Per square foot for the tax year 2000:

Minneapolis                            $ 8.73
Seattle                                        2.12
Denver                                       2.14
SanFrancisco                             2.38
Dallas                                          2.56
Atlanta                                       3.18
Milwaukee                                 3.81
Boston                                        8.56

(StarTribune 3/20/01 by Melissa Levy)

Question:  How will Minneapolis attract businesses to fill up all of those
buildings that we built downtown?

Point:  If businesses don't pay a big hunk of the property taxes -
homeowners and renters will.

Note:  It would be nice if someone at the StarTribune kept us posted on the
vacancy situation and financial health of the "developers" since Minneapolis
taxpayers co-signed the mortgages.  We already know that Target Center and
City Center are rolling over, but what about the rest of them?  A few years
ago, we lent the Radisson Hotel $20 million.  What ever happened to that?

Vicky Heller
St. Paul

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