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02/04/1994 Final Meeting MINUTES MONROE COUNTY VALUE ADJUSTMENT BOARD CONTINUATION OF FINAL HEARING Friday, February 4, 1994 Courtroom D, 500 Whitehead St. Key West, Florida The continuation of the final hearing of the 1993 Monroe County Value Adjustment Board convened at 9:00 a.m.on February 4, 1994, in Courtroom D, 500 Whitehead St.,Key West, Florida. Present and answering to roll call were Commissioners Shirley Freeman, Andy Griffiths, and Chairman Mary Kay Reich. Also present were Danny Kolhage, Clerk; Ruth Ann Jantzen, Deputy Clerk; Ervin Higgs, Property Appraiser; John Dent, Attorney;Jim Flenner, Special Master; Rob Wolf, Assistant County Attorney,and county staff. Motion was made by Chairman Reich, seconded by Commissioner Freeman, to approve the Minutes of the January 12, 1994 Meeting of the Value Adjustment Board. Motion carried unanimously. Motion was made by Commissioner Freeman, seconded by Commissioner Griffiths, to approve the Special Master's Recommendations of Real Property Petitions Report with the exception of Petition No. 020-1993. Motion carried unanimously. Commissioner Cheal entered the Meeting and took his seat. The Board proceeded to hear Petition No. 020-1993. The following individuals addressed the Board. Petitioner, Henry Morgenstern; Erol Vural,attorney, representing Mr. Morgenstern; Ted Strader, Key West City Planner; Jim Flenner, Special Master; Fred Skomp, Real Estate Broker. After discussion, motion was made by Commissioner Freeman, seconded by Commissioner Cheal to lower the assessment on Petition No. 020- 1993 to $80,000.00. Roll Call was taken with the following results. Commissioner Cheal - Yes Commissioner Freeman - Yes Commissioner Griffiths - Yes Chairman Reich - Yes Motion carried unanimously. Motion was made by Chairman Reich, seconded by Commissioner Freeman, to approve the Real Property Assessment Roll for the Year 1993, incorporating all changes due to action of the Value Adjustment Board, in the amount of$6,131,276,653.00,and the Tangible Personal Property Assessment Roll in the amount of$316,905,985.00. (Copies attached). Continuation of Final Hearing Minutes Page 2 There being no further business before the Board, the meeting was adjourned. Danny L. Kolhage Clerk to the Value Adjustment Board By: ���� Ruth An Jant , Dep ty Clerk • OR-488 I !h R.03/92 1 ' CERTIFICATE OF VALUE ADJUSTMENT,BOARD i Pursuant to Section 193.122, Florida Statutes ,4 Monroe • County, Florida ,.19,ll 3' Tax Roll 1 t : ' We, the undersigned, as and constituting the Value Adjustment Board of the above named county, do certify that after approval of the following described assessment roll by the Department of Revenue, all hearings required by s. 194.032, Florida Statutes have been held and that said Value Adjustment Board is satisfied that the (Check One) Q Real Property ❑ Tangible Personal Property in the above named county includable on such assessment roll meets all requirements imposed by the statutes of the State of Florida and the requirements and regulations imposed by the Depart- ment of Revenue. We further certify that it is ordered that upon completion of this certificate and the attachment of the same to the described assessment roll as a part thereof, that the said assessment roll be delivered to the Property Appraiser of this county, on the day that this certificate is dated, who shall adjust the said assessment roll in accordance with the decision of the Value Adjustment Board and make all required extensions on the roll to show the tax attributable to all taxable property contained therein pursuant to law. The following figures are true and correct to the best of our knowledge and belief: 1. Taxable value of ( X ) Real ( ) Tangible Personal Property Assessment Roll as submitted by Property Appraiser to the Value Adjustment Board $ 6,140,029,454 2. Net change in taxable value due to actions of the Board $ 8,752,801 3. Taxable value of ( X ) Real ( ) Tangible Personal Property Assessment Roll incorporating all changes due 6,131,276,653 to action of the Value Adjustment Board $ In witness whereof we have subscribed this certificate and caused the same to be attached to and made a part of the above described assessment roll and a copy thereof spread upon the minutes of this the 4t h day of February , 19 27/a4y -'6-:€/1 //,--e—Zil (SEAL) , -----.) I\--i—,.