HomeMy WebLinkAboutCity Council Minutes 05-11-1999 BOEAdopted Minutes
1999 Board of Review
May 11, 1999
The meeting of the Plymouth City Council sitting as the 1999 Board of Review was
called to order by Mayor Tierney at 7:00 p.m., in the City Council Chambers, 3400
Plymouth Blvd., on May 11, 1999.
COUNCIL PRESENT: Mayor Tierney; Councilmembers Spigner, Johnson, Harstad,
Bildsoe, Slavik, and Black.
ABSENT: None.
STAFF PRESENT: City Manager Johnson, Finance Director Hahn, City Assessor Bye,
Senior Appraiser Olsson, Commercial Appraiser Zent; Appraisers Kingsbury,
McCormick and Moos; and City Clerk Ahrens.
Motion was made by Mayor Tierney, seconded by Councilmember Bildsoe, to approve
the staff recommendations on the following parcels:
Name/Address PIN Number 1999 Value Amended Value
Jingxi (Jim) Yiu
3045 Rosewood La. 22-118-22-41-0009 201,100 191,700
Kim Mertens
1820 Garland Lane 29-118-22-31-0062 239,100 232,000
Brandon 08-118-22-23-0005 353,900 No Change
Development Co. 08-118-22-22-0011 353,900 No Change
Jan Steppat
1152 Trenton Circle 36-118-22-21-0065 190,900 186,900
John N. Allen
Vacant Land 36-118-22-24-0085 770,000 No Change
Josephine C.
Hughes 18-118-22-42-0066 156,800 147,100
4025 Co. Rd. 101
Wm. & Lisa Doerr 25-118-22-11-0010 283,000 No Change
2355 E. Medicine
Lake Blvd.
Motion carried, seven ayes.
The City Council considered the request of Al Goblirsch for a reduction in value of parcel
05-118-22-44-0003.
Adopted Board of Review Minutes
May 11, 1999
Page 2
City Assessor Bye said that staff recommends a reduction in the 1999 market value from
597,800 to $443,000.
Terry Goblirsch said that the proposed value of $443,000 would be a 182 percent increase
since 1996 and a 28 percent increase over 1997. He said that the two comparison
properties presented by staff were sold for $25,000 per acre. These purchases were
speculative in nature, with an anticipated three to four year holding time. He said that
development within this period would be in contrast to the City's adopted policy on
timing of development for this area. There have also been a limited number of sales of
this type of property.
In response to a question by Councilmember Johnson, Assessor Bye explained that 19.69
acres of the Goblirsch site are proposed to be valued, with a 4 -acre wetland credit. This is
an estimate, since the wetlands have not been delineated.
Councilmember Bildsoe asked if staff considers the motive of purchasers and the possible
future uses of property when determining value.
Assessor Bye said the highest and best use of the parcel must be considered. If US
Homes is using parcels as an investment, that would not be a reason to disqualify it as a
comparable sale. They are paying what the market will support.
Mayor Tierney noted that of the three parcels that were possibly purchased on
speculation, one sold for $10,000 per acre and two sold for $25,000 per acre.
Assessor Bye explained that the $10,000 per acre parcel sale occurred in 1994, and she
confirmed that values have doubled in this area in the past three years.
Councilmember Bildsoe asked why staff is recommending a value of $22,500 per acre on
the Goblirsch parcel, when the comparable properties sold for $25,000 per acre.
Staff responded that this additional discount accounts for the benefit of the doubt on the
holding time of the parcel.
Motion was made by Councilmember Black, seconded by Councilmember Johnson, to
approve a reduction from $597,800 to $443,000 for the Goblirsch parcel (05-118-22-44-
0003), as recommended by staff.
Councilmember Black stated it appears that staff has taken all factors into account to
reduce the value of the parcel.
Motion carried, six ayes; Spigner abstained.
Adopted Board of Review Minutes
May 11, 1999
Page 3
Motion was made by Councilmember Bildsoe, seconded by Councilmember Black, to
adjourn the meeting at 7:20 p.m. Motion carried, seven ayes.
G2 Ll.
La ie Ahrens
City Clerk