HomeMy WebLinkAboutLBAE Resolution No. 2026-01
Local Board of Appeals and Equalization Resolution No. 2026-01
Approving the Equalization of Assessed Valuations of Real and Personal Property as
Recommended by the Local Board of Appeal and Equalization for 2026
Whereas, the Local Board of Appeal and Equalization (LBAE) convened and conducted a public
hearing on April 27, 2026 to consider appeals to the classification and/or estimated market value
(EMV) assessment of properties located within the City of Fridley (City); and
Whereas, the EMV is an overview of the 2026 assessments and informs the LBAE of the
compliance with State laws and regulations pertaining to the 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 LBAE meeting on April 27, 2026, to appeal
the classification and/or EMV assessment of their properties within the City; and
Whereas, following the completion of its hearings, the LBAE fixed and approved the assessed
EMV to each property listed in Exhibit A and submitted the same to the City Clerk; and
Whereas, the LBAE was unable to reach consensus regarding the appeal of properties 9-13 on
Exhibit A, preserving the right of the appellants to appeal to the Board of Appeal and Equalization
for Anoka County; and
Now, therefore be it resolved, that the Local Board of Appeal and Equalization of the City of
Fridley hereby accepts and approves the 2026 report of the City Assessor; and
Be it further resolved, 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 properties 9-13 on Exhibit A, preserving the rights of those appellants listed therein to
proceed to the Board of Appeal and Equalization for Anoka County.
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Passed and adopted by the City Council of the City of Fridley this 27 day of April, 2026.
_______________________________________
Dave Ostwald – Mayor
Attest:
Melissa Moore – City Clerk
Exhibit A
Estimated Market Value (EMV) Changes/ County Board of Appeal and Equalization
Acknowledgements
Parcel
Property Property Identification Original Adjusted
No. Owner(s) Name Address Number 2026 EMV 2026 EMV
1
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Kevin D. Fay 6034 4 St. NE 23-30-24-21-0103 $254,000 $201,200
2
Gary M. Olsen 41 Osborne Way 10-30-24-14-0024 $140,500 $140,500
3 River Road Court 6551 East River
LLC/Brad Moore Road 15-30-24-13-0066 $1,372,100 $1,100,000
4 Global Health Link 26-30-24-23-0079 $708,800 $682,500
rd
5035 3 Street
5 Marilyn Roelofs 10-30-24-13-0042 $726,400 $685,200
150 Talmage Way
6 Mavis Burns 15-30-24-13-0025 $310,600 $299,900
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71 66 Way
7 Andrew Breffle 13-30-24-32-0060 $276,200 $262,600
6401 Taylor
8 Stanford L. Phillips 26-30-24-22-0102 $342,200 $342,200
5139 Horizon DR.
9 Melissa Ringstad 165 Stonybrook 03-30-24-43-0039 $375,600 $375,600
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10 Chris Paidosh 5472 7 Street 23-30-24-34-0106 $243,500 $243,500
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11 Chris Paidosh 5474 7 Street 23-30-24-34-0110 $243,500 $243,500
12 Tim Levens 5960 Main Street 22-30-24-11-0018 $5,252,300 $5,252,300
13 Royalty Health 941 Hillwind 24-30-24-32-0133 $2,864,200 $2,864,200
Care
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