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County sets public hearing for tax exemption ordinance

Hearing is July 31

July 10, 2012
By Michael Tidemann - Staff Writer , Estherville Daily News

The Emmet County Board of Supervisors at its meeting Tuesday received and reviewed an ordinance that would let the county give a partial property tax exemption for a $9 million feed manufacturing facility in Halfa.

According to Emmet County Attorney Doug Hansen, the county ordinance is based on state statute. While the county - if it so opted - wanted to give less of an exemption, it could. However, Hansen said the county could not give more of an exemption that what is allowed under state law.

The provided exemptions are:

n First year - 75 percent.

n Second year - 60 percent.

n Third year - 45 percent.

n Fourth year - 30 percent.

n Fifth year - 15 percent.

The ordinance would apply to the actual value added to "industrial real estate by the new construction of industrial real estated, are research-service facilities, warehouses, distribution centers and the acquisition of or improvement to machinery and equipment assessed as real estate . . . "

Hansen said the board needed to determine if it wanted to go through with the ordinance and to set a time for a public hearing. He said three readings would be required with the public hearing no more than 20 days nor less than four days from the ordinance publication date.

The board decided on a public hearing 10 a.m. Tuesday, July 31. Hansen said the soonest the ordinance could be adopted would be 30 days after the public hearing.



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