Fred Hoppe, identifying himself as a principal with Hoppe 572, addressed the assessor hearing about valuations for several redevelopment and affordable-housing properties, including Cherry Park and the Orchard Subdivision. Hoppe said Cherry Park has three development phases, the first two were low-income projects and the third adds additional units (he stated “88” when describing one phase). He said the combined valuation he calculates for the properties referenced is $6,017,003.73 and asked the assessor to check the modeled values and redevelopment agreement records.

Hoppe and other presenters also identified one parcel shown in county records as a Section 42 property (the federal Low-Income Housing Tax Credit program), and said its assessment and comparable sales history warranted review. The presenter said portions of the redevelopment value and agreement with the city should be reflected differently than a standard market parcel appraisal.

At the hearing Hoppe asked staff to confirm which phases and prior additions were included in the current roll and to reconcile the county’s valuation with the redevelopment agreement terms. The transcript does not record a board decision; these were protest and information-gathering remarks seeking reassessment or correction by the assessor’s office.