There's a simple answer to why Hirshfield's is listed as the owner and Hey City as the taxpayer: this property is owned under a contract for deed.
Until the contract for deed is satisfied, Hirshfield's will remain the owner. It retains the fee title until the contract is paid off, at which point it has a contractual obligation to deliver the deed. Thus the name 'contract for deed.' Hey City is the listed taxpayer, likely because of the particular lease terms between the City and Hey City making Hey City responsible for property taxes, if any. Typically, the contract for deed vendee (in this case the City, who is paying on the contract) is the listed taxpayer, as they are responsible for the property taxes. I'm simply guessing the lease terms between the city and Hey City make Hey City responsible, which is not that unusual in such a case. David Brauer wrote, in response to Vicky Heller: Given this is a LEASE dispute, it appears the city owns the building and Hey City was a tenant. (The city and county's web site appear to have a flaw listing single private tenants of publicly owned buildings as taxpayers. As I recall, Target Center has the same flaw. But it is a flaw. Ask yourself - why would Hey leave a building SHE owned?) Vicki writes: The Minneapolis property records show Hey City Stage as the taxpayer and the CURRENT TAXABLE VALUE AS ZERO - SINCE 1994. REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
