BOE Min 1982-08-09 - Laserfiche WebLink

Browse Search

., ./ . I / - ) 1/' ~-~- ""OR oM. _. STANGEL ~ Redwood Gihl ØIIIlDI'IIII II' 11....111 ~ as BOARD OF EQUALIZATION BOARD OF SUPERVISORS CHAMBERS 401 MARSHALL STREET August 9, 1982 neE MATOR """"'T'" c. BRITSCHGI MINUTES CITY COUNCIL COU'<CILI£N MARIO BIAGI RœERT H. ",-"Y RIO<ARC S. CLAIRE "'ISCIu-A M. ..,5t£R 8IU- "'""""S Adjourned Meeting of Board of Equalization The Council of the City of Redwood City met on this date at 7:30 p.m. in an adjourned meeting from July 19, 1982 as the Board of Directors of General Improvement District No. 1-64 with Chairman Stangel presiding. Directors present: Biagi, Bury, Claire, Rhodes and Chairman Stangel Directors absent: Vice Chairman Britschgi and Director Mosher Officials and staff present: District/City Manager Smith, District/ City Attorney Schricker, Acting District Assessor Becker, City Clerk Hildebrand and representatives of American Appraisal Associates, Inc. Approval of Minutes M/S: Bury/Biagi to approve the Board of Equalization Minutes of July 19, 1982 as submitted. The motion carried unanimously with Chairman Stangel abstaining. PUBLIC HEARING Chairman Stangel obsel"Ved that the public hearing was continued open from July 19, 1982 pending receipt of requested information from the appraiser. Report of the City Manager and Acting Director of Finance of August 2 and the Appraisal Report of American Appraisal Company of August 4, 1982 were entered into the record. Acting Director of Finance Becker presented overhead projections illustra ting the increase in colIIDercial development in Redwood Shores, but noted that residential development remains the largest percentage of the Roll. Ro~er Torkelson, American Appraisal Company, used overhead projections showing portions of GID No. 1-64 and colIIDented on values assigned to commercial, residential and raw land. Councilman Biagi noted for the record that the Assessment Roll refers to the state of property as it exists on March 1 and that any improvements or development since that date is reflected in the Roll for the following year. Gre~~ Doran, 510 Marlin Drive, former President of Redwood Shores Homeowners Association, stated that he had not received a copy of the Assessment Roll but has spent time with the Appraiser and is generally satisfied. Bruce Albin, 569 Compass Circle, said he has not received a report he requested and suggested that cash value should be considered rather than fair market value, since sales may involve unusual financing. Bd. Equal. 8/9/82 "