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<br />< <br /> <br /> <br />1820 Jefferson Street <br />P.O. Box 1220 <br />Port Townsend, W A 98368 <br /> <br />James A. DeLeo <br /> <br />William S. Marlow <br /> <br />Richard A. Braders <br /> <br />MINUTES <br />OCTOBER 16, 2001 <br /> <br />Richard A. Broders <br />William S. Marlow <br />James A. DeLeo <br /> <br />Chairman <br />Vice-Chairman <br />Member <br /> <br />Chairman Richard A. Broders called the meeting to order at 9:30 a.m. in the presence of Vice-Chairman <br />William S. Marlow and Member James A. DeLeo. <br /> <br />APPROVAL OF THE MINUTES <br /> <br />Vice-Chairman Marlow moved to approve the minutes of August 13, 14, and 16, 2001 and September 13, and <br />24, 2001 as presented. Member DeLeo seconded the motion which carried by a unanimous vote. <br /> <br />ASSESSOR'S CERTIFICATE OF NEW CONSTRUCTION VALUE FOR 2001 <br /> <br />The Board reviewed the Assessor's Certificate of New Construction Value for 2001. Vice-Chairman Marlow <br />moved to accept the Assessor's Certificate of New Construction Value for 2001. Member DeLeo seconded the <br />motion which carried by a unanimous vote. <br /> <br />HEARING <br /> <br />Discovery View Associates <br />W. Scott Phinny, Property Research LTD <br />1 Mount Jefferson Terrace <br />Lake Oswego, OR 97035 <br /> <br />BOE: 01.39-C <br /> <br />PN: 948332903 <br /> <br />No representative was present on behalf of Discovery View Associates, Appraiser Robert Shold represented the <br />Assessor's office and was sworn in by Chairman Broders. The property under appeal consists of a low-income <br />housing development located at 1051 Hancock Street, Port Townsend. A letter was sent to the Board by the <br />appellant requesting that the Board sustain the current assessment, due to the fact that court cases on the general <br />issue of low-income housing valuation are still pending at the Washington Court of Appeals. Furthermore, <br />sustaining the property value will also enable the appellant to file an appeal with the Washington State Board of <br />Tax Appeals where it can be consolidated with the appeals for similar properties. Currently the property is <br />assessed at $1,315,140 ($415,960 for the land and $899,180 for the improvements). The appellant had initially <br />requested that the property assessment be reduced to $900,000. A breakdown between land and improvements <br />was not provided. <br /> <br />Phone (360)385-9100 / 1-800-831-2678 Fax (360)385-9382 jeflbocc@Co.jefferson, <br />