NOTICE OF PUBLIC HEARING TO CONSIDER GRANTING A PROPOSED PROPERTY TAX ABATEMENT

NOTICE OF PUBLIC HEARING TO CONSIDER GRANTING
A PROPOSED PROPERTY
TAX ABATEMENT
NOTICE IS HEREBY GIVEN that the School Board of Independent School District No. 2171 (Kittson Central Public Schools), Hallock, Minnesota (the “District”) will hold a public hearing on June 22, 2020, at approximately 8:00 o’clock p.m., in the Kittson Central Auditorium, to consider granting an abatement of certain property taxes levied against net tax capacity imposed by the District (the “Proposed Property Tax Abatement”) for taxes payable in 2021 through 2025 on the following properties within the District boundaries:
Property ID Nos.
27.060342
04.131474
The purpose of granting the Proposed Property Tax Abatement is to provide funds to finance construction of and improvements to parking lots districtwide.  The total estimated amount of the Proposed Property Tax Abatement by the District is $254,599 over five (5) years, an amount estimated to be sufficient to pay the principal and interest on $215,000 of bonds issued to finance the parking lot projects, and related financing costs.
All who wish to be heard as to the Proposed Property Tax Abatement will be given an opportunity to express their views at the time of the public hearing or may file written comments with the Superintendent prior to the public hearing.
May 27, 2020                /s/ Mark Johnson
Clerk
Independent School District No. 2171
(Kittson Central Public Schools)
Hallock, Minnesota
(June 3, 2020)