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9.e) Staff Report-Miron Valuations LTRSCANDIA Staff RepoVt Date of Meeting: April 15, 2014 To: City Council From: Kristina Handt, City Administrator Re: Letter to Commissioner Miron Background: As was discussed at the Board of Appeal and Equalization, Scandia property owners are seeing a significant increase in their valuations this year following a decrease last year. These wide swings in valuations are due in part to the limited sales data the County uses to help compute values each year. Issue: Should the enclosed letter be sent to Commissioner Miron? Proposal Details: Draft of the letter is included in your packet. Fiscal Impact: NA Options: 1) Approve the letter as written 2) Amend and then approve the letter 3) Do not send a letter to Miron Recommendation: Option 1.