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City of Ramsey <br /> <br />15153 NOWTHEN BOULEVARD N.W., RAMSEY, MINNESOTA 55303 · (6121 427-1410 <br /> <br />14, 1987 <br /> <br />The ~onorable Bill Schre~ber <br />K[nne~ Bouse of Representatives <br />State Offioe Building, l%o¢m 267 <br />St. Paul, ~l~ 55155 <br /> <br />Dear Representative Schreiber: <br /> <br />The Remsey Econc~c Develc~ment Cc~nission is very concerned with <br />the impact of the state's commercial and industrial property tax <br />rates cm the business climate ~n Minnesota. <br /> <br />As you probably know, am311/medi~ businesses are the basis of the <br />local and state economy. These businesses also provide the <br />majority of employment opportunities in the state. Due to the <br />state's property tax structure, these businesses are burdened <br />with a disproportionate share of property taxes compared to <br />residential property taxpayers. <br /> <br />In addition, the taxes on unimproved platted commercial or <br />industrial land are also prohibitively ktgh. The state should <br />encourage the platting of raw commercial and industrial land to <br />allow for orderly develo~aent. However, the tax burden on such <br />property if the lots are not improved (developed) almost <br />iaz~iately is far too high. <br /> <br />We feel that major reform of the state's property tax system is <br />imperative, especially those taxes on commercial and industrial <br />properties. This issue must be addressed this legislative <br />session if the economic viability of the state is to be <br />preserved. <br /> <br />you for your time, consideration and action on this issue. <br /> <br />Also, many thanks for taking the time to come out to address the <br />Anoka-]~m~=y. (~amber of ~rce last sam~r. <br /> <br />Yours truly, <br /> <br /> <br />