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<br /> <br /> <br />eferendum continued from page I <br /> <br />The estimated tax increase on property values is listed <br />below. The YMCA intends to pay one-third of the debt. <br />The right hand column is the reduced tax increase based <br />on the YMCA paying one-third. <br /> <br />x <br /> <br />Type of <br />Property <br /> <br />Taxable Annual YMCA <br />Market Value Tax Increase Payment <br />100,000 51.51 17.00 <br />150,000 77.26 25.50 <br />200,000 103.01 33.99 <br />225,000 115.89 38.24 <br />250,000 128.77 42.49 <br />275,000 141.64 46.74 <br />300,000 154.52 50.99 <br />350,000 180.27 59.49 <br />100,000 51.51 17.00 <br />200,000 103.01 33.99 <br />300,000 154.52 50.99 <br />400,000 206.03 67.99 <br />500,000 257.53 84.98 <br />750,000 386.30 127.48 <br />1,000,000 515.07 167.97 <br /> <br />Tax Increase with <br />YMCA Payment <br /> <br />Residential <br />Homestead <br /> <br />34.51 <br />51.76 <br />69.02 <br />77.65 <br />86.28 <br />94.90 <br />103.53 <br />120.78 <br /> <br />34.51 <br />69.02 <br />103.53 <br />138.04 <br />172.55 <br />258.82 <br />345.10 <br /> <br />Commercial <br />Industrial <br /> <br />Agricultural 150,000 51.51 17.00 <br />Homestead* 250,000 51.51 17,00 <br />350,000 51.51 17.00 <br />500,000 51.51 17.00 <br />*Assumes house, garage, and one acre valued at $100,000 <br /> <br />34.51 <br />34.51 <br />34.51 <br />35.51 <br /> <br />Agricultural 800 0 <br />Non-Homestead 1,000 0 <br />(doUars per acre) 1,200 0 <br />Seasonal 100,000 0 <br />Recreational 200,000 0 <br />Residential 350,000 0 <br /> <br />The YMCA will charge membership fees and offer pro- <br />grams similar to other suburban YMCA's. Residents may <br />receive a one-time waiver of up to $79 of membership <br />joining fee, periodic family events at a nominal cost, and <br />four guest passes per household per year. <br />Please vote on September 12. If you are not sure where <br />to vote call 763.241.2861. If you need assistance to vote <br />call 763.241.2861. Also note, there are two pages of <br />Election information in this newsletter. <br /> <br />7th Annual Family Fright Night at <br /> <br />Pinewood Golf Course <br />Saturday, October 28, 5-9 pm <br /> <br />Sign up at www.emr.OHr to participate <br />To volunteer call Parks & Recreation at 763.635.1 150 <br /> <br />4 <br /> <br />~ <br /> <br />River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />