HomeMy WebLinkAboutBOR April 11, 2007
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1685 CROSSTOWN BOULEVARD N,W_ . ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW,CLANDOVER,MN_US
Board of Review
7:00 PM
0 Wednesday,
April 11, 2007
at Andover City Hall
Council Chambers
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BOARD OF REVIEW
APRIL 11,2007 - MINUTES
The Annual Board of Review was called to order by Mayor Mike Gamache at 7:00 p.m.,
Wednesday, April 11, 2007 at the Andover City Hall, 1685 Crosstown Boulevard NW,
Andover, Minnesota.
Council Members Present: Don Jacobson, Mike Knight, Ken Orttel, Julie Trude
Council Members Absent: None
Also Present: Jason Dagastino, Anoka County Residential Assessor
John Leone, Anoka County Commercial Assessor
No one appeared before the Council.
Mr. Dagastino noted that he received 68 calls this year. Last year he received 59. The
majority of the questions were about valuations. In 2005 there were 526 sales in the city
0 with an average sale price of $296,000.00 and in 2006 there were 324 with an average
sales price of$3l0.300. The assessed valuations were up 6.2%. The Assessor's Office is
only allowed to use sales from October 1,2005 through September 1, 2006.
Council Member Trude felt that we will see lower values throughout the city.
Mr. Dagastino stated that since January 1,2007 there have been 47 sales with an average
price 6f$293,000. The higher end homes are selling but the lower end ones are not.
Council Member Orttel questioned the number of parcels listed in the information
provided by the County. Mr. Dagastino explained that the number includes parks and
roads.
Mr. Leone stated that he received a call regarding the valuation of the new strip mall
located by the bank and he lowered the valuation. The parcel for the new liquor store
sold for $11.41 per square foot, Clocktower Commons properties sold between $8 and $9
per square foot and Fairbanks paid $8.00.
Council Member Trude thanked Mr. Dagastino for doing a good job for the residents,
Motion by Jacobson, seconded by Knight to adjourn. Motion carried unanimously.
0 The meeting adjourned at 7:12 p.m.
Respectfully submitted,
tL:L' O~
Vicki V olk
City Clerk