Please stand alsisible with liberty and justice for all. Well, good evening and thank you for being here this evening for um this special meeting. At this time, I am looking for a motion to adopt the agenda. Moved by second by Berk. Any further discussion or questions? Hearing none. All in favor, please signify by saying I. I oppose. Same sign. Motion carries five to zero. At this time, I'm going to turn it over to staff from the county um to talk about our board of appeal and equalization and then we'll have the public hearing after that. Good evening, mayor and council members. I am uh I'm Jason Vite. Uh I am the Henipin County residential appraiser. Also with us is David Thompson. He is the commercial appraiser. Uh so for the 2025 assessment taxes payable 2026, our sales study period is from October 2023 through September of 2024. We had 21 single family home sales. And last year we did 113 quintile reviews of which 31 were either interial interior or verbal reviews. And there were also 19 new construction reviews, which not necessarily new houses, but for decks, basement finish, things like that. Um, based on our sales analysis and our market pit study, property values saw the following increases and decreases. Uh, for residential, uh, increased by 1.4%. The duplex triplex was decreasing negative -1.9 uh% and the apartment they were decreasing -2.2%. The commercial they remain flat no increase or decrease and the industrial they were increasing by6%. Uh the notices were mailed out I believe February 28th and uh from that time I received a total of five calls. Three which were homestead questions and two were taken care of over the phone explaining the process and certain values that showed up on their notice. Um as far as that that's all I have. Um, um, I guess, yeah, the only thing that I would add is I have I didn't receive any calls on the for any commercial or industrial properties. Um, it's been very quiet. Might have to do with the fact that, you know, we held values relatively flat across the board. Um, just didn't see a lot of movement in anything. Um, so there really wasn't a reason for us to increase anything. Thank you. Um, any questions from councel or staff? Council member Duca. Jason, a residential question. I understand the the sales period that you looked at and in your packet. There were a number of nice analysis in a number of those that were in the packet. the the sale price during that period was in many cases significantly more than the assigned 2025 estimated value. If those were all armlength transactions intuitively it would seem to me that there would be a closer parallel to that. Can you explain why that isn't the case? We do. So, for me, I do call on all the sales that happened to try and get a the story of why it sold for what it did. Um, and I try to call both the buyers and sellers. Um, because it's hard to what was done with the property. It's hard to ask the buyers because they were they're just walking into it. Um, so I try to get a better picture with that. Um sometimes, yeah, we are we're going to be super low. I I noticed there are a couple sales that happened moving forward already in this study period where I called on it and sold for way way more than what we have on it. So, I know we will be looking at you just can't bump a house or an area up off of one sale. we try to get, you know, a few sales. Um, so I guess as far as that's going, I think Maple Plane, there's, like I said, there are a couple sales that have happened already this year where well above the price that we had, so I haven't gotten an answer back yet. I did leave messages, so just kind of waiting to see what what the what the story is behind the purchase price. Thank you. Any other questions? Okay. At this time, I am looking for a motion to open the public hearing. I'll make that motion. Motion by council member Duca. I'll second it. Second by council member Oops, sorry. Motion by council member Francis. Second by council member Duca. All in favor of opening the public hearing, please signify by saying I. I. I. All right. The public hearing is open at 7:07. Anyone to speak for the public hearing? Seeing no one in the audience. Anyone to speak for the public hearing? Anyone to speak for the public hearing? At this time, I am looking for a motion to close the public hearing. I move we close the public hearing. Moved by council member Duca. Second. Second by council member Francis. All in favor of closing the public hearing. Please signify by saying I. I. Oppose. Same sign. Eyes have it. 5 to zero. The public hearing is closed at 7:08 p.m. At this time, if there's no other business come before us from the county, David or Josh. Okay. Anything from staff? Anything from any council members? All right, looking for a motion to adjurnn. I'll make that motion. Motion by second byio. All in favor of adjourning, please signify by saying I. I. I. O. Same sign. Eyes have it five to zero. The meeting is adjourned at 708.