06-04-1991 - Laserfiche WebLink

Board of Equalization Meeting--June 4, 199! 687 MOTION, Fail. ed for lack of a second Mr. Risher moved to defer action until the City of Briarwood's assessor can meet with the county board of equalization. Motion failed for lack of a second. MOTION, passed Mr. Eckert moved and Mrs. Toussaint seconded that all residential structures in the City of Briarwood be increased 12% as recommended by the county director of tax equalization. At the call for the question and on roll call vote, all members present voted "Aye." MANCHESTER OFFICE BUILDING, Assessment stands Mr. Vern Kepler, Manager of the Manchester Building, requested that the county board of equalization reduce the assessment on this property in the city of Fargo to $602,740 based on its net operating income. He said the vacancy rate has been consistent at 25% for the past 3 years. Fargo City Assessor Ben Huschka said the City of Fargo recommends a value of $1,326,000 for 1991. He said the income approach is not the only indicator of value, and he said the city assessor's office develops an appraisal system where all properties are taxed equally. MOTION, passed Mrs. Toussaint moved and Mr. Risher seconded to sustain the assessment on the Manchester Building at $1,326,000 as recommended by the Fargo Assessor's Office and county director of tax equalization. At the call for the question and on roll call vote, all members present voted "Aye." ADJOURNMENT No one else was present to address the county board of equalization. MOTION, passed On motion by Mr. Risher and seconded by Mrs. Toussaint, the Chairman declared the Cass County Board of Tax Equalization meeting adjourned for 1991. ATTEST: APPROVED: Michael Montplaisir - County Auditor Cass County, North Dakota Gene Shannon, Chairman Cass County Board of Commissioners