Nykamp tax abatement hearing Nov. 8

Nykamp tax abatement
hearing Nov. 8
 Public Hearing
Rock Home Initiative Abatement Request
A public hearing is hereby scheduled at 9:00 A.M. on November 08, 2022
at the Herreid Board meeting room, located at the Rock County Courthouse, 204 E. Brown Street, Luverne, Minnesota to be held on a proposed property tax abatement request from Alex and Sharon Nykamp, pursuant to Minnesota Statute 469.1813 and 116J.993 through 116J.995 consisting of new home construction with following location:  
 
Parcel 01-0068-100 in 15-104-11 of Battle Plain Township
 
It has been proposed that the Board of Commissioners of the County of Rock grant a Property Tax Abatement on this property in an amount not to exceed 100 percent (%) of the County’s portion of the real estate taxes related to new residential home construction on the subject properties for a period not to exceed five (5) years. The estimated value of abatement is approximately: 
$809.23 annually 
$4,046.15 total abatement for five years. 
This Board will hold a public hearing on the proposed Property Tax Abatement as required by Minnesota Statutes, Section 469.1813, subdivision 5. The proposed abatement percentage and terms may be modified at the public hearing.
      Kyle Oldre County Administrator
(11-03)