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Ryan vs. City of Dubuque Board of Review 2020 Property Tax Appeal Copyrig hted March 1, 2021 City of Dubuque Consent Items # 10. City Council Meeting ITEM TITLE: Ryanvs. Cityof Dubuque Board of Review2020 PropertyTaxAppeal SUM MARY: Senior Counsel providing a copy of the Stipulation of Settlement regarding a tax assessment appeal filed by Tamara Ryan with the Property Assessment Appeal Board. SUGGESTED Suggested Disposition: Receive and File DISPOSITION: ATTACHMENTS: Description Type Staff Letter Staff Memo Signed Stipulation Supporting Documentation Dubuque Barry A.Lindnhl,Esq. THE CITY OF �,,,,�� Senior Counsel r� �.�'o m Suite 330,Harbor View Place � �,..J � 300 Main Street � r�I f�s� Dubuque,lowa 52001-6944 (563)583-4113 office (563)583-1040 fax • ' z�����i� bales�r'�citvofclubu�ue.orQ �GiS�@1�712Ce 011 �'}2@ M2SS1SS1�'�ll zo���zni7 Oftice Hours: 8:00 AM—5:00 PM,T-W-Th 8:00 AM—12:00 PM,F AGENDA LETTER February 3, 2021 Mayor and Members of the City Council President of the Board of Directors of the City of Dubuque Northeast lowa Community College City Hall P.O. Box 400 13t'' & Central Avenue Calmar, IA 52132 Dubuque, IA 52001 Chairperson of the Chairperson of the Board of Trustees Dubuque County Board of Supervisors Dubuque County Hospital Dubuque County Courthouse Sunnycrest Manor 720 Central Avenue 2375 Roosevelt Street Dubuque, IA 52001 Dubuque, IA 52001 Chairperson of the School Board Chairperson of the Council of the Dubuque Community School District Dubuque County Agricultural Extension Central Administration Offices Service 2300 Chaney Road 14858 West Ridge Lane, Suite 2 Dubuque, IA 52001 Dubuque, IA 52003 Chairperson of the Conference Board of the City of Dubuque City Hall 13th & Central Dubuque, IA 52001 RE: Ryan. vs. City of Dubuque Board of Review 2020 Property Tax Appeal Enclosed is a copy of the Stipulation of Settlement regarding a tax assessment appeal filed by Tamara Ryan with the Property Assessment Appeal Board. lowa Code Sec. 441.44 requires that the Stipulation of Settlement be served upon each of you. There is one property that is the subject of this appeal. The appeal is for the January 1, 2020 assessed value. The Ryan Property The property which is the subject of this appeal and proposed settlement is a home located at 1759 S Grandview, parcel number 1036426034. The two-story home was constructed in 2018 and is 6,791 square feet of living area. The home is located in close proximity to very large high voltage transmission lines and towers which are visible from the home and the grounds. Proposed Settlement The January 1, 2020 assessed value was $1,444,110. Following a protest to the Board of Review, the Board reduced the assessed value to $1,258,890 based in part on the close proximity to very large high voltage transmission lines and towers. After reviewing several reports of the negative effects on market value on upper end properties next to high voltage transmission lines and towers, the City Assessor determined that an additional adjustment was needed. The tentative settlement is for an assessed value for January 1, 2020 of$1,138,580. Pursuant to the Stipulation of Settlement the appeal will be dismissed and the assessed value will be adjusted to $1,138,580 for the January 1, 2020 year. The value for 2020 will be apportioned as follows: Land $ 194,360 Dwelling $ 944,220 Total $1,138,580 The total tax loss to all taxing bodies is estimated to be $2,140. The proposed settlement will be presented to the Property Assessment Appeal Board after fourteen (14) days from the date indicated on the attached Notice of Voluntary Settlement. If there are any objections to the settlement they should be made known to the Property Assessment Appeal Board prior to that time. If you have any questions about the proposed settlement, please contact City Assessor Troy Patzner at (563) 587-4919. Very si�rf�erely, ` / / Barry A. Lindahl, Esq. Senior Counsel Enclosure cc: Michael C. Van Milligen, City Manager 2 Adrienne N. BreitFelder, City Clerk � Troy Patzner, City Assessor !, 3 IOWA PROPERTY ASSESSMENT APPEAL BOARD PAAB Docket No. 2020-104-000126R Parcel No. 1036426034 TAMARA RYAN, Appellant, vs. CITY OF DUBUQUE BOARD OF REVIEW, Appellee. STIPULATION OF SETTLEMENT Appellant Tamara Ryan and Appellee City of Dubuque Board of Review state to the lowa Property Assessment Appeal Board that the pending litigation with regard to the tax assessment for the following-described property as of January 1,2020: Parcel No. 1036426034 Has been settled and agreed upon as follows: Valuation: Land $ 194,360 Dwelling $ 944,220 Tota I $1,138,580 It is further agreed that upon entry of an lowa Property Assessment Appeal Board Order confirming the above settlement, the above pending litigation shall be dismissed with prejudice. Dated this � day of�..� ,2021. TAMARA RYAN CITY OF DUBUQUE BOARD OF REVIEW Appellant Appellee � �' gy_ J Bar A. Lindahi, Esq.