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City of Ramsey <br /> <br />15153 NOWTHEN BOULEVARD N.W., RAMSEY, MINNESOTA 65303 · (612) 427-1410 <br /> <br />January 14, 1987 <br /> <br />The Bonorable Greg Dab1 <br />Minnesota Senate <br />ILl Capitol <br />St. Paul, MN 55155 <br /> <br />Dear Senator Dahl: <br /> <br />The l~msey Econcmic Development Cc~ission is very concerned with <br />the in~act of the state's commercial and industrial property tax <br />rates on the Imsiness climate in Minnesota. <br /> <br />As you probably kn~, small/mediu~ businesses are the basis of the <br />local and state econom~. 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 high. The state should <br />enoourage the platting of raw commercial and industrial land to <br />all(~ for orderly development. However, the tax burden on such <br />property if the lots are not improved (developed) almost <br />i~z~liately 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 />The Commission would like to meet with you at your convenience to <br />discuss this and other issues of concern to us. Thank you for <br />your time and consideration; we look forward to working with you. <br /> <br />Yours truly, <br /> <br />~ EOlOllC IVl~)i (DMMI~ION <br /> <br /> <br />