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<br />I <br /> <br />I <br /> <br />I <br /> <br />COUNCIL PROCEEDINGS <br /> <br />CITY OF NEW BRIGHTON <br /> <br />Pursuant to notice thereof, a regular meeting of the New Brighton City Council was held Tuesday, March 28, 1995, <br />at 7:30 p.m. in the municipal building, 803 Fifth Avenue NW. <br /> <br />Present: <br /> <br />Mayor Benke, Councilmembers Gunderman, Larson, and Williams. <br /> <br />Absent: <br /> <br />Councilmember Samuelson <br /> <br />Also Present: <br /> <br />John Dean, Acting City Attorney <br />Matthew Fulton, City Manager <br />Kevin Locke, Community Development Director <br />Erny Mattila, City Planner <br /> <br />Council Agenda <br /> <br />Motion by Williams, seconded by Larson, to APPROVE THE COUNCIL <br />AGENDA. <br /> <br />4 Ayes - 0 Nayes, Motion Carried. <br /> <br />Council Minutes <br /> <br />Motion by Williams, seconded by Larson, to WAIVE THE READING AND <br />APPROVE THE MARCH 14, 1995, COUNCIL MEETING MINUTES. <br /> <br />4 Ayes - 0 Nayes, Motion Carried. <br /> <br />Commission Minutes <br /> <br />Mayor Benke, with Council consent, received the minutes of the Cable Advisory <br />Commission - January 16, 1995; and Public Policy Commission - February 22, 1995. <br /> <br />Special Order of Business <br /> <br />City Manager Matthew Fulton introduced a representative from the Ramsey County <br />Assessor's Office who will discuss the property valuation process and specifics <br />pertaining to New Brighton properties. <br /> <br />Gregory von Rothkirch, Chief Deputy Ramsey County Valuation Division, explained <br />that the Assessor's Office does not create the values, but merely follows actual trends <br />occurring in the markeplace. Property is valued on a mass appraisal basis where <br />thousands of properties are reviewed over a short period of time. This method is <br />much different than an appraisal conducted by a private assessor. The division relies <br />heavily on computers and multiple regression analysis. Basically, 28 different <br />variables of all sales which occurred in the County are analyzed for their significant <br />impact to individual property values. After this analysis, the County adjusts their <br />formula each year and applies that model to every property in the County. <br /> <br />Council A~enda <br /> <br />Council Minutes <br /> <br />Commission Minutes <br /> <br />Special Order of <br />Business <br /> <br />Property Valuation <br />Process <br />