Loading...
072301 EDA CITY OF NEW HOPE EDA MEETING City Hall, 4401 Xylon Avenue North July 23, 2001 President W. Peter Enck Commissioner Sharon Cassen Commissioner Don Collier Commissioner Mary Gwin-Lenth Commissioner Pat LaVine Norby Revised Agenda 1. Call to Order 2. Roll Call 3. Approval of Regular Meeting Minutes of June 25, 2001 4. Resolution Waiving Notice and Consenting to Financing of a Project by the Hennepin County Housing and Redevelopment Authority Within the Area of Operation of the City of New Hope, Minnesota, Economic Development Authority 5. Adjournment CITY OF NEW HOPE 4401 XYLON AVENUE NORTH NEW HOPE, MINNESOTA 55428 Approved EDA Minutes Regular Meeting June 25, 2001 City Hall CALL TO ORDER ROLL CALL APPROVE MINUTES DISCUSSION/7610 BASS LAKE ROAD Item 4 New Hope EDA Page 1 President Enck called the meeting of the Economic Development Authority to order at 8:31 p.m. Present: W. Peter Enck, President Sharon Cassen, Commissioner Don Collier, Commissioner Mary Gwin-Lenth, Commissioner Pat LaVine Norby, Commissioner Motion was made by Commissioner Collier, seconded by Commissioner Cassen, to approve the Regular Meeting Minutes of December 11, 2000. Voting in favor: Collier, Cassen, Norby, and voting against: None, Abstained: Enck, Gwin-Lenth, Absent: None. Motion carried. President Enck introduced for discussion Item 4, Discussion Regarding Redevelopment/Rehabilitation Project at 7610 Bass Lake Road. Mr. Kirk McDonald, Director of Community Development, updated the EDA regarding the proposal for the redevelopment/rehabilitation of the 11-unit apartment complex at 7610 Bass Lake Road in conjunction with Project for Pride in Living (PPL), the Northwest Community Revitalization Corporation (NCRC) and several other funding agencies. He noted this project was last discussed with the EDA in February 2000, and at that time the EDA was generally favorable towards the project. The purpose of this update is to discuss some minor modifications to the original proposal and determine if the EDA would commit funding to the project with final approvals to be made at meetings in the near future. Mr. McDonald stated in the past, the City has participated in similar collaborations, most recently with the Bass Lake Court Townhomes Project. As the EDA is aware, projects of this size require a variety of funding partners and usually require the expertise of an experienced development agency, such as PPL. Housing redevelopment has been designated as a high priority of the City Council and this property is identified in the Comprehensive Plan for redevelopment or rehabilitation and it is also identified in the Livable Communities Grant study area. In 1999, the Northwest Community Revitalization Corporation (also known as the Community Housing Development Corporation/CHDO) and PPL approached the City and inquired about multiple family properties in need of rehabilitation for a potential collaborative project. Staff had previously identified the 7610 Bass Lake Road property as a high priority. Previous attempts to coordinate a rehabilitation project with the owners have not been successful and a portion of this project would involve acquisition and rehabilitation of the property. In February 2000, when the project was discussed with the EDA, a collaborative project with the City of Crystal was also part of the project, with one site in New Hope and one site in Crystal, (both on Bass Lake Road). The proposal was submitted to the Minnesota Housing Finance Agency for funding, but the two-city proposal was declined, due to the fact that the MHFA did not favor the Crystal project site. The project was modified to include the New Hope site only and June 25, 2001 resubmitted for funding, however, due to strong competition from other projects, the project was again not funded by the MHFA. Despite the fact that funding from the MI-IFA has been declined, Hennepin County and others still have funding committed to the project, and PPL and the CHDO desire to proceed with the project in collaboration with the City. The development partners are Project for Pride in Living (PPL) and the Northwest Community Revitalization Corporation (NCRC). The proposed project consists of the renovation of the Il-mt apartment building at 7610 Bass Lake Road in New Hope. The building contains six, two-bedroom apartments and five, one-bedroom apartments. The plans entail the exterior and interior renovation of the existing apartment building. The building