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V <br />percentage of slopes for each. <br />Mr. Barrett also pointed out that the Bennett, Heirs property <br />has water and sewer availability relatively close, but the <br />other properties were approximately 3/4 of a mile from water <br />and sewer and that cluster developemnt would require water <br />and sewer. <br />In closing, Mr. Barrett made reference to a portion of the <br />Small Area Plan which stated that "Most of the area east of <br />15/501 contains land with major building.restrictions" and <br />that was the basic contention for the subject appeals. <br />Dr. Halkiotis then asked Mr. Lloyd to give the Assessor's <br />Office response to these appeals. Mr. Lloyd began by stating <br />that there had been no evidence presented to establish a <br />value, no comparables or anything to prove the current <br />appraisals are incorrect. He reiterated Mr. Waldon's <br />response in the previous meeting that'the subject properties <br />were no different from other properties in the same area that <br />had sold in the past five years.. <br />Mr. Lloyd then turned the presentation over to Mr. Smith, <br />Revaluation Chief Appraiser. Mr. Smith first explained that <br />the value of the Bennett property was reduced based on <br />information provided in a letter from Mr. Jewel indicating <br />that only 17 acres of the 50 were not in the RCD thereby <br />producing a value of roughly $220,000. Later, when other <br />appeals of property in the same area were filed, another <br />review indicated that the reduction in value was based on <br />erroneous information and the value was then adjusted to <br />$500,000-. <br />Mr. Smith then clarified his calculations with Kendal Brown <br />in response to Ms. Marshalls request. <br />Mr. Smith then displayed a map indicating the three subject <br />properties and surrounding comparables, pointing out size of <br />parcels, dates and amounts of sales. <br />Afterwards Mr. Smith directed questions to Mr. Waldon <br />concerning RCD and Comprehensive Land -Use Plan restrictions. <br />Mr. Waldon wanted to clarify that the new restrictions did <br />not prohibit development but they did mean development had to <br />be done differently than before, requiring more planning and <br />design. <br />Mr. Hartwell then addressed the issue of multi -unit housing. <br />Mr. Waldon responded that the Land -Use plan calls for low <br />density residential use but there is possibility for some <br />multi -unit development as long as density did not go above 4 <br />units per acre. <br />Mr. Waldon then referred to the Bennett property, giving a <br />rn <br />