Memo- Hennepin County Assessor Informational Mtg
Hennepin County Mem
DATE: 4/0512006
TO: Mayor Gene Maxwell, Council Members: Kristi Halverson, Bruce Rowan, Jay
Thompson, and Cheryl Y ouakim
FROM: Nate Stulc, CMA - Hennepin County Appraiser
SUBJECT: Informational Meeting
The informational meeting, to be held Tuesday, April 11 th at 6:30pm, 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 - Residential Appraiser, Dan Salzwedel-
Commercial Appraiser, and Rob Winge - Principal Appraiser. A few topics we are going
to touch on are: The transition to our system of valuation, timeline of all properties
appraised, commercial trends, Hopkins residential growth numbers compared to other
municipalities, and residential sales books. Followed by any questions and/or concerns
you have for us.
We are about two weeks into the appeals process, with the Open Book Meeting on May
15t and the County Board on June 19th. We have had approximately fifty value notice
calls to date and out of those fifty we have reviewed around fifteen properties and made
the appropriate adjustments.
If you have any questions feel free to call me at 612-803-0845.