exterior will be completely renovated, including painting, the repair or replacement of the soffits and fascia, the provision of a new roof, gutters, and downspouts as necessary, spot tuckpointing and brick repair, and the repair or replacement of the windows. He landscaping will be improved, the drive expanded and resurfaced, the walkways repaired, and garages added for each unit. The interior work will include updating the existing units in their present configuration. New cabinets, counters and appliances will be provided in the kitchens. The plumbing and electrical will be updated. A new water heater will be provided and the existing boiler will be inspected and replaced, if necessary. The walls will be repaired and painted and new carpet will be installed throughout. The monthly rent for the units will vary from $555 to $710 depending on unit size. At a minimum, nine of the units would be rented to families earning less than 50% of the area median (e.g. $37,000 for a family of four). Three of the units would have rents subsidized for lower income families. Two of those three units would be reserved for residents on the Minneapolis Public Housing waiting list and the other one (and any of the two not filled by people on the first list) would be used for New Hope residents. PPL currently has an on-site management office at another property less than two blocks from the proposed site. A full-time site manager lives and is employed there. All prospective tenants will be carefully screened: each must have a good rental history, adequate income to afford the rent, and no criminal background. He stated the total cost of this development is approximately $1.26 million. The fmancing is proposed to be a combination of a traditional bank mortgage, investments from the City of New Hope, and Hennepin County HOME and AHIF funds. The three affordable units are paid for by the Metropolitan Housing Opportunities Program, which was created to increase the supply of rental housing outside of the central cities. The Development Proforma shows a $338,000 contribution from the New Hope EDA. The work is intended to be performed without substantial displacement of the existing residents. If existing residents have incomes above 50% of median, they will receive assistance in finding a new place to live and help with the moving expenses. Tenants wishing to remain in the rehabbed units would be welcome to do so provided they meet PPL's screening requirements. This development will provide reinvestment in the area's aging housing stock by an owner committed to maintenance and a long-term relationship with the community. The improved appearance and stability of the new and rehabbed units will add to the surrounding area's value and livability. These units will provide an opportunity for young families or single parents to stay in this community or become part of it. This development represents the next step in PPL and NCRC's continued commitment to the strength and stability of New Hope. New Hope EDA Page 2 June 25, 2001 ADJOURNMENT This property is currently not located in an area where TIF funds can be expended, therefore, the EDA funds would need to be used for the New Hope portion of the project in conjUnCtion with $77,992 in CDBG funds that are programn~ed for multiple family rehabilitation. Another option would be to add this property to the area where TIF funds can be expende& Mr. Chris Wilson, Development Manager with PPL; and George Gamett, Executive Director of NWCRC, were recognized. They explained that the work is considered maintenance rather than reconfiguration so the property does not have to be upgraded to be handicapped accessible housing. The EDA discussed tax implications and the construction costs. Commissioner Collier suggested reviewing cost comparisons of similar rehab projects. President Enck commented on the unknown financial position of the City at the present time, and suggested postponing discussions until July. The consensus of the EDA was to continue discussions at the July 30, 2001, Work Session. Motion was made by Commissioner Collier, seconded by Commissioner Norby, to adjourn the meeting. All present voted in favor. Motion carried. The New Hope EDA adjourned at 9:00 p.m. Valerie Leone City Clerk New Hope EDA Page 3 June 25, 2001 EDA Originating Department Approved for Agenda Agenda Section Community Development ~ 7-23-01 EDA Item No. By: Kirk McDonald By:/ ,,~' ~f / RESOLUTION WAIVING NOTICE AND