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04/11/2022 LBAE Minutes LOCAL BOARD OF APPEAL AND EQUALIZATION MEETING April 11, 2022 7:00 PM Fridley Civic Campus, 7071 University Avenue N.E. MINUTES CALL TO ORDER Mayor Lund called the Local Board of Appeal and Equalization Meeting of April 11, 2022, to order at 7:00 p.m. PRESENT Mayor Scott Lund Councilmember Dave Ostwald Councilmember Tom Tillberry Councilmember Stephen Eggert Councilmember Ann Bolkcom Walter Wysopal, City Manager Patrick Maghrak, City Assessor Theodore Anderson, Anoka County Assessment Support Manager REGULAR AGENDA ITEMS NEW BUSINESS 1. LBAE Resolution No. 2022-01, Approving the Equalization of Assessed Valuations of Real and Personal Property in the City of Fridley Patrick Maghrak, City Assessor, stated that the purpose of the Board to establish an appeal process for the valuation completed January 2, 2022 for taxes payable in 2023. He reviewed the courses of action and responsibilities of the Board along with appeal procedures. He provided a summary of the 2022 assessment for residential homes, commercial and industrial, and apartments. He also provided details on the current study period. He invited members of the public to come forward with any comments. John Krack, 7629 Lakeside Road, commented in the high percentage of increase to the values for homes in his neighborhood and the related decrease to the homestead credit. Mr. Maghrak recognized that the benefit scale for homestead credits has not been recalibrated for the past ten years and urged residents and the Council to reach out to its legislative representatives on that topic. th Mr. Maghrak advised that Marilyn Hodgeman of 70 70 Way NE and Veronica Finch of 531 Rice Creek Boulevard did not want to attend the meeting tonight but wanted to reserve their right to appeal to the County. Local Board of Appeals & Equalization 4/11/2022 Minutes Page 2 Anna Botilla, 6434 Riverview Terrace Northeast, spoke about the increase to property values in reaction to the market. Mr. Maghrak confirmed the valuation follows the market. There were no additional comments from the public. Mr. Maghrak provided updated exhibits. Motion made by Councilmember Bolkcom to enter into the record 2022 Exhibit A and Exhibit B. Seconded by Commissioner Tillberry. UPON A VOICE VOTE, ALL VOTING AYE, MAYOR LUND DECLARED THE MOTION CARRIED UNANIMOUSLY. Motion made by Councilmember Ostwald to adopt Resolution LBAE No. 2022-01 Approving the Equalization of Assessed Valuations of Real and Personal Property in the City of Fridley. Seconded by Commissioner Eggert. UPON A VOICE VOTE, ALL VOTING AYE, MAYOR LUND DECLARED THE MOTION CARRIED UNANIMOUSLY. ADJOURN Motion made by Councilmember Eggert to adjourn the Local Board of Appeal and Equalization meeting. Seconded by Councilmember Ostwald. UPON A VOICE VOTE, ALL VOTING AYE, MAYOR LUND DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING ADJOURNED AT 7:25 P.M. Respectfully Submitted, Melissa Moore Scott J. Lund City Clerk Mayor