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a 4 R� � � -- �--i Mr. Stango (see above) suggested there is a discrepancy in some in- stances between the assessed value of developable residential properties , and the value placed on the land of a parcel on which a house has been constructed. Mr. Ference explained that in certain cases such lots may appear similar to neighboring lots, but they have not been buildable because of water problems, etc. Mr. MacQuarrie (see above) stated that he has been aware of sonie such ' lots, but that those of concern to RSHA are lots in developments vrhere those which had homes constructed on them as of March 1 had much higher ' land values placed on them than on vacant ad�acent lots which have since been built upon. Mr. Strom said that the difference should be between one and two thousand dollars, but Mr. MacQuarrie cited examples of lots where the difference was $10-15,000 and offered his list of such properties to Mr. Strom for further investigation Mr Warren (see above) sketched on the blackboard to indicate where some value differences may lie. , Comment was made concerning previous poor experience with the quality of work performed by the representative of Marshall & Stevens assigned to the City and that �t was hoped that situation had been improved It was suggested that wh�le some small percentage of error might be � reasonable, the City is not prepared to accept another similar situation w�th the outside appraiser. Discussion follotved and Mr. Fales, Mr Ference and Mr. MacQuarrie com- mented and replied to questions concerning investigation of any alleged �ncons�stencies �n valuation. Mr. MacQuarrie provided his list of the parcels in question, and Mr. Warren offered assistance in identifying them and advising of any present plans for undeveloped parcels. CONSENSUS Mayor Barrett determined that it was the consensus of Council � that the investigation of possible assessment inconsistencies be made and the report considered by Counctl before District taxes are equalized. - Fld,7ournment MOTIqN. Director 6iagi moved, seconded by Director Norris, to continue the meeting of the Board of Equalization until 4•00 p m, Monday, August 28, 1978 in the Community Activities Building The motion carried unan�mously by voice vote The Board of Di�ectors ad,7ourned at 11 30 a.m. (NOTE• A General Meeting of the Qoard of Dtrectors of GID No. 1-64 wtll take place at 7.30 p.m , Monday, August 28, 1978 in the Board of Supervisors Chambers, 401 Marshall Street.) � '� Bd/Equal " 8/21/78