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03 - Business/Industrial Park Expansion
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04-8-2008 Special EDC Meeting
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03 - Business/Industrial Park Expansion
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INDUSTRIAL PARK ANALYSIS <br /> Pequot Lakes Pay 2007 Pequot Lakes Pay 2008 <br /> Est.Property Tax Rate 117.452% 109.315% <br /> Estimated Based on CWC,ISD186,Pequot Lakes& Estimated Based on CWC,ISD186,Pequot Lakes&Special <br /> Tax Calculations Special(Pequot Lakes HRA&Region 5) (Pequot Lakes HRA&Region 5) <br /> Est.Commercial State Tax Rate 49.000% 49.000% <br /> Total Tax Rate in a Commercial Setting 166.452% 158.315% <br /> Industrial Park Pricing <br /> (Includes Assessments) $30,000/acre $30,000/acre <br /> Water/Wastewater Charge per Month <br /> Based on 150000 Gallons per Month $1,733.50 $1,846.55 <br /> Water/Wastewater Charge per Year <br /> Based on 150000 Gallons per Month $20,802.00 $22,158.60 <br /> $16.00 for 1st 2000 Gallons+$6.00 per 1000 Gallons $18.00 for 1st 5000 Gallons+$6.00 per 1000 Gallons there <br /> Water Calculations there after after <br /> $15.50 for 1st 2000 Gallons+$5.50 per 1000 Gallons $17.50 for 1st 5000 Gallons+$6.49 per 1000 Gallons there <br /> Sewer Calculations there after after <br /> WAC/SAC Fee 1$4,900/$4,900=$9,800 1$2,130/$7,800=$9,930 <br />
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