PUBLIC SESSION OF TUESDAY, JUNE 9, 2009 MINUTES
The regular meeting of the Board of Real Estate Appraisers was held at 124 Halsey Street on the 3RD Floor on Tuesday, JUNE 9, 2009. The meeting was convened in accordance with the provisions of the Open Public Meeting Act. Board President Cheryle A. Randolph-Sharpe called the meeting to order at 9:30 A.M. A roll call was taken and the following attendance was recorded for these minutes:
John A. McCann Present
Denise Siegel Present
Barry J. Krauser Present
Frank A. Willis Present
Stephen P. Giocondo Present
Cheryl A. Randolph-Sharpe Present
Eileen M. Mannion, Esq. Excused
Also, present were: Dr. James S. Hsu, Executive Director; Susan Carboni, Deputy Attorney General; Charles Kirk, staff; Grace Gurisic, staff; Emilio Aviles, staff and Steven Flanzman, Deputy Attorney General.
APPROVAL OF MINUTES OF TUESDAY, MAY 19, 2009
Following review and discussion and upon motion of Mr. Willis, seconded by Mr. Giocondo it was determined that the minutes of May 19, 2009 be approved . A vote was taken and the motion was carried unanimously.
DIRECTOR’S REPORT
Executive Director, Dr. James S. Hsu made the following announcements:
*** Reminder that the election of officers/reorganization of the Board will take place at the July Meeting
*** DAG Susan Carboni has been reassigned and will no longer be Counsel to our Board. DAG Flanzman has been assigned to our Board. DAG Carboni will attend our meetings to close out the matters that she presently has and any new cases will be assigned to Mr. Flanzman.
PRESENTATIONS
Chuck Blau representing the Independent Fee Appraisers presented a Commemorative Plaque to Dr. Hsu honoring him for 15 years of dedicated and committed service as Executive Director of the New Jersey State Board of Real Estate Appraisers.
Upon motion of Mr. Krauser, seconded by Mrs. Siegel, Board President Cheryle Randolph-Sharpe presented the following resolution in behalf of the Board to Dr. Hsu, who will be retiring on June 30, 2009 and requested that the resolution be spread in full on the minutes for this meeting. A vote was taken and the motion carried, unanimously.
R E S O L U T I O N
IN RECOGNITION OF DR. JAMES S. HSU
Whereas. the New Jersey State Board of Real Estate Appraisers appreciates and acknowledges the services of Executive Director Dr. James S. Hsu and recognizes his many contributions to the public good through his many years of service; and
Whereas, the Board respects the expectation of the State Board of Real Estate Appraisers and its Members and Staff as they labor to maintain an excellence of purpose and the protection of the integrity of the "Board" and the Public as well, and
Whereas, Dr. James S. Hsu has served as Executive Director of the New Jersey State Board of Real Estate Appraisers since 1996 and has been instrumental in guiding the growth of the Board and the Appraisal Industry, and
Whereas, Executive Director Dr. James S. Hsu, through his diligent and creative efforts together with his expertise has, indeed, made a major contribution through his many years of service with the State Board of Real Estate Appraisers; and
Whereas, Executive Director Dr. James S. Hsu, is retiring from State Government after twenty-five years of dedicated service and moving on to greater career pursuits;
Now, therefore, Be It Resolved, that the New Jersey State Board of Real Estate Appraisers officially recognizes the many contributions made by Executive Director Dr. James S. Hsu; and
Be It Further Resolved that the Board extends its deepest appreciation to Executive Director Dr. James S. Hsu and wishes him well in all his endeavors; and
Further, that this Resolution be spread on the minutes of the State Board of Real Estate Appraisers in full recognition of Executive Director Dr. James S. Hsu’s services to the State of New Jersey and in appreciation of his earned respect and gratitude of the Citizens of this state.
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CONTINUING EDUCATION
| Provider | Course | Approved |
| Appraisal Institute | (1) Online Data Verification Methods (2) Online an Introduction to Commercial Green Building (3) Online Advanced Internet Search Settings | 5 Hrs of CE 7 Hrs. Of C.E. 7 Hrs. Of C.E. |
| Institute For Professionals in Taxation | IPT’s 33rd Annual Conference | 2 Hrs. Of C.E. |
| McKissock | (1) Current Issues in Appraising (2) Construction Details & Trends (3) Income Capitalization (4) Developing & Growing an Appraisal Practice (5) Fair Housing | 7 Hrs. Of C.E. 7 Hrs. Of C.E. 7 Hrs. Of C.E. 10 Hrs. Of C.E. 4 Hrs. Of C.E. |
| Law Seminars International | Site Remediation in New Jersey | 7.8 Hrs. Of C.E. |
| The Counselors of Real Estate Appraisers | The Counselors of Real Estate Mtg. | 2 Hrs. Of C.E. |
RENEWAL
ASFMRA Eminent Domain (A250) 22 Hrs. Of C.E.
Following review and discussion by the Education Committee and the Board and upon motion of Mr. Krauser, seconded by Mr. Giocondo it was determined that the C.E. Courses listed did meet the established criteria for the designated approved hours and that they be approved as noted above. A vote was taken and the motion was carried, unanimously
APPRAISAL INSTITUTE
*** Appraisal News Online Vol. 10, No. 10, May 27, 2009
*** Appraisal News Online Vol. 10, No. 11, June 3, 2009
The Board reviewed, discussed and duly noted above items.
APPRAISER QUALIFICATIONS BOARD
*** AQB Q and A; Vol 1, No. 1, June, 2009
*** Notice from Arika Cole of AQB
The Board reviewed, discussed and duly noted above items.
APPRAISAL FOUNDATION
*** News Release of June 2, 2009 — "The Appraisal Foundation Seeks At-Large Candidates for Education Council"
Appraisal Standards Board
*** Appraisal Standards Board Summary of Actions Related to Proposed Changes, April 3, 2009
The Board reviewed, discussed and duly noted above items.
PUBLIC ANNOUNCEMENT OF DISCIPLINARY ACTION TAKEN
*** IMO -- VIATCHESLAV MOROZOV - Consent Order Filed May 27, 2009
*** IMO -- JOHN VARGHESE - Administrative Action - Final Order of Discipline Filed 6-8-09
The Board reviewed, discussed and duly noted the above Orders
LEGISLATION
*** A3934 - Concerns use of health information technology products.
The Board reviewed, discussed and duly noted above item.
PENDING APPLICATIONS
Certified Residential
Matthew H. Kane Elaine E. Lucas
Certified General
Nathan C. Florio Daniel Kudrick
Following review and discussion by the Board and upon motion Mr. Krauser, seconded by Mr. Willis it was determined that the above noted candidates did meet the established criteria for Licensure and that their applications be approved. A vote was taken and the motion carried, unanimously
PUBLIC COMMENT
Richard Siebel, Dan Drelich, Chuck Blau and Warren Cohen of the Appraisal Community addressed the Board regarding issues of mutual concern.
ADJOURNMENT
Upon motion of Mr. Krauser, seconded by Mr. McCann it was determined that the Public Meeting be adjourned at 11 A.M. and the Board proceed to the Executive Session. A vote was taken and the motion carried, unanimously.
Respectfully submitted,
DR. JAMES S. HSU
Executive Director
