06-03-1986 - Laserfiche WebLink

Floyd Buerkley, Fargo City Assessor, was also present and stated that his office first appraised the Scandia Hotel property at $1, 872, 00 using a cost approach plus depreciation method. Mr. Buerkley stated that the City Assessor's Office has now completed an appraisal using the income approach, based upon a 65% occupancy rate. The amount of this appraisal is $2,100,000. He stated that the Fargo Board of Equalization denied the appeal. Chairman Wieland asked what the property owners feel the value of this property should be, and Mr. Turman stated that their request is for $1,400,000. Upon the recommendation of Clarence Miller, Mrs. Stanton moved and Mr. Eckert seconded that the request to reduce the valuation of the Scandia Hotel property be denied and that the valuation be placed at $1,872,000.00. The motion failed upon roll call vote with Mr. Wieland, Mr. Larson and Mr. Sondrall opposing. Mr. Larson moved and Mrs Stanton seconded to continue the appeal of the Scandia Hotel property to June 24, 1986, at 9:15 A.M. On roll call vote, the motion carried unanimously. Mrs. Stanton moved and Mr. Larson seconded to recess the County Board of Tax Equalization until June 24th at 9:15 A.M. Motion carried. A.M. The Board convened as the County Board of Commissioners at 9:45 Attorney Daniel Twichell was present regarding the Argusville Dike Agreements. The Chairman read a letter from States Attorney Robert Hoy outlining seven documents, which he found to be in proper order and suitable to accomplish the purposes outlined by Mr. Twichell at the May 27th Commission meeting. The States Attorney has discussed the terms of the agreements and the location of the properties involved with County Engineer Don Richards. Mr. Larson moved and Mr. Sondrall seconded that the Chairman be authorized to sign the seven documents identified with the City of Argusville diking project on Cass County Highway 81. On roll call vote, the motion carried unanimously. Mr. Eckert moved and Mr. Sondrall seconded that the Chairman be authorized to sign the utility permit for Cass County Rural Water Users along County Road 21 near St. Benedict. On roll call vote, the motion carried unanimously. Mrs. Stanton moved and Mr. Larson seconded to reject the one bid received June 2, 1986, in the amount of $100,000.00 for the sale of the Cass County Annex building located at 702 Main Avenue, Fargo; and that Administrative Assistant Scott Krueger be requested to prepare documentation necessary to re- advertise for sealed bids. On roll call vote, the motion carried unanimously. Upon the recommendation of Data Processing Manager Richard Offutt, Mr. Larson moved and Mrs. Stanton seconded that the Chairman be authorized to sign the licensing agreement with CCSI for Road