07-06-2004 - Laserfiche WebLink

Commission Minutes--July 6, 2004 2753 The board next reviewed the appeal of B & H Investments. Phil Buhr, Partner, B & H Investments, LLP was present and said he believes B & H's property was assessed at 207% above the rest of the entire subdivision where this property is located. He is looking for a fair and accurate valuation of the property to insure that everyone shares equitably in the total burden of property taxation. Mr. Klein said he believes the assessment of Mr. Buhr's two vacant lots in Dakota Plaza Addition at $27,000 is equitable. He said the lot valuation on which the commercial structure is situated may be somewhat high relative to other lot valuations that contain structures and, therefore, recommends lowering that valuation to $45,000. MOTION, passed Mr. Meyer moved and Mr. Wagner seconded that the commercial lot assessment on Lot 2 Block 1, Dakota Plaza Addition, be lowered from $55,500 to $45,000 for 2004. On roll call vote, the motion carried unanimously. MOTION, passed Mr. Meyer moved and Mr. Wagner seconded to adjourn the County Board of Tax Equalization for 2004. Motion carried unanimously. The chair declared a five-minute recess, and the board of county commissioners reconvened at 5:50 PM. 15. ABATEMENT HEARING, B & H Investments Mr. Klein provided a written report on his investigation of abatement application #5252 and #5254 submitted by B & H Investments. He said the applicant, Phil Buhr, is requesting the valuation on Lots 1 & 3, Block 1, Dakota Plaza Addition, Stanley Township, be reduced from $27,800 and $25,000 to $15,000 each for the year 2003. Dakota Plaza Addition was subdivided from Lot 1, Austin's Subdivision. The Stanley Township Board of Supervisors recommended denial of the abatement applications; however, Mr. Klein recommends lowering the valuation to $15,000 for 2003 on both vacant lots because it would appear the valuation is excessive when compared to other vacant lots in Austin's Subdivision. Also, the local assessor sent a notice of increased assessment to B & H Investments listing a valuation of $15,000 for Lot 3 and a valuation of $27,800 for Lot 1, which was actually placed on the assessment roll at $25,000. Mr. Klein said Mr. Buhr concurs with his recommendation of $15,000 for these two lots. MOTION, passed Mr. Wagner moved and Mr. Vanyo seconded that abatement #4252 and abatement #4254 for B & H Investments be lowered to $15,000, as recommended by the Director of Equalization. On roll call vote, the motion carried unanimously. Mr. Klein provided a written report on his investigation of abatement application #5253 submitted by B & H Investments. He said the applicant, Phil Buhr, is requesting the $545,000 valuation be reduced to $219,200 for 2003 on his commercial property located on Lot 2, Block 1, Dakota Plaza Addition.