STATE OF MINNESOTA
NOTICE OF PUBLIC HEARING ON APPROVAL OF PROPERTY TAX ABATEMENT
NOTICE IS HEREBY GIVEN that the City Council of the City of Lanesboro, Minnesota, will hold a public hearing on Wednesday, September 7, 2022, at 6:00 p.m., at the Lanesboro Community Center, located at 202 Parkway Avenue North, in the City of Lanesboro, Minnesota, relating to the use of property tax abatement to assist with site and redevelopment expenses associated with renovating the old Methodist Church building (located at 505 Parkway Avenue South) into a new housing development, pursuant to Minnesota Statutes, Section 469.1812 to 469.1815, inclusive, as amended.
The Tax Abatement is limited to the City taxes paid by the parcels noted below. The Tax Abatement is also limited to $125,000 collected over ten years commencing with taxes payable 2023. The following tax parcels are to be included in the proposed tax abatement:
Copies of the Abatement Resolution as proposed to be adopted will be on file and available for public inspection at the office of the City Administrator-Clerk at City Hall.
All interested persons may appear at the hearings and present their view orally or in writing.
Dated: August 1, 2022
BY ORDER OF THE CITY COUNCIL
/s/ Michele Peterson