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July 16, 2012 Board of Equalization Minutes

Posted By Callaway County Clerk On July 16, 2012 @ 12:13 pm In Commission Minutes | Comments Disabled

Board of Equalization

Monday, July 16, 2012

1:40 p.m.

Attending:  Gary Jungermann, Presiding Commissioner; Gabe Craighead, Eastern District Commissioner; Donald Kritzer, Western District Commissioner; Les Hudson, City of Fulton; Joan Berry Morris, Dan Roe, Assessor; and Dawn Bailey.

Re:      Taxpayer’s Name:  S. Lynn Gastineau

            Parcel Number: 24-04.0-18.2-00-000-010.000

Dan Roe stated that Lynn Gastineau dropped the appeal for this property in a meeting with him.

Re:      Taxpayer’s Name:  S. Lynn Gastineau

            Parcel Number: 07-02.0-10.0-00-000-007.001

            Assessor’s Appraised and Assessed Values:    $627,020.00 / $200,640.00

Dan Roe presented information about Lynn Gastineau’s property.  There are three buildings on the property.  The largest building is finished and the other two buildings are unfinished.  Dan stated that the Assessor’s office figured corrections to the valuation on the unfinished buildings.  Two of the buildings were overvalued due to lack of information.  Dan Roe recommends that the value of the property be lowered to $480,350.  The Board discussed the difficulty marketing the property if someone wanted to sell them because of the location and the distance between the buildings.  The property is commercial. 

 The Board discussed the comparables and other information presented.  Donald Kritzer made a motion to revise the valuation of Lynn Gastineau’s property at 3968 Jade Road from $627,020 to $480,350 based upon the Assessor’s recalculation.   Motion seconded by Les Hudson.  All voted in favor.  Motion passed.

 Re:      Taxpayer’s Name:  S. Lynn Gastineau

            Parcel Number: 07-02.0-10.0-00-000-007.001

            Assessor’s Appraised and Assessed Values:    $627,020.00 / $200,640.00

            Board’s Appraised and Assessed Values:          $480,350.00 / $153,710.00


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