David Brauer wrote: "....as any property owner well knows, the asking price is not the getting price. So it would be difficult for Hennepin County to value Fifth Street Towers at a selling price it hasn't received yet."
Vicky replies: Well, the taxable value was $141 million in 1996. Somehow, the great financial engine known as Minneapolis caused the taxable value to drop to $82.6 million by 2003. The Brookfield default portion of City Center dropped from a taxable value of $37.5 million to $7.5 million over roughly the same period. Terry Fiedler's Strib article a couple of month's ago identified several other Minneapolis buildings with crashing values. Denying the facts is completely within your rights David - it doesn't bother me because I know how to protect myself. I just hope others do too. Vicky Heller North Oaks and Cedar Riverside 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
