Weather Forecast

Close
Advertisement
Torgerson Properties has said a project slated to begin this spring at the Holiday Inn/Comfort Inn complex in Willmar will add 30 jobs. Tribune photo by Ron Adams

Taxes would be frozen at 2013 value

Email

WILLMAR — If Torgerson Properties’ request for a tax abatement is approved, the company’s property tax would be frozen at the 2013 value of $110,362 a year during the period.

Bruce Peterson, planning and development director estimated the abated portion of the property tax at about $23,000 per year, or about $230,000, over the proposed 10-year period. The abated portion represents the increased value of the property.

The city’s 2013 property tax levy is $4,139,734.

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 subscriberservices@forumcomm.com and we can help you.

Advertisement
David Little
David Little covers the Willmar City Council, Willmar Municipal Utilities and other city news.
(320) 235-1150
Advertisement
Advertisement