BOOK 21_1946-09-23 to 1948-08-09

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Xr 26.6 . �,. asseasmerit against home next to hers. Mr. Cleminshaw agreed to recheck this property. Mr. F. A. Poirier, 910 Edgewood Road, protested assessment on his home. Mr. Cleminshaw was to recheck this property. Mrs. A. Pepi, 22 King Street, did not protest the assessment but asked why the value of her property should increase instead of decreasing. Mr. Cleminshaw explained to her the method used in rhe revaluation program. Mrs. Lydia Hagmeier, 12 King Street, protested assessment on her property. Mr. Cleminshaw agreed to recheck this property. Mr. W. L. Meussdorffer, 2+60 E1 Camino Real, protested against assessment on his property compared with•that on the Currie Manufacturing Company. City Attorney Currie suggested that the appraisers recheck the Manufacturing Company property to satisfy Mr. Meussdorffer. A RECESS was declared at this time and when -the meeting was reconvened the matter of the Remington Rand assessment was discussed. Mr. Radil of the law firm of Knight, Boland and Riordan, appeared and requested that testimony be taken under oath. It was decided, however, that at this time the matter would be discussed informally. City Assessor Brophy reported that the figure of $30,000 on Remington Rand equipment rented to the National Motor Bearing Company was correct. He recommended that there be allowed a 10% depreciation on this figure and then take 60% of that figure for the purpose of taxation. There was considerable discussion by Mr. Radill and Mr. Brophy as to the method used to determine -the percentage of depreciation. Mr. Radill offered'a compromise of 20% depreciation instead of the 30% requested by his client. 'Mr. Brophy was willing to'concede 15%. The Council; however, did not feel that any concession should be granted and Councilman Granger moved, seconded by Councilman Holmquist, that the'assessment of Remington Rand of $30,000 be reduced by taking their original cost as set forth in the affidavit as presented by them and allowing a 10% depreciation and then 60% of that figure. Motion passed unani- mously. COUNCILMAN HOLMQUIST MOVED, seconded by Councilman Britschgi, that the meeting be adjourned until 10:30 A. M., Friday, August 22, 1947. Motion passed unanimously. LPH 8. DPIDGE Clerk of the City of Redwood City, MINUTES OF ADJOURNED MEETING BOARD OF EQUALIZATION AUGUST 22, 1947 10:30 A. M. COUNCILMAN H. E. HOLMQUIST and Mayor W. W. Hilton were present. In the absence of a quorum, the Mayor adjourned the meeting until 10:00 A. M., Monday, August 25, 1947, I RALPH S.ODODGE Clerk of the City of Redwood City, 4 9