Loading...
HomeMy WebLinkAboutBOR - April 12, 2012►4J ANDOVER BOARD OF REVIEW APRIL 12, 2012 — MINUTES The Annual Board of Review was called to order by Mayor Mike Gamache at 7:00 p.m., Thursday, April 12, 2012, at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Councilmembers present: Mike Knight, Sheri Bukkila, Julie Trade, and Tony Howard Appointed Board Member: Jim Dickinson Also Present: Jason Dagastino, Anoka County Residential Assessor John Leone, Anoka County Commercial Assessor Mike Sutherland, Anoka County Assessor Mayor Gamache noted that official notices of the public meeting had been sent to the homes of residents and is posted outside the Council Chambers. He explained the purpose of the meeting and advised that they would only review assessments from the current year. Mr. Dagastino reported that evaluation notices were sent out in March and he received 18 calls, which is very low compared to past years when well over 100 calls were received. He stated that of the 18 calls he received, nine reviews were conducted. He believed that the reason for the decrease in calls is because most properties have continued to decrease in value and he believed people are seeing what they are expecting. He reported that in 2012 there were 156 residential sales, with a few more foreclosure sales than the previous year. He stated that overall the value of property within Andover decreased 3.6 percent, compared to a decrease of 4.8 percent the previous year. Councilmember Trade discussed the purchase of new construction homes and compared that to the value that someone could obtain by purchasing a previously owned home in this market. Councilmember Trade commented that she was pleased to see all the information included in the packet. Mr. Leone discussed some of the commercial transactions that had taken place in the past year in Andover and other vacant commercial properties in neighboring cities. Councilmember Trade noted that Mr. Dickinson was appointed as the sixth member of the Board of Review. There were no comments made from the public. 0 ADJOURN BOARD OF REVIEW Andover Board of Review Meeting Minutes —April 12, 2012 Page 2 © Motion by Councilmember Bukkila, Seconded by Councilmember Trude, to close the Board of Review meeting. Motion carried unanimously. The meeting adjourned at 7:18 p.m. Respectfully submitted, Amanda Staple Timesaver Off Site Secretarial, Inc. H �J