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06-09-25 - Council Meeting Agenda
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06-09-25 - Council Meeting Agenda
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6/12/2025 9:46:34 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/09/2025
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />PRINCIPAL PROPERTY TAXPAYERS Table 7 <br />Current Year and Nine Years Ago <br />Percentage Percentage <br />of Total City of Total City <br />Taxable Taxable Taxable Taxable <br />Net Tax Net Tax Net Tax Net Tax <br />Taxpayer Capacity Rank Capacity Capacity Rank Capacity <br />OIVF III Clearwater, LLC $760,180 1 1.96% -$ - <br />Biynah MN WI LLC 491,824 2 1.27% - - <br />Target Corporation 292,628 3 0.75% 201,790 1 1.10% <br />Minnegasco Inc 285,708 4 0.74% - 0.00% <br />Gargaro Properties LLC 274,946 5 0.71% 85,130 7 0.46% <br />US Home LLC 244,594 6 0.63% - 0.00% <br />Lynglomsten at Lino Lakes, LLC 221,924 7 0.57% - 0.00% <br />Marmon/Keystone Corp 176,702 8 0.45% 73,342 8 0.40% <br />Tomas Commercial Real Estate Holdings LLC 158,352 9 0.41% - 0.00% <br />Kohls Illinois Inc 131,744 10 0.34% 96,836 6 0.53% <br />Xcel Energy - - 186,413 2 1.02% <br />Lino Lakes Realty LLC - - 175,742 3 0.96% <br />Molin Concrete Products - - 106,606 4 0.58% <br />Taylor Corporation - - 97,498 5 0.53% <br />Centerpoint Energy - - 69,458 9 0.38% <br />Lino Lakes Business Center LLC - - 56,928 10 0.31% <br /> Total $3,038,602 7.82% $1,149,743 6.27% <br />Source: Anoka County <br />2024 2015 <br />149 <br />Page 185 of 353
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