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1993-12-20 Vacant lots letterJNTv p� 7850 Linda Houghton, City Clerk City of Albertville P.O. Box 131 Albertville, MN 55301 DOUGLAS M. GRUBER Wright County Assessor Wright County Government Center 10 N.W. 2nd Street Buffalo, Minnesota 55313-1193 Phone: (612) 682-7367 / (612) 682-7368 Metro: (612) 339-6881 FAX: (612) 682-6178 December 20, 1993 Re: Vacant Commercial/Industrial Lots Located in Barthels Industrial Park Dear Linda: The c I ass i f i cat i on of a parce I i s based on the current use of a property. In this situation, the current use is agricultural even though the highest and best use would tend to be otherwise. iThe "Green Acres" law permits certain agricultural properties to pay property taxes based on agricultural value rather than the estimated market value. The property taxes are considerably less on a property with an agricultural classification receiving "Green Acres" than commercial/industrial property with taxes based from estimated market value. If you have any questions, please call. Sincerely, 1 Gregory A. Kramber Property Appraiser GAK/ga LJ Equal Opportunity / Affirmative Action Employer