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The Board of Review reviewed the State law and found it would prohibit <br />reducing the 1980 valuation by more than 1% of the total amount of the <br />1980 valuation; consequently, the board directed that a resolution be <br />adopted to reduce the 1980 commercial valuations to 70% of the difference <br />between the 1980 and 1979 valuations. <br /> <br />Motion by Councilman Cox to adopt Resolution 80-1 Stating the City of <br />Ramsey's Position on the Unfairness of the State Tax Structure on Commercial <br />and Industrial Buildings and Land, and Bare Platted Land (Residential, Commercial, <br />and Industrial Lots) and to direct the City Assessor of the City of Ramsey <br />to reduce the land and .building valuation established for 1980 to 70% of <br />the difference between the 1980 and 1979 valuation on commercial and <br />industrial buildings and land, Class W properties, bare platted zoned <br />commercial and industrial and new construction, if any, on industrial/ <br />commercial property, and that copies of this resolution be sent to the <br />Anoka County Board and to the Governor, Commissioner of Revenue and <br />Commissioner of Economic Development of the State of Minnesota. <br /> <br />Motion seconded by CoUncilman Reimann. Voting yes-Mayor Gamec, Councilmen <br />Sorteberg, Reimann, Mickelson and Cox. Voting no-None. <br /> <br />Motion carried. Please refer to resolution file for Resolution 80-1. <br /> <br />County Assessor Thurston said he would leave the Abstract here and show what <br />had to be signed and filled out. He said everything had to be rounded out so <br />that the 70% figure might be a little under. <br /> <br />City Assessor Wirz asked if it would be satisfaotory to reduce Lot 1, <br />Block 5 of Rum Acre Estates back to the 1977 valuation of approximately <br />$450O. <br /> <br />Motion by Councilman Reimann and seconded by Councilman Cox to reduce <br />Lot 1, Block 5 of Rum Acre Estates to 1977 valuation because it is an <br />unbuildable lot due to the fact that the drainage situation has to be <br />corrected before it will be a buildable lot. <br /> <br />Motion carried. Voting yes-Mayor Gamec, Councilmen Sorteberg, Reimann, <br />Mickelson and Cox. Voting no-None. <br /> <br />Motion by Councilman Reimann and seconded by Councilman Mickelson to <br />adjourn the Board of Review. <br /> <br />.... Resp~ <br /> <br />Board of Review <br /> May 29, 1980 <br /> Page 3 <br /> <br /> <br />