02-20-1979 Town Board MinutesState of Minnesota The Town Board of the Town of Otsego met this
County of Wright 20th day of February, 1979. Lloyd Beaudry,
Town of Otsego Chairman, Virginia Bistodeau, William Schulz,
Supervisors, Ruben Bonk, Wright County Assessor,
Betty Adkins, Asst. Clerk, Pete Merges, Otsego Township Assessor, were
present.
The meeting was called to order, the assessors, Bonk and Merges
passed out three hand-outs: 1. Wright County Average 1979 Tax Levy
In Township & Cities. 2. 1978-1979 Land Value Comparison. 3. Article
from Crow River News titled "Wright County Farmland To Have Higher
Assessed Value".
Ruben Bonk began to explain that State funds subsidize low mil-
rated towns and townships. The tax value on land is based on 50% of
rental value and 50% Market Value. The increase is caused ,by farm land
not selling for what used to be considered farm land prices. Development
and investors are increasing the value of land. 70% rental value and
30% of sales price of land give the values.oftax on farm land. Produc-
tivity still will have a large basis on which to value land.
On the residential side, houses have been taxes high because of
the sales that give the accurate value to work with. Farm land hasn't
kept up with residential property in the past and now must be evened
out. Residential taxes may come down.
Questions were answered from the audience (9) people were in at-
tendance.
t-
tendance.
Ruben left after the open discussion.
The Town Board discussed the Albertville hearing on a proposed
facility for wastewater treatment. Bill Schulz moved to hold the March
19th meeting at 7:00 p.m. (put notice in the paper noting change of time)
then go to hearing in Albertville following the township meeting.
Discussed the new CETA employee the township will be getting. Asked
Betty Adkins to check with County as to when the position will be ad-
vertised.
Questioned the state revenue survey that must be done by April 1st.
Lloyd Beaudry made a motion to invest in Errors and Omission Insur-
ance for the Town Board Members. Virginia Bistodeau seconded, passed
unanimously.
The J.C.s organization asked to use the Township Hall for another
meeting on Wednesday, March 21st. Town Board Approved.
Bill Schulz requested a quarterly bill from the township's attorney.
Virginia Bistodeau seconded, passed unanimously.
Motion to adjourn.
Attest: