MCDA/Tetzlaff:  "Any decrease in EMV from 2001 was due to over-all
reductions in CBD office values by the City Assessor."

Heller:  Does this mean that only one section of the block lost value?
Where would we find the information on the other two parcels?  Please
provide the PINs (property identification numbers) so that we can look
them up.

Also, if office buildings are losing value, why is the MCDA financing
a new one next to the former ice skating rink?

Also, the assessor increased my property values (Cedar-Riverside) by
30% this year.  Where would I find the facts supporting Target's
reduction and my increase?

MCDA/Tetzlaff:  "The real estate taxes are paid by the Timberwolves
and the Northwest Health Club based on Personal Property Tax Account
valuations as leasehold interests.  These are assessed just like the
regular tax parcels and taxes are paid at the regular C/I rate.  The
total 2002 EMV for Target Center is $53,960,000 and the total 2003
real estate taxes paid will be $4,999,254."

Heller:  Where is this data published?  How much have the Timberwolves
paid over the past few years?  WHEN will they pay the $4,999,254?
Will they pay real cash, or will there simply be a bookkeeping entry
crediting this amount against improvements promised by the City?

Several other properties show no property taxes due (Northern Cap for
example.)  Where can people go to find a list of all Minneapolis
property that pays no tax?

Thank you for the added information; awaiting your reply.

Vicky Heller, North Oaks

TEMPORARY REMINDER:
1. Don't feed the troll! Ignore obvious flame-bait.
2. If you don't like what's being discussed here, don't complain - change the subject 
(Mpls-specific, of course.)

________________________________

Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy
Post messages to: mailto:[EMAIL PROTECTED]
Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls

Reply via email to