Mr. John Leone, Anoka County Commercial Assessor, discussed some of the commercial transactions that had taken place in the past year in Andover. He noted there were not many commercial sales during the year. He stated the City owned property sales are disqualified in the comparisons. Mr. Leone noted he received one call from Andover Cinema regarding their valuation. The owner wanted the valuation reduced to $2 million from the County valuation of $2.6 million dollars. He stated he would not recommend lowering the valuation for that property because of all of the improvements that had been made. Mr. Dickinson explained why Anoka County is used as the City’s assessor. No appeals were presented. ADJOURN BOARD OF REVIEW Motion by Councilmember Knight, Seconded by Councilmember Goodrich, to close the Board of Review meeting. Motion carried unanimously. The meeting adjourned at 7:30 p.m. Respectfully submitted, Sue Osbeck, TimeSaver Off Site Secretarial, Inc.