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<br />. <br /> <br />. <br /> <br />. <br /> <br />be included as Mr. Al Phillips has contacted the City regarding his concern <br />with commercial property taxes. <br /> <br />CDunci1manber CDx stated that any CDunci1 action should include the following: <br />Prestress, Kovar, Superbow1, Grosslein, leTourneau's, Altron and Ernie <br />Peterson's former Mobil complex. <br /> <br />Mr. Wirz stated that another method for determining property valuation is by <br />the amount of income derived fran that property. <br /> <br />CDunci1menber CDx irquired as to why that method hasn't been used for Kovar, <br />Prestress and Dickenson. <br /> <br />Mr. starkey stated that a vacant business does not necessarily mean it is not <br />producing income and noted that there are businesses in all communi ties that <br />are Closing. <br /> <br />CDuncilmanber CDx agreed with Mr. Starkey and stated that the reason the <br />businesses are closing is because of tax laws and people like Mr. Starkey <br />(government employee) getting salary raises. <br /> <br />CDuncilmenber Schlueter stated that previous attempts to address this issue <br />have been shot down1 it is an important issue and this CDuncil should at least <br />try again and maybe it could be attacked fran the aspect of fire protection. <br /> <br />Motion by CDuncilmember CDx to reduce, by 10%, the property valuations on the <br />following: Prestress, Kovar, Superbowl, Grosslein, leTourneau's and Altron. <br /> <br />Further Discussion: Mr. Grosslein irquired if the motion would include N&N <br />Auto Body. CDuncilmember CDx stated that the motion would not include N&N as <br />they have not approached the CDunci1 with their concerns. Mr. Wirz stated <br />that Altron recently received a reduction in property valuation based on their <br />proximity to the landfill. CDuncilmanber CDx agreed that Altron should be <br />deleted fran the motion. <br /> <br />CDuncilmanber CDx restated his motion as follows: <br /> <br />Motion by CDuncilmanber CDx and seconded by CDuncilmember Reimann to reduce <br />the 1985 market valuation for the following commercial properties by 10%: <br />Prestress, Kovar, Superbowl, Grosslein, LeTourneau's and Ernie Peterson's <br />complex. <br /> <br />Further Discussion: Mr. starkey stated that if the total market valuation <br />reduction in this motion exceeds 1% of the City's total market value, the <br />recommended action will go nowhere. CDuncil delayed voting on the motion and <br />went into recess in order to allow Mr. Wirz time to determine whether or not <br />CDuncil's action would exceed 1% of the City's total market value. <br /> <br />CDuncil recessed at 9: 40 p.m. <br /> <br />Mayor Heitman called the Board of Review back to order at 10:00 p.m. <br /> <br />CDunci1manber CDx restated his motion as follows: <br />May 13, 1985 <br /> <br />Page 7 of 9 <br />