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<br />JEFFERSON COUNTY BOARD OF EQUALIZATIDN <br /> <br />A.C. Dalgleish <br />David G. Douglas <br />Archie Barber, Jr.k1e, <br />James A. DeLeo <br /> <br />Chainnan <br />Vice-Chainnan <br />Member <br />Alternate <br /> <br />MINUTES <br /> <br />August 15, 1985 <br /> <br />The meeting was called to order by Chairman Dalgleish. Member David Douglas was <br />detained. ~lember Archie Barber and Clerk Connie Barlow were present. rlinutes will <br />be approved at a later date. Jack Westerman III represented the Assessor's Office <br />and Fred Mercer represented the State Department of Revenue. <br /> <br />BE-85-64-LO: William J. Benedetto petitioned for a reduction of land values on <br />this parcel from $55,000 to $25,000. The parcel consists of Lots 2,4,6,8, Block 15 <br />fronting of Water Street and Lot 7, Block 15 on the water plus one half of vacated <br />Benton Street; all just east of the Bayview Restrant. There are 256y, feet of water <br />frontage; however, portions of lots 7,2, and 4 and the south end of vacated Benton <br />Street are un-useable beach and bank. At issue was the determination of useable <br />area in the parcel on the adjustment of depth allowance. The evaluation was based <br />on 256y, front feet and $76,500 value; however the valuation was retained at the 1981 <br />level do to loss of usable area. <br /> <br />BE-85-110-C: Action ,bf the Board was terminated on the basis of a request to with- <br />draw the petition made by Marvin Poer in behalf of Sea Galley. <br /> <br />BE-85-99-C: Jeff Pederson petitioned for a reduction in valuation from $830,000 <br />to $750,000 on a parcel of land at Sims Way and Water Street- Port Townsend Mall,-- <br />Variation of valuation between cost approach, market approach and income approach. <br />($976,100~- $839,000 - $826,000) <br /> <br />The State Department of Revenue representati ve and ~1r. Pederson asked for a recess <br />of Board to permit time for recalculation of valuation. After the Board reconvened, <br />Mr. Fred Mercer stated that he would prepare and mail a recommendation for adjustment <br />of the valuation. <br /> <br />BE 85-76-C: Frank W. Garred petitioned for a reduction of valuation from $157,000 <br />to-$117,741. At issue was a revaluation which reflects the true condition of the <br />building and consideration of the apartment rentals on units on an upper floor. <br />Department of Revenue representative Fred Mercer refered to his letter of 13 August <br />1985 recommending and adjustment of $99,000 for building and $21,000 for land for <br />a total of $120,000. Petitioner would accept this recommendation subject to approval <br />of the Board of Equalization. <br /> <br />BE-85-95-C: James P: Mc Carronp,etitiorred,forreductions in valuation of the clinic <br />at 1136 Water Street from $683,000 to $490,000. Petitioner submitted comparables <br />in June 1983 and two comparables in 1985. Five physicians own the building in <br />partnership and are using space rental as basis for determining cash share of main~", <br />tainance, operations and financing costs. State Department of Revenue representative <br />Fred Mercer and Dr. Mc Carron entered into review of valuation processes. The State <br />will mail a recommendation to the Board. <br /> <br />~" <br />