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The Chairman CALLED THE QUESTION, and the <br /> motion passed, 4-0, (School District Member Ms. <br /> Reuter recused). The Board denied Wendy Young's <br /> request for a second hearing, and advised her that she <br /> has the right to appeal to the 19th Judicial Circuit Court. <br /> 2. APPROVAL OF VALUE ADJUSTMENT BOARD MINUTES MEETING OF <br /> JULY 28, 2005 <br /> ON MOTION by Commissioner Lowther, <br /> SECONDED by Vice Chairman Wheeler, by a 4-1 <br /> vote, the Board approved the minutes of the Value <br /> Adjustment Board held July 28, 2005. <br /> 3. APPROVAL OF SPECIAL MAGISTRATES' RECOMMENDATIONS OF 2005 <br /> VALUE ADJUSTMENT BOARD HEARINGS <br /> MOTION WAS MADE by Commissioner Lowther, <br /> SECONDED by Vice Chairman Wheeler, to approve <br /> the Special Magistrates' recommendations. <br /> Mr. Nolte pointed out that the Special Magistrate, reasons unknown to him, reduced the value of <br /> two petitions, V-421 and V-422 (CVS properties) granting the petitioner relief. One property, <br /> sold in April 2004 for$3,200,000. The Special Magistrate reduced the value to $2,100,000, 55% <br /> of the purchase price. <br /> Attorney DeBraal clarified Mr. John Robinson, MAI, was the name of the Special Magistrate <br /> that Mr. Nolte was referring to. <br /> Chairman Davis asked Mr. Nolte what his recommendation was to the Board. <br /> Attorney Debraal asked the Chairman if they are rehearing these petitions because that is what it <br /> sounded like to him. <br /> Mr. Nolte continued stating the other property sold for $4,700,000 and the Special Magistrate <br /> reduced the value to $3,400,000. He recommended the Board overturn the recommendation of <br /> the Special Magistrate for petitions V-421 and V-422, because in his opinion the Special <br /> Magistrate was not in keeping with good appraisal practice. <br /> Discussion continued and Vice Chairman Wheeler sought further clarification. The Board <br /> learned from Mr. Nolte that it was his observation that the Special Magistrate broke all the rules <br /> of being a certified appraiser. The petitioner's representative did not say what value she wanted, <br /> so the Special Magistrate had to do his own appraisal and he did not visit the property or do a full <br /> appraisal report to come up with a value, which is a total violation of appraisal ethics. Mr. Nolte <br /> said he was considering turning the Special Magistrate in to the State to try to get his license <br /> revoked, or the MAI Association because he felt what the Special Magistrate did was totally <br /> Value Adjustment Board - 3 - <br /> Meeting of 03082006 <br />