2025_12_02 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:7407D742-46FF-40B4-9943-4A3D2B49D298 Property Identification: Property Owner AKG North America Inc Appellant(if different) Greg Bandemer, Ryan LLC Property Address 7315 Oakwood Street Parcel ID or Abstract 9824697043 Extension Statement of Appeal: Request reduction in value based on the appellant's pro-forma income approach calculations. Current Assessed Value $16,604,500 ounty Opinion $16,604,500 Time of Hearin 11:57 AM Appellant Opinion $13,047,900 County Representative Roger Gunn Board Decision $16,604,500 No change in value Evidence submitted by the appellant: • Based on the appellant's pro-forma income approach calculations,the subject has a value of $13,047,900. Evidence submitted by the county representative: • Based on the County's detailed sales and income analyses (see attached),the County concludes that no adjustment to value is supported. • Location Map of Subject • Current Property Record Card(24 pages) • Sales and Income Approach Analyses Motion of the Board Accept Coun 's Proposed Value: $16,604,500 No change in value Made the motion Saru Salvi Seconded the motion Richal Vanhook Voted For All BOER Members Voted Against Property Identification: Property Owner HD Development of Appellant(if different) John Cumbie, Maryland Inc Ryan LLC Property Address 625 Hampton Pointe Parcel ID or Abstract 9873680800 Boulevard • Statement of Appeal: Request reduction in value based on Cost Approach and equity comparables pointing to a lower valuation. Current Assessed Value $10,460,000 County Opinion $10,460,000 Time of Hearing 12:18 PM Appellant Opinion $8,185,780