CONSENTING TO THE FINANCING OF A PROJECT BY THE HENNEPIN COUNTY HOUSING AND REDEVELOPMENT AUTHORITY WITHIN THE AREA OF OPERATION OF THE CITY OF NEW HOPE, MINNESOTA, ECONOMIC DEVELOPMENT AUTHORITY REQUESTED ACTION Staff is requesting that the EDA approve the attached Resolution Waiving Notice and Consenting to the Financing of Project by the Hennepin County Housing and Redevelopment Authority Within the Area of Operation of the City of New Hope, Minnesota, Economic Development Authority. After discussing this request, the EDA may want to modify the resolution regarding a PILOT (payment in lieu of taxes) agreement. POLICY/PAST PRACTICE One of the primary goals of the 2001 City Plan is to pursue the maintenance of residential properties within the City, and this is also identified as one of the top goals in the Comprehensive Plan. In the past, the City Council and EDA have supported joint-city bonding projects to assist in the refinancing and rehabilitation of nonprofit group homes. The City Council/EDA have also implemented PILOT agreements in cooperation with some tax- exempt property owners in the past. BACKGROUND Opportunity Partners is a Minnesota nonprofit operation that owns and operates 17 group homes in Hennepin County for mentally and physically disabled persons. One of the homes is located in the City of New Hope at 2705 Ensign Avenue North. The company originally purchased the group homes with conventional bank financing and secured the various homes with mortgages. Opportunity Partners has requested that the Hennepin County Housing and Redevelopment Authority (HRA) issue its tax exempt revenue bonds and loan the proceeds of such bonds to the borrower so that the outstanding mortgage loans may be consolidated into a single loan and to refinance the debt on a tax exempt basis. Minnesota Statutes state that the Hennepin County HRA may exercise powers of a housing and redevelopment authority within the territorial boundaries of the County. The statutes also provide that before the County HRA may participate in a project that lies within a territory governed by a separate municipal HRA, the Hennepin County HRA must notify and obtain the consent of the municipal HRA to its activities within such territory. The New Hope Economic Development Authority, which has the powers of a housing and redevelopment authority, is being requested to approve the attached resolution supporting this action. MOTION BY SECOND BY Request for Action Page 2 07-23-01 The resolution states that: · The New Hope EDA waives any notice that may have been required and acknowledges receipt of the proposal that the Hennepin County HRA finance a project within the area of operation of the New Hope EDA, and · The New Hope EDA consents to the Hennepin County HRA's activities within the area of operation of the New Hope EDA with respect to the proposed financing. Other jurisdictions participating in this venture include the cities of Crystal, Richfield, Bloomington, St. Louis Park, Golden Valley, Elk River and Plymouth. In discussing this request with staff from the City of Crystal, New Hope staff was informed that the City of Crystal approved this request subject to a condition that would require execution of an agreement between the Borrower and the City providing for payment in lieu of taxes (see attached Crystal memorandum and resolution). Staff reviewed this matter with the City Manager and he advised that the EDA may want to discuss this issue. Staff has reviewed this request with the Director of Finance and the City Attorney. FUNDING The approval of this resolution has no impact on New Hope's bonding authority or capacity. ATTACHMENTS · Resolution · Faegre & Benson Correspondence · Opportunity Partners Correspondence · Map · City of Crystal Memorandum/Resolution · Tax Information RESOLUTION NO. RESOLUTION WAIVING NOTICE AND CONSENTING TO THE FINANCING OF A PROJECT BY THE HENNEPIN COUNTY HOUSING AND REDEVELOPMENT AUTHORITY WITHIN THE AREA OF OPERATION OF THE CITY OF NEW HOPE, MINNESOTA ECONOMIC DEVELOPMENT AUTHORITY WHEREAS, the City of New Hope, Minnesota Economic Development Authority (the "Authority") is an economic development authority created pursuant to Minnesota Statutes, Sections 469.090 through and including 469.108, has the powers of a housing and redevelopment authority under Minnesota Statutes, Sections 469.001 through and including 469.047, as amended (the "Act"), and is authorized operate within the territorial boundaries of