Village of Kohler 2010 Board of Review September 2, 2010

The 2010 Board of Review was called back into session at 5:00 p.m. Board of Review members present: Tom Reilly, John Stevens, Jim Price, John Garland, and John Woodrum. Staff members present: Laurie Lindow and Cindi Gamb. Also present: Village Attorney Paul Dirkse, Village Commercial Assessor Perry Nell, Village Special Attorney Alan Marcuvitz, and Kohler Co. Representative Ed Devine.

Business

Reconvene 2010 Board of Review to conduct evidentiary hearings and take action upon Kohler Co. Objection Forms For Real Property Assessments including:

Parcel Number Property Address 59141675346 1111 West Riverside Drive Blackwolf Run 59141679720 419 Highland Drive The American Club 59141678281 501 Highland Drive Carriage House 59141688921 725A Woodlake Road Inn on Woodlake 59141688926 795A Woodlake Road Woodlake Shops 59141678244 100 Willow Creek Drive Sports Core 59141675110 1161 Lower Road Riverbend 59141675340 1119 West Riverside Drive River Wildlife 59141674840 901 Lower Road Team Challenge Course

Attorney Paul Dirkse stated that Attorney Alan Marcuvitz along with Assessor Perry Nell and the Kohler Co. reached an agreement on all nine parcels being appealed. Attorney Dirkse explained that the written stipulations were submitted and would be reviewed and then confirmed by each party. The stipulations read as follows:

Stipulation & Determination 2010 Board of Review Kohler, Wisconsin

Stipulation

The undersigned agree to the following change to the 2010 assessment on the property known as Black Wolf Run, Kohler, Parcel No: 675346.

From To Change Land $ 1,400,000 $ 1,400,000 $ 0 Improvements $20,960,000 $17,600,000 $-3,360,000 Total $22,360,000 $19,000,000 $-3,360,000

The owner of the above described property understands that Sec. 70.47(12), Wisconsin Statutes, grants the owner the right to receive written notice from the Board of Review that it is changing the assessment on the assessment roll. The owner agrees with the assessment stated above. If the aforesaid assessment is entered on the assessment roll, the owner hereby waives any right to receive further notice of said change from the Board of Review. Also, under Sec. 70.47, Wisconsin Statutes, the owner waives any right to a hearing before the Board of Review to request a reduction in the aforesaid assessment and waives all rights to appeal or otherwise challenge the aforesaid assessment.

Each party represents and agrees that the undersigned is empowered to enter into this stipulation, that all procedural requirements have been complied with, and that all procedural irregularities, if any, are waived and shall not form a basis for setting aside this stipulation.

Dated at Kohler, Wisconsin this 2nd day of September, 2010.

By: Alan Marcuvitz, Special Counsel By: Kristina Somers, Counsel for for the Village of Kohler the Kohler Company

The same Stipulation & Determination forms were filled for each of the properties. The following are the agreed changes to the 2010 assessments:

American Club, Kohler, Parcel No: 679720 From To Change Land $925,000 $925,000 $0 Improvements $22,123,700 $18,845,000 $-3,278,700 Total $23,048,700 $19,770,000 $-3,278,700

Carriage House, Kohler, Parcel No: 678281 From To Change Land $169,400 $169,400 $0 Improvements $6,506,900 $5,555,600 $-951,300 Total $6,676,300 $5,725,000 $-951,300

Inn on Woodlake, Kohler, Parcel No: 688921 From To Change Land $781,000 $781,000 $0 Improvements $10,469,000 $7,354,000 $-3,115,000 Total $11,250,000 $8,135,000 $-3,115,000

Woodlake Shops, Kohler, Parcel No: 688926 From To Change Land $614,000 $614,000 $0 Improvements $3,236,000 $2,466,000 $-770,000 Total $3,850,000 $3,080,000 $-770,000

Sports Core, Kohler, Parcel No: 678244 From To Change Land $900,000 $900,000 $0 Improvements $1,300,000 $1,080,000 $-220,000 Total $2,200,000 $1,980,000 $-220,000

River Bend, Kohler, Parcel No: 675110 From To Change Land $350,000 $350,000 $0 Improvements $1,575,000 $1,380,000 $-195,000 Total $1,925,000 $1,730,000 $-195,000

River Wildlife, Kohler, Parcel No: 675340 From To Change Land $214,000 $214,000 $0 Improvements $595,000 $514,000 $-81,000 Total $809,000 $728,000 $-81,000

Rope Course, Kohler, Parcel No: 674840 From To Change Land $94,600 $94,600 $0 Improvements $127,500 $105,400 $-22,100 Total $222,100 $200,000 $-22,100

Attorney Alan Marcuvitz and Assessor Perry Nell stated that they were in agreement with the stipulations as presented for the nine parcels.

Ed Devine stated that Kohler Co. was in agreement with the stipulations as presented, they had no objections, and the Kohler Co. agreed to waive their right for a claim of excessive assessment.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 675346 Blackwolf Run. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $1,400,000; Improvements $17,600,000; Total $19,000,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 679720 The American Club. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $925,000; Improvements $18,845,000; Total $19,770,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 678281 Carriage House. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $169,400; Improvements $5,555,600; Total $5,725,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 688921 Inn on Woodlake. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $781,000; Improvements $7,354,000; Total $8,135,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 688926 Woodlake Shops. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $614,000; Improvements $2,466,000; Total $3,080,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 678244 Sports Core. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $900,000; Improvements $1,080,000; Total $1,980,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 6751110 Riverbend. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $350,000; Improvements $1,380,000; Total $1,730,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 675340 River Wildlife. Motion carried. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $214,000; Improvements $514,000; Total $728,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson.

Motion by John Woodrum, second by Jim Price to accept the stipulation as presented for parcel no: 6774840 Team Challenge Course. Determination: the Board of Review accepts the foregoing Stipulation and sets the 2010 assessment as follows: Land $94,600; Improvements $105,400; Total $200,000. Dated at Kohler, Wisconsin this 2nd day of September, 2010, and signed by: Thomas E. Reilly, Chairperson. Motion carried.

Attorney Alan Marcuvitz stated that there were no further objections or business before the 2010 Board of Review. Motion by John Garland, second by Jim Price to adjourn signe die at 5:18 p.m. Motion carried.

______Cindi Gamb Board of Review Clerk