[Mpls] IDS tower sold
Steve Brandt
sbrandt at startribune.com
Fri Nov 12 12:58:24 CST 2004
Tim Bonham raises the question of his mother's agricultural land, and
how to protect it from the encroaching taxation impact of urbanized
development.
In Minnesota, there have been two devices to help rural landowners in
such situations. One, known as the Green Acres law, allows people to
defer taxation until the conversion of their land to agricultural use
actually occurs. Here's a site where you can learn more about it:
http://www.co.stearns.mn.us/departments/assessor/greenacres.htm
There also is a Metropolitan Agricultural Preserves program for the
metro area that had similar intent. It is run by the Metro Council.
For more information, see Minn. Stat. 473H.
If anyone on this List is able to make use of either of these
programs within the city limits, call me. It would be an impressive
feat.
Steve Brandt
Erstwhile farm reporter, 1981-1987
Kingfield
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