the City of New Hope, Minnesota (the "City"); and WHEREAS, the Hennepin County Housing and Redevelopment Authority (the "Hennepin County HRA") is a housing and redevelopment authority created pursuant to Minnesota Statutes, Section 383B.77, has all of the powers and the duties of a housing and redevelopment authority under the Act, including the authority to issue bonds and loan the proceeds of which for certain projects, and is authorized operate within the territorial boundaries of Hennepin County, Minnesota (the "County"); and WHEREAS, Opportunity Partners, a Minnesota nonprofit corporation (the "Borrower"), is the owner and operator of 17 group homes for the mentally and the physically disabled located primarily within the County, and each group home is separately and individually financed by a taxable or a tax-exempt mortgage loan; and WHEREAS, one of the group homes is within the territorial boundaries of the City and is located at 2705 Ensign Avenue North; and WHEREAS, the Borrower has requested that the Hennepin County HRA issue its tax- exempt revenue bonds and loan the proceeds of such bonds to the Borrower so that the Borrower may consolidate the outstanding mortgage loans into a single loan and to refinance the debt on a tax-exempt basis; NOW, THEREFORE, BE IT RESOLVED COMMISSIONERS OF THE CITY OF NEW HOPE, DEVELOPMENT AUTHORITY AS FOLLOWS: BY THE BOARD OF MINNESOTA ECONOMIC 1. The Authority hereby waives any notice that may have been required by Minnesota Statutes, Section 383B.77, as amended, and hereby acknowledges receipt of notice of the proposal that the Hennepin County HRA finance a project within the area of operation of the Authority. 2. The Authority hereby consents to the Hennepin County HRA's activities within the area of operation of the Authority with respect to the proposed fmancing. Adopted: ,2001 Attest: Chair Secretary M1:766352.01 FAEGRE & BENSON -LP 2200 WELLS FARGO CENTER, 90 SOUTH SEVENTH STREET MINNEAPOLIS, MINNESOTA 55402-3901 TELEPHONE 612-336-3000 FACSI-M-ILE 612-336-3026 June 25,2001 STEVEN C. LIKES slike~faegre.eom 612.766. 8057 Mr. Kirk McDonald Community Development Director City of New Hope 4401 Xylon Avenue North New Hope, MN 55428-4843 Re: Proposed Bond Issuance by the Hennepin County Housing and Redevelopment Authority Dear Mr. McDonald: Faegre & Benson LLP is serving as bond counsel to the Hennepin County Housing and Redevelopment Authority (the "Hennepin County HRA") with respect to a proposed issuance of bonds for the benefit of Opportunity Parmers, a Minnesota nonprofit corporation and a 501(c)(3) organization as described in the Internal Revenue Code of 1986, as amended (the "Company"). The Company presently owns 17 group homes throughout Hennepin County (the "County") that are occupied by persons with physical and/or mental disabilities. The Company originally purchased the group homes with conventional bank financing and secured the various homes with mortgages. The Company now desires to refinance these purchases with the proceeds of certain tax-exempt revenue bonds to be issued by the Hennepin County HRA. Section 383B.77 of the Minnesota Statutes provides that the Hennepin County HRA may exercise all of the powers of a housing and redevelopment authority in an area of operation that includes the area within the territorial boundaries of the County. The statute may also provide (the wording is less than clear on this matter) that before it may participate in a project that lies within a territory governed by a separate municipal HRA, the Hennepin County HRA must notify and obtain the consent of such municipal HRA to its activities within such territory. Enclosed with this letter are (i) the application letter filed with the Hennepin County HRA that outlines the proposed transaction, and (ii) a draft ora resolution to be introduced before and adopted by the City of New Hope, Minnesota Economic Development Authority (the "Authority"). We would request that this resolution be introduced and adopted at the July 23, 2001 meeting of the Authority's Board of Commissioners. Minneapolis Denver Des Moines London Frankfurt Mr. Kirk McDonald June 25, 2001 Page 2 If you should have any questions regarding resolution, the application or the transaction in general, please contact me directly at (612) 766-8057. We appreciate your help with this matter. ~.S~Very tmly~~ SCL:liksc Enclosures Jon Thompson, Opportunity Partners Timothy Trimble, SilverCrest Properties, LLC MI :766740.01 ,JUN. 25. ., ............ NO. ILO]6 ' P. Mr. Pod W~,~ Senior Ad-mi~strative M~ager Hm_,, _~/= County 10709 Wayzama Blvd., Sui~ 260 lVf~eta~lr~, MN 5~375 P,e: Opporra~ry Par~s B<~d Financing Dem- Mr, Waara: O1~. o~ ?~'tuers is a not-for-profit 50 t (c) 3 orgauizatio~ that opera~ i.u Hc~mcpin County. We pro,de ~lc~t r~ff~ ~d ~o~ &velo~t ~ ~ b~!p ~ple ~ · ~a~i~es ~d ~ s~ ~ ~e ~~ ~-~e~ ~ ~ ~~. ~e or~o~ ~ Od~y ~.~ ~ 1~53 ~ ~o~ Wor~h~ bya ~p of p~ who ~u~t ~d ~~ ~d ~lo~t opp~~ f~ ~ ~ ~d ~u~. 0~W p~ ~ ~o~ ~ Pm~job ~ ~d ~lo~ a~ Two years ago, workiug in parc=~ ',vkh l:l~luirl CouuW, we ~ ~e pror~ of clang CI~ Do~ ~c~~ ~, ~e ~ ~e do:~~le ~ce p~ offs ~ess, ~ p~c~ed n~ ~le ~ h~ez ~ eomm~es ~u~o~ ~:~m Co~W. ~s eff~ h~ be~ e~y ~~ by off~ ~e pe~ic we ~ppo~ a P~ ~i'~ develo~ ~b~es ~ ~ hom~ ~ ~e l~a~o~ ~h~ 1-16 o~ a~h~ ~ H~ Yrup~ --~h~ 17 is a ~g ~d w~l~ for I05 by b~g ~e ~ off.se bon~. ~ amo~t o~e is~cc ~ be a~ox~ $3~550,900 Co~, or p~t ~ Co~ a ~ ~ off~g. ~ ~ ~T ~e ~e placer ~ be ~ a q~ ~on ~ ~h~ ~e b~ b~g said ~ ~e ~ p~c. Br~ B~ h~ wo~d o~ ~ ~s of~e 06/25/01 M0N 09:53 [TX/RI NO 7383] JUN. 25. 200!1 9:59AM~ SILVERCREST PROPrNERS NO. local We hav~ ass~bl~ a *__~,,, ice our fman~ pro~m md ha~e a~a~hccl a list o£team members We have also ar~ched a listing of the facilities a~d their locations for your xzview. We would lilcc to be plaraxl on th~ agenda lbr your upcomi~ meeting, or if appropriate, could a spocial mecliug be held sooner i~ order ~o review and rot, aport our request?. If you Imvc mxy qug~ons, pl,ase co~lact rog, or Bruce .l~sr.~, our Vice pre~a?n_r, of Firm~ce. We al~'i~t, your consicl~'alion ~d look forward to wofl~g wi~ Hexaacpin Coumy on this 06/25/01 NON 09:53 [TX/RX NO 73831 OPPORTUNITY' PAR?NER~, INC, PROPERTY' ]NFOP, MA'I'ION 3. 5 :. Le,~. Fa~<, 5610 Golden Valley Road Golden Valiey, MN 15. I1754-191 !& 497 Crar~ ! 4, ~739 'C~¢a 0~,'2~,/0! M0N 09:83 [TX/~[ NO 7333] JUN. 25. 20011 9:59A~ SILVERCREST PRO P?t Opportunity Partner~ Financing Team 'l~a~zd Cozz~sel: Phone: ((512) 786-7661 06/25/01 MON 09:53 [TX/~X NO 7353] Amount required to ref~nanc~ p~ope~es ¢¢ 1-17 Bee attached list Inctucles any Prepayment penalties 3,291.496 Vehicles per attached ]is[ Lease buy, uts = 47.~00 Replacement purchases = 215.400 New purchase = 25.000 287.900 Project Sub-total Bono Issue Expenses - 2% Project T~al 71,588 3.850.984 06125/01 MON 09:53 [TX/~X NO 7383] 2817 2801 ,51 ST ENSIGN AVE N AVE N · ~)46 8701 ~040 3057 ;~028 ~ ~022 ~0~7 3016 5031 3OO8 3011 29TH AVE ~ ~ ~ / Z74C 89O0 2707 9214 ENSIGN 2748 ~~272~ 2740 2732 2717 ~ 2724 ~ 2716 ~ 27O8 2705 r 2700 2701 SUNNY HOLLOW SCHOOL &: PARK Il Iillllllllll~llllmlllmllllllll.illllll.lllllll~lJl.lllllJl[] If 2801 274c. 2741 27~,3 III MEMORANDUM TO: FROM: DATE: SUBJECT: Economic Development Authority Patrick A. Peters, Community Development Director July 12, 2001 Consider Resolution Consenting to Project Financing by Hennepin County HRA BACKGROUND Opportunity Partners owns and operates group homes for people with disabilities and otl~er special needs. One of their properties is located in Crystal at 3812 Hampshire Avenue North. The organization has submitted a request to Hennepin County to issue tax-exempt revenue bonds to help refinance its conventional mortgage loans for its 17 homes located within Hennepin County. Minnesota Statutes provide that the Hennepin County HRA may participate in a project within the territory governed by a separate municipal HRA provided notification is given and consent of the activities is obtained from the municipal HRA. Background material is attached for reference. The property owned by Opportunity Partners at 3812 Hampshire Avenue North is exempt from property taxes. As such, staff has added a condition in the attached Resolution that would require execution of an agreement between the Borrower and the City of Crystal providing for payments in lieu of property taxes. RECOMMENDATION Staff recommends that the Crystal Economic Development Authority adopt the attached Resolution waiving notice and consenting to the financing of a project by the Hennepin County HRA. RESOLUTION #2001 - RESOLUTION WAIVING NOTICE AND CONSENTING TO THE FINANCING OF A PROJECT BY THE HENNEPIN COUNTY HOUSING AND REDEVELOPMENT AUTHORITY WITHIN THE AREA OF OPERATION OF THE CITY OF CRYSTAL, MINNESOTA ECONOMIC DEVELOPMENT AUTHORITY WHEREAS, the City of Crystal, Minnesota Economic Development Authority (the "Authority") is an economic development authority created pursuant to