Memo- Annual Assessor UpdateDATE: 4/17/08
Hennepin County Memo
TO: Mayor Gene Maxwell, Council Members: Kristi Halverson, Bruce Rowan, Rick
Brausen, and Cheryl Youakim
FROM: Michael Smerdon, CMA - Hennepin County Appraiser
SUBJECT: Informational Meeting
The informational meeting, to be held Tuesday, April 22 is meant to give the Mayor
and Council Members a brief overview of what the Assessors Office is seeing in their
cities' real estate market and what has been done with valuations in the city. It also gives
the Mayor and Council Members a chance to ask any questions they might have.
In attendance at the meeting will be: Nate Stulc, Mike Smerdon — Residential Appraisers,
and Earl Zent — Commercial Appraiser. A few topics we are going to touch on are: A
timeline of all properties appraised, commercial trends, Hopkins residential growth
numbers compared to other municipalities, residential sales books, and update on how the
appeals process is going. This will be followed by any questions and/or concerns you
have for us.
The Hopkins Open Book Meeting is on May 6 and the Hennepin County Board is on
June 17
If you have any questions feel free to call me at 612- 802 -8761.