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BOE Meeting-November 8, 2012 FinalNEW HANOVER COUNTY BOARD OF EQUALIZATION AND REVIEW, November 8, 2012 ASSEMBLY BOOK PAGE The 2012 New Hanover County Board of Equalization and Review met on Thursday, November 8, 2012, at 9:00 a.m. in the Lucie F. Harrell Conference Room of the New Hanover County Government Center, 230 Government Center Drive, Wilmington, North Carolina. The purpose of the meeting was to hear appeals by property owners regarding their 2012 tax value assessments. Members present were: John Babb (Interim Chairman), Bob Drach, and Linda Woods. Staff members present were: Appraisal Supervisor Pete Richardson; Appraisers Chris Boney, Jim Hardin, and Thomas Harris; and, Administrative Support Technician Cassandra Fowler. Interim Chairman John Babb called the meeting to order at 9:05 a.m. AGENDA ITEM # 1: Approval of Minutes There were no minutes available for consideration or approval. AGENDA ITEM # 2: Old Business There was no discussion by the Board on this agenda item. AGENDA ITEM # 3: Affirmation of the Following Signed and Agreed Values Appraisal Supervisor Pete Richardson presented a list of appellants who, in writing, have agreed to the value recommended by the appraisers and agreed to withdraw their appeals. Motion: Bob Drach MOVED, SECONDED by Linda Woods, to affirm the assessed values of the appeals listed below as withdrawn or agreed upon by appellants. Upon vote, the motion carried 3 to 0. Parcel -ID Owner Situs Address Affirmed Value R04815- 002 - 002 -000 HOBBS W K 2001 PRINCESS PLACE DR $72,500 R04817- 032 - 011 -000 JOHNSON ROBERT CHRISTIANNA ETA 25 3RD ST $581,100 R04817- 037 - 013 -000 CANTWELL R C III ETUX 520 MARKET ST $607,800 R04818- 028 - 005 -000 W K HOBBS INVESTMENTS LLC 1110 MARKET ST $69,300 R04818- 029 - 001 -000 W K HOBBS INVESTMENTS LLC 11 11TH ST $32,100 R04818- 029 - 002 -000 W K HOBBS INVESTMENTS LLC 15 11TH ST $40,400 R05517- 001 - 001 -000 OLEANDER CO INC THE 1303 INDEPENDENCE BLV $15,592,400 R05714- 006 - 004 -000 STORAGE SERVICES LLC 4 MARINA ST $262,000 R05718- 001 - 014 -000 WRIGHTSVILLE YACHT CLUB INC 4 MARINA ST $7,072,500 R05718- 002 - 003 -000 WRIGHTSVILLE YACHT CLUB INC 9 MARINA ST $557,800 R05719- 003 - 021 -002 SEAPATH YACHT CLUB INC 328 CAUSEWAY DR $13,475,200 R06018- 004 - 009 -000 HOBBS & HOBBS LLC ETAL 2461 CAROLINA BEACH RD $448,900 AGENDA ITEM # 4: Tax Appeal Presentations 9:00 AM Session The Board heard appeal presentations from the following individuals regarding the 2012 tax assessment of real property. Each appellant was informed that the Board would make decisions following the hearings and they would be notified by mail of the Board's decision in ten days. 1 NEW HANOVER COUNTY BOARD OF EQUALIZATION AND REVIEW, November 8, 2012 BOOK PAGE Sarah Roderick, property owner of 1202 15th St., Wilmington, NC; Parcel ID R05414- 016 - 004 -001 Sarah Roderick, property owner of 1502 Marstellar St., Wilmington, NC; Parcel ID R05414 -017- 002 -000 General Manager Samuel W. Clary, representing the property owners of 6 Marina St., Wrightsville Beach, NC; Parcel ID R05718- 001 - 002 -000 In deliberations after hearing the appeals during the 9 AM session, the Board affirmed the assessed values as follows: Parcel ID Owner Appealed Value Affirmed Value R05414- 016 - 004 -001 Sarah Roderick $87,900 $62,000 Motion: Bob Drach MOVED, SECONDED by Linda Woods, to reduce the value to $62,000. Upon vote, the motion carried 3 to 0. R05414- 017 - 002 -000 Sarah Roderick $50,100 $20,000 Motion: Bob Drach MOVED, SECONDED by Linda Woods, to reduce the value to $20,000. Upon vote, the motion carried 3 to 0. R05718- 001 - 002 -000 Wrightsville Yacht Club Inc $1,742,500 $1,132,400 Motion: Bob Drach MOVED, SECONDED by Linda Woods, to reduce the value to $1,132,400. Upon vote, the motion carried 3 to 0. AGENDA ITEM # 5: Affirmation of Recommended Values for Scheduled Hearings for Appellants Who Failed to Appear It was reported that all appellants that were scheduled to appear had their hearings before the Board and that there were no other appellants present. The Board considered the following parcels under this agenda item. Parcel ID Owner Appealed Value Affirmed Value R04817- 039 - 018 -000 Todd Hodge & Diane Ferrari $338,200 $235,600 Motion: Linda Woods MOVED, SECONDED by Bob Drach, to accept the appraiser's recommended value of $235,600. Upon vote, the motion carried 3 to 0. AGENDA ITEM # 6: New Business There was no discussion by the Board on this agenda item. AGENDA ITEM # 7: Schedule Future Meetings There was no discussion by the Board on the scheduling of future meetings. AGENDA ITEM # 8: Adjournment There being no further business to consider, Interim Chairman John Babb recessed the 2012 Board of Equalization and Review at 10:36 a.m. until the next hearing date scheduled for Monday, November 19, 2012. NEW HANOVER COUNTY BOARD OF BOOK EQUALIZATION AND REVIEW, November 8, 2012 PAGE Res ctfully submitted, Cassandra Fowler