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1975-05-05 Regular Meeting5, 19 OlnE LIZA CN7 MAY I CALL TO ORDER The Meeting was called to order by Deputy Presiding Officer Michael Cathey, at 7:45 P.M. in the Borough Meeting Roan, Borough Building, Kodiak, Alaska. II ROLL CALL Present Dr. Michael Cathey Mr. Marl Estes Mr. Norman Sutliff Mr. Wilton White Also Present: Mr. Ed Haney, Borough Assessor; and Borough Clerk III CASES FOR OONSIDERATICN BY THE BOARD It was noted that there were only two (2) cases to be heard by the Board. The purpose was to reivew any appeals on the 1975 valuations. CASE 75-1 Emil Norton - Lot 7, Block 1 - Miller Point 2nd addition The appellant stated in his petition that he purchashed' land in question in 1967 for the sum of $3860 and that the land was acquired through state auction. Mr. Norton felt that the 1975 assessrrent was excessive in that the increase had more than doubled. The Assessor's written reply was read into the record, pointing out the number of confirmed sales of undeveloped land in the area and further that this was a comparable piece of land. The other land in the area was selling for $9,000 an acre. Mr. Norton was present and stated that he felt the assessment was excessive, that the home owner was being penalized for developing his own land. The residents in the area had put in the road system, had to develop their own sewer and water systems and had received no help from the Borough whatsoever. Mr. Norton further stated that since 1971 his assessment has jumped some 146% and that this was not realistic. He did not feel that the property owner who had built a home should be subjected to price increases due to the speculative buyers of other pieces of land. The assessor noted that the assessed value is based on 100% true market value and that he had used confirmed sales within the area to arrive at this valuation. The question was raised as to whether or not the assessed valuation could just be raised by percentages each year until had reached a certain plateau? This was noted as being in conflict with the state regulations. CASE 75-2 Vern Berns - Lot 9, Block 5, Miller Point Alaska Subdivision Mr. Berns stated in his petition that he had purchased the land for $2,100 in 1967 at a state land auction and that the taxes had increased 315% or about 40% a year which he felt was out of line. He could see perhaps a 15 to 20 %. Mr. Berns was objecting to the assessed valuation placed on his land only and not the building. The Assessor listed confirmed sales in the area of just beyond and the low of $5,000 per acre was used in this area. Mr. Berns was in the audience and stated that Mr. Norton had pretty much stated his feelings also. When asked if he thought he could sell the lots for the amount of the assessment, Mr. Berns stated he was sure he could, but this was due to increase of prices all over and that he still felt the assessrrent was excessive. BCE - 1975 ORIGINAL MA 5, 19 5 IV ADJ JRNMENT Mr. White moved that in each of the two cases, that the value of the improvements, building, remain as assessed, that the land value be assessed at the 1974 valuation plus 6% which is the stated raise that the assessor has given as the average raisethroughout the borough, seconded by Mr. Sutliff. The question was called and the motion passed by unanimous roll call vote. The meeting was adjourned at 9:00 p.m. ATTEST: APPROVED: 22 4',?2e.st/ 0 4e.. CC 777 Norma L. Holt Ed ey, A Borough Clerk