Minnesota Statutes, Sections 469.090 through and including 469.108, has the powers of a housing and redevelopment authority under Minnesota Statutes, Sections 469.001 through and including 469.47, as amended (the "Act"), and is authorized to operate within the territorial boundaries of the City of Crystal, Minnesota (the "City"); and WHEREAS, the Hennepin County Housing and Redevelopment Authority (the "Hennepin County HRA") is a housing and redevelopment authority created pursuant to Minnesota Statutes, Section 383B.77, has all of the powers and the duties of a housing and redevelopment authority under the Act, including the authority to issue bonds and loan the proceeds of which for certain projects, and is authorized to operate within the territorial boundaries of Hennepin County, Minnesota (the "County"); and WHEREAS, Opportunity Partners, a Minnesota nonprofit corporation (the "Borrower"), is the owner and operator of 17 group homes for the mental and the physically disabled located primarily within the County, and each group home is separately and individually financed by a taxable or a tax-exempt mortgage loan; and WHEREAS, one of the group homes is within the territorial boundaries of the City and is located at 3812 Hampshire Avenue North; and WHEREAS, the Borrower has requested that the Hennepin County HRA issue its tax- exempt revenue bonds and loan the proceeds of such bonds to the Borrower so that the Borrower may consolidate the outstanding mortgage loans into a single loan and to refinance the debt on at tax-exempt bases; NOW, THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL, MINNESOTA AS FOLLOWS: The Authority hereby waives any notice that may have been required by Minnesota Statutes, Section 383B.77, as amended, and hereby acknowledges receipt of notice of the proposal that the Hennepin County HRA finance a project within the area of operation of the Authority. The Authority hereby consents to the Hennepin County HRA's activities within the area of operation of the Authority with respect to the proposed financing; provided that such consent is conditioned on execution of an agreement between the Borrower and the City of Crystal providing for payments in lieu of property taxes related to the property at 3812 Hampshire Avenue North, in a form and with terms that are reasonably acceptable to the City and the Authority. Dated this 17th day of July, 2001, ATTEST: President Secretary Property InformatiOn Search Result (The property information database is updated at the beginning of each month.) Parcel Data for Taxes Payable 2001 Property I D Address Addition Name HOUSE or BUILDING #: 2705 [ STREET NAME: (at least first 3 characters) Ensign Ave N UNIT # (if applicable) Search [ Clear 20 M records per page Construction Year: 1972 Owner Name: Taxpayer Name & Address: Property ID: 19-118-21 34 0019 ?~W M~P J Property Address: 2705 ENSIGN AVE N Municipality Name: NEW HOPE School Dist: 281 Watershed: 0 Sewer Dist: 01 Parcel Size: E76X132X76X138 OPPORTUNITY PARTNERS INC OPPORTUNITY PARTNERS INC 5500 OPPORTUNITY CT MINNETONKA MN 55343 Payment Option$~ Most Current Sales Information Sales prices are reported as listed on the Certificate of Real Estate Value and are not warranted to represent arms-length transactions. Sale Date: April, 1999 Sale Price: $164,900 Transaction Type: Sale Excluded from Assessment Analysis Lot: 018 Block: 001 Metes & Bounds: Tax Parcel Description Addition Name: WEST OAK TERRACE Value and Tax Summary for Taxes Payable 2001 Values Established by Assessor as of January 2, 2000 Estimated Market Value: Limited Market Value: Taxable Market Value: Total Improvement Amount: Total Net Tax: Total Special Assessments: Solid Waste Fee: Total Tax: Property Information Detail .for Taxes Payable 2001 · Values Established by:AsSessor es of January 2, 2000, Values: Land Market Building Market Machinery Market Land Limited Building Limited Qualifying Improvements Property Type Homestead Status Relative Homestead Agricultural Exempt Status Total Market: Total Limited: Classifications: RESIDENTIAL NON-HOMESTEAD EXEMPT Records 1 - 1 of total 1 2526 Questions or problems with this database search should be directed to Don. Kope ~.co.hennepin.mn.us Hennepin County is providing this information as a public service. Please send comments on our Web Site to Henn Net~,co.hennepin.mn.us or use our Feedback Form Sen,,~ces Taxpayer Sen¢ces¢ ,Assessor's Dept. ~,qain Search Copyright © 1998 Hennepin County