Appleton, Minn., prison gets $7.5 million cut in value
BENSON -- The market value of the privately owned Prairie Correctional Facility in Appleton -- its prison beds empty for nearly 2½ years -- has been reduced by $7.5 million to a new value of $14 million.
The reduction was approved Tuesday night by the Swift County Board of Equalization.
But even that large reduction may not be enough to prevent the pri-son's owner, Corrections Co-rporation of America, from seeking even greater tax relief by means of an appeal to the state.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.