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K & K Sharp, LLC <br />10907-93rd Avenue North <br />r~apie isrove, r~i~155369-4199 <br />March 4, 2010 <br />Ramsey City Mayor and Council <br />City of Ramsey <br />7550 Sunwood Drive <br />Ramsey, MN 55303 <br />RE: Letters received from Bill Goodrich pertaining to increased <br />taxes for 6701 and 6745 Hwy 10 in Ramsey. <br />Dear Mr. Mayor and Council <br />I have just recently pulled a property account summary for the above <br />referenced properties which I rent from the City of Ramsey because I <br />was astonished at the increase in taxes, as reflected by Mr. Goodrich's <br />letters. All of the properties that I have an interest in have not <br />shown anywhere near these increases in values or taxes. <br />When I agreed to lease these properties in 2006 I was told that the <br />City only wanted to cover their expenses because any excess would be <br />turned over to the state Highway Dept, with the land, sometime in the <br />future. I assume this is true. I was also told that in the hands of the <br />City, there are no real estate taxes, which have turned out to be false. <br />The City Council in 2008 decided we should pay our share of the <br />taxes based on the value of the portion of the buildings we leased. <br />This is the normal way most property leases are handled but contrary <br />to the lease we have signed with the City, which was thoroughly <br />discussed and drafted by the City Attorney. <br />PHONE (763) 424-6520 <br />FAX (763) 425-6428 <br />