LBAE Resolution No. 2020-01
RESOLUTION 2020-01
A RESOLUTION APPROVING THE EQUALIZATION OF ASSESSED VALUATIONS OF
REAL AND PERSONAL PROPERTY AS RECOMMENDED BY THE LOCAL BOARD OF
APPEAL AND EQUALIZATION FOR 2020
WHEREAS, the Local Board of Appeal and Equalization (Board) was convened and conducted a hearing
on May 11, 2020 to consider appeals to the classification and/or estimated market value (EMV) assessment
of properties within the City of Fridley (City); and
WHEREAS, the EMV is an overview of the 2020 assessments and informs the Board of the City’s
compliance with Minnesota statute pertaining to the conduct of reappraisal and analysis of market
conditions; and
WHEREAS, the property owners listed in Exhibit A either resolved their respective appeal regarding their
property with the City Assessor or attended the Board meeting on May 11, 2020 to appeal the classification
and/or market value assessment of their properties within the City; and
WHEREAS, following the completion of its hearings, the Board fixed and approved the assessed EMV to
each property listed in Exhibit A and submitted the same to the City Clerk; and
WHEREAS, the Board was unable to reach consensus regarding those appeals listed in Exhibit B,
preserving the right of those appellants to appeal to the Board of Appeal and Equalization for Anoka
County.
NOW THEREFORE, BE IT RESOLVED, that the Local Board of Appeal and Equalization hereby accepts
and approves the 2020 report of the City Assessor; and
BE IT FURTHER RESOLVED, that that the Local Board of Appeal and Equalization hereby approves the
adjustments in estimated market value outlined in Exhibit A; and
BE IT FURTHER RESOLVED, that the Local Board of Appeal and Equalization hereby acknowledges
and affirms those properties outlined in Exhibit B, preserving the rights of those appellants listed therein to
proceed to the Local Board of Appeal and Equalization for Anoka County.
th
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 11 DAY OF
MAY, 2020.
_________________________________
SCOTT J. LUND – MAYOR
ATTEST:
_________________________________
DANIEL TIENTER – CITY CLERK
Exhibit A
No. Property Owner Name Address PIN 2020 EMV Adjusted 2020
EMV
1 Joshua Hultgren 1601 Innsbruck Drive #378 24-30-24-41-0509 $75,500 $70,500
2 Rex Kersey 6320 Madison 14-30-24-42-0074 $206,600 $194,500
3 Cynthia Sjodin 6330 Madison 14-30-24-42-0073 $218,000 $194,500
4 Rebecca Weaver-Lang 5965 Oakwood Manor NE. 24 -30-24-11-0093 $459,300 $418,000
5 C08 Fridley MN LLC 6499 University Avenue NE. 14-30-24-31-0101 $5,130,000 $4,815,000
6
7
8
Exhibit B
No. Property Owner Name Address PIN
1 Slone LLC 33493 Rhinestone Street NW. Princeton, 14-30-24-23-0076
MN 55371
2 Gene Averbakh 7362 University Avenue NE, Fridley, MN 11-30-24-23-0006
3 Gene Averbakh 7362 University Avenue NE, Fridley, MN 11-30-24-23-0007
4 Gene Averbakh 7362 University Avenue NE, Fridley, MN 11-30-24-23-0008