03/27/2009 - Laserfiche WebLink

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4. APPROVE MINUTES OF MEETING DATED NOVEMBER 24, 2008 On Motion by Vice Chairman Flescher, Seconded by Board Member Spytek, the Board unanimously approved the VAB Minutes of November 24, 2008, as written and distributed. 5. SUMMARY OF 2008 ACTIVITY A. Recap B. 2008 Year Decision Totals Report C. 2007 Year Decision Totals Report D. Decision Type Report Maria Suesz, VAB Clerk, reviewed her backup memorandum dated March 2, 2009, providing a brief explanation of the activity that occurred by the VAB during the 2008 Tax Cycle. She discussed the increase in numbers of petitions and hearings in 2008 compared to the 2007 VAB Tax Cycle. David Hancock, VAB Attorney provided a summary of the Board's responsibilities and duties in considering the Special Magistrates' recommendations. He reviewed three options: 1. To accept the Special Magistrate Recommendations 2. To reject the Special Magistrate Recommendation(s) 3. To withhold rendering a decision, and schedule another hearing, where both parties are available to hear additional testimony and evidence, before making a final decision. Attorney Hancock explained that once the decision is rendered by the Board the tax roll is certified. He added that the petitioners have a right to file an appeal to the Circuit Court any time during the VAB process. 6. ACT UPON MATTERS PENDING BEFORE THE VALUE ADJUSTMENT BOARD A. Petitions Relating to Assessments 2008-0441 — Anton Forbes — Appealing Special Magistrate's Recommendation In response to the Chairman's question, Attorney Hancock suggested that the Board not take testimony at this meeting, and recommended that another hearing be scheduled for a time certain. Upon review and discussion by the Board Members regarding the evidence and Special Magistrate's worksheet, the Board agreed with the decision made by the Special Magistrate. Value Adjustment Board March 27, 2009