DEPARTMENT: Assessing Services
FILE TYPE: Regular Action
TITLE
title
Authorization To Execute A Contract Renewal with CycloMedia Technology, Inc. For Acquisition Of Street Level Images
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PURPOSE/ACTION REQUESTED
Authorize execution of a contract renewal with CycloMedia Technology, Inc. for the acquisition of updated street-level imagery and use of licensed images and software.
SUMMARY
Minn. Stat. ? 273.08, Assessor Duties, mandates that "The assessor shall actually view, and determine the market value" of each property at least every five years. As advised by the International Association of Assessing Officers (IAAO), in certain cases when assessors have reliable and current real estate data, the effort of 'actually viewing' real estate can be accomplished digitally with current technologies. According to the IAAO, a current photo is less than six years old. MN Department of Revenue guidelines require updated imagery for the five-year quintile reassessment. Through a Request for Proposal issued on December 16, 2015, Dakota County solicited vendors to provide a proposal for the acquisition of countywide street-level images. By Resolution No. 16-144 (March 1, 2016), the Dakota County Board of Commissioners authorized a contract to be executed with CycloMedia Technology Inc. for acquisition of street-level images, and by Resolution No. 21-056 (January 19, 2021) authorized a contract renewal for updated imagery. The dates of those images are during the spring of 2021, which necessitates updated imagery in 2026 to comply with IAAO and Department of Revenue standards. Updated street view images are necessary to sustain the quality of values using desktop viewing of real estate.
Updated high-quality street-level imagery will:
* Support a business model of using technology to efficiently meet statutory revaluation requirements,
* Provide all appraisal staff the tools to make accurate valuation estimates without greater investment in field inspections,
* Ensure ta...
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