--Lt' •-• .-----file- wt CL. (SEAL) )-- ciZa,,(2 �. S (SEAL) a `'` ) „ A (SEAL) I' ,'",**,1':- (SEl )1r L I I. �l as and constituting then AT.ti i t .! t k f , Value Adjustnitent Board 1::: 4 7 I "r -4:; ` xrW I' I . ; 4 1 y�, '"tl. Spy i i g .•`'J N I, I'1 1 • I 1 COPY 1 - TO PROPERTY APPRAISER, COPY 2 - TO DOR, COPY 3 - RETAIL ED BY VALUE ADJUSTMENT I;ARD NI 4 t 1�' 1. , DR-488 R.03/911 2 y CERTIFICATE OF VALUE ADJUSTMENT BOARD Pursuant to Section 193.122, Florida tatutes l . ' {1 t{tj;'• { iWt'• ' P t t t{ , II�'� ,c Monroe County, Florida 4 1 I{ !''T / k ., =r r,:, Y , I We, the undersigned, as and constituting the Value Adjustment Board,of the above names' county, do e-tify that after approval of the following described assessment roll by the Department of Revenue, all hearings r-quired by s. 194.032, Florida Statutes have been held and that said Value Adjustment Board is satisfied that the (Check One) 0 Real Property ® Tangible Personal Property 1 in the above named county includable on such assessment roll meets all requirements imposed by the statutes of the State of Florida and the requirements and regulations imposed by the Depart- ment of Revenue. We further certify that it is ordered that upon completion of this certificate and the attachment of the same to the described assessment roll as a part thereof, that the said assessment roll be delivered to the Property Appraiser of this county, on the day that this certificate is dated, who shall adjust the said assessment roll in accordance with the decision of the Value Adjustment Board and make all required extensions on the roll to show the tax attributable to all taxable property contained therein pursuant to law. The following figures are true and correct to the best of our knowledge and belief: 1. Taxable value of, ( ) Real ( X ) Tangible Personal Property Assessment Roll as submitted by Property Appraiser to the Value Adjustment Board $ 318,280,985 2. Net change in taxable value due to actions of the Board $ 1,375,000 3. -Taxable value of ( ) Real ( X ) Tangible Personal Property Assessment Roll incorporating all changes due to action of the Value Adjustment Board $ 316,905,985 i In witness whereof we have subscribed this certificate and caused the same to be attached to and made a part of the4above described assessment_roll and a copy thereof sprea pon the reonla minutes of this the day off 19 ) ., ' �� (SEAL)(J '24- -' \ , (SEAL) .�1. - (SEAL) 6H5144 (SEAL) i t Plq,i 1i ., Ili k 9 ? r r � (SE kL) i as and con g the'; 3 it f Value Adjus" ent Board * :i }I 1 COPY 1 - TO PROPERTY APPRAISER, COPY 2 - TO DOR, COPY 3 - RET, NED BY VALUE AD USTMENT ARD 1 L , . a. f } sr c .E TAX IMPACT OF PROPERTY APPRAISAL ADJUSTMENT BOARD MEMBERS OF THE BOARD Earl Cheal Shirley Freeman Honorable Honorable Board of County Commissioners— District No. 4 Board of County Commissioners— District No..1 Honorable Mary Kay Reich Honorable Frank Butler Board of County Commissioners— District No. School Board — District No. 1 Honorable Andy Griffiths School Board— District No. 7 The Property Appraisal Adjustment Board meets each year to review complaints regarding property tax assessment and exemptions. The purpose of the board is to enhance fairness in property taxes by correcting errors when they are found to exist. THE FOLLOWING TABLE SUMMARIZES THIS YEAR'S ACTION BY THE BOARD Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Type Number of Total Number of Total Number Reduction Loss in of Exemption Number of Assessments of Requests in Taxable Tax • Property Requests Exemption Reduced by for Value Due Dollars* Granted by Requests the Board Assessment to Board the Board Reductions Action Residential 3 5 4 25 339,766 5,154.11 Commercial 0 0 14 53 6,3771,926 106,626.18 Industrial and Miscellane- 0 0 1 2 453,460 6,596.44 ous Agricul. 0 0 0 0 0 0 tural Business Machinery 0 0 0 17 0 0 and Equipment vacant Lots 0 0 6 54 2,956,649 48,031.85 and Acreage TOTALS 3 5 24 151 10,127,801 166E,408.58 ALL TAXPAYERS SHOULD BE AWARE THAT BOARD ACTIONS WHICH REIDUCE TAXABLE VALUE CAUSE TAX RATES APPLICABLE TO ALL PROPERTY TO BE PROPORTIONALLY HIGHER Questions concerning the actions taken by this Board may be addressed to the chair- person or clerk at the` �ollt wing telep one numbers: CHAIRPERSON the` /4-('4 ,�?9?�.''ii~7? (,Phone) CLERK ' , <iio$)2P2 —3.S SJIP ..... 7 .--"- .i/ (Name) - '� (Phone) ( hone) '+r