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06-02-25 - Council Work Session Agenda
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06-02-25 - Council Work Session Agenda
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5/28/2025 4:29:18 PM
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5/28/2025 4:07:15 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/02/2025
Council Meeting Type
Work Session Regular
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CITY OF LINO LAKES, MINNESOTA <br />PRINCIPAL PROPERTY TAXPAYERS <br />Current Year and Nine Years Ago <br />Taxable <br />Net Tax <br />Taxpayer <br />Capacity <br />OIVF III Clearwater, LLC <br />$760,180 <br />Biynah MN WI LLC <br />491,824 <br />Target Corporation <br />292,628 <br />Minnegasco Inc <br />285,708 <br />Gargaro Properties LLC <br />274,946 <br />US Home LLC <br />244,594 <br />Lynglomsten at Lino Lakes, LLC <br />221,924 <br />Marmon/Keystone Corp <br />176,702 <br />Tomas Commercial Real Estate Holdings LLC <br />158,352 <br />Kohls Illinois Inc <br />131,744 <br />Xcel Energy <br />- <br />Lino Lakes Realty LLC <br />- <br />Molin Concrete Products <br />- <br />Taylor Corporation <br />- <br />Centerpoint Energy <br />- <br />Lino Lakes Business Center LLC <br />- <br />Total $3,038,602 <br />Source: Anoka County <br />Table 7 <br />2024 <br />2015 <br />Percentage <br />Percentage <br />of Total City <br />of Total City <br />Taxable <br />Taxable <br />Taxable <br />Net Tax <br />Net Tax <br />Net Tax <br />Rank <br />Capacity <br />Capacity <br />Rank <br />Capacity <br />1 <br />1.96% <br />$ - <br />- <br />2 <br />1.27% <br />- <br />- <br />3 <br />0.75% <br />201,790 <br />1 <br />1.10% <br />4 <br />0.74% <br />- <br />0.00% <br />5 <br />0.71% <br />85,130 <br />7 <br />0.46% <br />6 <br />0.63% <br />- <br />0.00% <br />7 <br />0.57% <br />- <br />0.00% <br />8 <br />0.45% <br />73,342 <br />8 <br />0.40% <br />9 <br />0.41% <br />- <br />0.00% <br />10 <br />0.34% <br />96,836 <br />6 <br />0.53% <br />- <br />186,413 <br />2 <br />1.02% <br />- <br />175,742 <br />3 <br />0.96% <br />- <br />106,606 <br />4 <br />0.58% <br />- <br />97,498 <br />5 <br />0.53% <br />- <br />69,458 <br />9 <br />0.38% <br />- <br />56,928 <br />10 <br />0.31% <br />7.82% <br />$1,149,743 <br />6.27% <br />149 <br />
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