Dyna said: < Agreed, it should not be the job of government to provide corporate welfare to bail out businesses that make dumb investments. In the instant case, Ms. LaVanier paid $400,000 in March 2004 for a building with a taxable market value of $284,000. This is a 8 unit building in a distressed neighborhood that probably produces $60,000 a year in rent at best. Following the usual formula of 4 times annual gross for calculating the value of distressed property, this property was worth at most $250,000.>
Has anyone else noticed that the city assessor placed the 2004 estimated market value of Ms. LaVanier's property at $284,000 and raised it in the 2005 esimated value to $425,000? Those must have been some windows she installed! Dottie Titus, Jordan REMINDERS: 1. Be civil! Please read the NEW RULES at http://www.e-democracy.org/rules. If you think a member is in violation, contact 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 Civil City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:mpls@mnforum.org Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
