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#03 - Audit Presentation
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#03 - Audit Presentation
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8/15/2025 10:18:59 AM
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CITY OF LAKE ELMO, MINNESOTA <br />PRINCIPAL PROPERTY TAXPAYERS <br />CURRENT YEAR AND NINE YEARS AGO <br /> <br /> <br />119 <br />Percentage Percentage <br />of Total of Total <br />Taxable City Tax Taxable City Tax <br />Tax Capacity Tax Capacity <br />Taxpayer Capacity Rank Value Capacity Rank Value <br />CONTINENTAL 483 FUND LLC 892,543$ 1 2.48%-$ - <br />DAKOTA UPREIT LP 322,274$ 2 0.89%179,262$ 3 1.36% <br />BREMER FINANCIAL SERVICES INC 269,252$ 3 0.75%169,652$ 4 1.29% <br />MILL HIGH POINTE LLC 221,980$ 4 0.62%-$ - <br />BOULDER PONDS SENIOR LIVING LLC 217,581$ 5 0.60%-$ - <br />EAGLE POINT MEDICAL BUILDING LLC 216,802$ 6 0.60%-$ - <br />MHC CIMARRON LLC 205,833$ 7 0.57%136,610$ 5 1.04% <br />XCEL ENERGY 202,354$ 8 0.56%223,288$ 1 1.69% <br />LAKE ELMO INDEPENDENT LIVING LLC 193,218$ 9 0.54%-$ - <br />ARBOR GLEN SENIOR LIVING LLC 186,968$ 10 0.52%-$ - <br />IRET Properties -$ - 205,342$ 2 1.56% <br />Norman James LLC 64,976$ 8 0.49% <br />HOA Hotels LLC -$ - 108,150$ 6 0.82% <br />Tartan Park LLC -$ - 100,704$ 7 0.76% <br />Danate Proper Inv I LLC -$ - 59,250$ 10 0.45% <br />Davis Estates LTD -$ - 64,912$ 9 0.49% <br /> Total 2,928,805$ 8.13%1,312,146$ 9.95% <br />Source: Washington County Taxation Division <br />Total Tax Capacity (City)36,027,920 13,181,619 <br />2024 2015 <br />
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