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Gordy Starkey replied that the taxes due figure listed on the property tax statement is correct but the property valuation indicated is not; the County is making necessary corrections and mailing out revised property tax statements. Mark Arnold - 16150 Dysprosium Street N.W. - PIN 13-32-25-23-0006 - Stated that his property value increased $11,000; he has discussed the matter with Mr. Keefe but he doesn't believe land values have increased this much. Mark Arnold stated that there is another home in River's Bend that has a property valuation $500 less than his that has more square footage and amenities. City Council directed Mr. Keefe to schedule an appointment with Mark Amold to reinspect 13-32-25-23-0006. Don Anderson ~ 144440 Bowers Drive N.W. - PIN 30-32-25-41-0010 - Stated that the valuation on his vacant lot increased from $6,000 to $37,000; inquired if an out-of- proportion lot sale on the high side could set a precedence for river lot valuations. Mr. Keefe stated that if a lot sale is out-of-proportion, he does take that into consideration when setting values; lots sales up and down the Mississippi River indicate a consistent value. Mr. Hartley stated that as the inventory of available river lots decreases, the demand increases and this affects the market value. Paul Bertils - 16700 Garnet Street N.W. - PIN 10-32-25-31-0008 - Stated that the value on this incomplete home has been set at $73,100 and it will be listed for $79,900 when it is completed. Mr. Keefe stated that he has the home listed as 90% complete but would like to reinspect it. City Council directed Mr. Keefe to schedule an appointment with Paul Bertils to reinspect 10-32-25-31-0008. Paul Bertils - PIN 10-32-25-31-0014 - Stated that the value placed on this vacant lot is $14,500; his other lots in the area have a market value of $3,100. Mr. Keefe stated that the valuation on PIN 10-32-25-31-0014 is an error and will be adjusted to $3,100. Ed Daeger - 16451 Dysprosium Street N.W. - PIN 13-32-25-21-0017 - Stated that his property valuation increased $16,800 and at this stage of his life, he doesn't need that from Ramsey. Inquired as to who is Mr. John Keefe's employer. Mayor Reimann replied that Mr. Keefe works for the City of Ramsey and it's citizens; he was recently hired by the Mayor and City Council. Ed Daeger - Stated that Mr. Keefe has no experience as a City Assessor and it appears he is in an on-the-job training status because all of his assessments are based on averages and sales; no consideration has been given to the practical aspects of assessments. If errors were made in the past, it would be better to correct those errors over a period of time versus one year. Ed stated that his experience as a fhe adjustor has taught him that each property is different and has to be examined to add in the practical aspect. Board of Review/April 4, 1990 Page 6 of 9