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5.1. SR 06-24-2002
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5.1. SR 06-24-2002
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1/21/2008 8:31:49 AM
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6/24/2002 3:21:46 PM
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Page 6 <br /> <br />469.1815 Administrative. <br /> <br /> Subd. 1. Inclusion in proposed and final levies. The political subdivision must add to its <br />levy amount for the current year under sections 275.065 and 275.07 the total estimated amount of all <br />current year abatements granted. The tax amounts shown on the proposed notice under section 275.065, <br />subdivision 3, and on the property tax statement under section 276.04, subdivision 2, are the total <br />amounts before the reduction of any abatements that will be granted on the property. <br /> <br /> Subd. 2. Property taxes; abatement payment. The total property taxes shall be levied on the <br />property and shall be due and payable to the county at the times provided under section 279.01. The <br />political subdivision will pay the abatement to the property owner, lessee, or a representative of the <br />bondholders or will retain the abatement to pay public infrastructure costs, as provided by the abatement <br />resolution. <br /> <br /> <br />
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