[Brauer] I think the point is that Mpls real estate goes up as well as down. It isn't all negative examples, as some suggest.
[Heller] You're absolutely correct. It looks like Minneapolis is sitting on a gold mine. [Brauer] I have questions into the assessor's office about how they perform valuations, especially on recent sales. [Heller] You might want to start with your own office building. It was purchased for $1.4 million in 2003, but is only assessed for tax purposes at $1.1 million. What's up with that? [Brauer] But regardless of the "developing" (for years on this list) "scandal" about assessments, at least we can do away with the notion that it's only bad times and fleeing businesses/investors in Mpls's future. Clearly, there are many heavyweights rushing in. [Heller] Time will tell who was smarter - the buyer or the seller. [Brauer] By the way, did anyone notice that Gander Mountain recently lost 25 percent of its stock value ? This is AFTER St. Paul threw $700,000 at the company to relocate there. Remember this the next time anyone says Minneapolitans should replicate the Capitol City's corporate welfare policy. [Heller] By the way, did anyone notice that Tiro Industries just filed for bankruptcy? This is AFTER Minneapolis threw $6 million in its coffers. 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
