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Mr. Wolend stated he now understands they are unable to get a tax freeze, but he suggested that they get the reduction, then track the Increases based on the sale of other propertles In the area against the base. His study indicated that because of businesses such as the book store, the surrounding properties will not appreciate as fast as the remainder In the City. They are Interested In being fair. Ed Thurston, County Assessor, stated In his opinion an across-the- board reduction for that area is not supportable. If that is done, he would petition the County Board of Equalization to put It back In place. Mr. Wolend stated they still want the City's support with the proposed reduction. If the county disagrees, the residents will take their case to the County Board of Equalization. The reduction would not financially impact the City at all. Mr. Thurston stated by reducing these valuations, the burden is shifted to the remainder of the City. Granted it may be only a few cents per household; but what these residents don't pay, the remainder will. Mr. Wolend argued the amount is negligible. It is not the residents that are creating the problem, stating they had a nice community at one time. Mr. Joe Sentyrz, 6740 Highway #10 NW, Small World Day Care Center, 34-32-25-13-0004 and 35-32-25-22-0015 - stated their business is probably one of the most affected because of the book store. They put in a security system for the people who work there. The children they care for are from Infants to about age seven, but there seems to be a greater turnover since the book store. They are licensed for 75 children, and business is down by more than 25 percent. The exact loss Is difficult to determine. Mr. Sentyrz related other events which point to a loss of potential customers for both his business and others and the diffiGultYHeOf selling property In that vicinity because of that business. stated the book store has been absolutely devastating, and they cannot walt two to three years before an adjustment is made to their property valuations. He Joined with his neighbors in asking the City Council to support the residents now, as they have all been effected. If they have to take the issue to the county, they will, but they would like the City's support. Dean Rich, Champlin, on behalf of Sharon Wagner, Riverside West - related an incident in Champlln where the City Council reduced the valuations across-the-board in an area where the houses started to sink into the ground. His point was the City Council has to make the determination on any reduction in valuations, not the county or BOARD OF REVIEW FOLLOW-UP/APRIL 10, 1991 Page 4 of 7