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10.02 - Urban-Rural Taxing Districts Study
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10.02 - Urban-Rural Taxing Districts Study
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1/8/2014 8:36:19 AM
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City of <br />Pequot <br />Lakes - <br />AGENDA ITEM #10.2 <br />REPORT TO <br />CITY COUNCIL <br />Report Prepared by: <br />Date: Apri12, 2013 <br />Subiect: Urban-Rural Taxing Districts Study <br />Report: The EDC is in the process of studying the <br />differential in the City's urban and rural taxing districts. At <br />the last meeting the EDC recommended that the City <br />request Springsted to provide a quote for completing an <br />analysis and study of the two districts with the concept of <br />combining the two districts. <br />Springsted has provided a quote with a couple of different <br />options. The EDC has proposed that the service they would <br />like to start with is to find the impact that combining the tax <br />districts would have on properties in the City. The cost for <br />this service is $1,500. <br />The EDC authorized up to $4,000, providing the Council <br />approves the recommendation. If the Council does approve <br />
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