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07-26-1999 Council Packet
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07-26-1999 Council Packet
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CITY OF ORONO, MINNESOTA <br />PropeHy Value, Construction, and Bank Deposits <br />Last Ten Fiscal Years <br />Table 13 I <br />I <br />Commercial <br />Construction (1) <br />Residential <br />Construction (I) <br />Fiscal <br />Year <br />Number <br />of <br />Permits Value <br />Number <br />of <br />Permits Value <br />Estimated Market Value (2) <br />Industrial/ <br />Commercial Residential Non-Taxable <br />Bank <br />Deposits (3) <br />1989 26 S 162,700 360 S 17.416.288 S 16.734.000 S 441.270.880 S S 27.693,000 <br />1990 18 1.537.750 333 14.283.828 18.304,100 486.776.000 -29.031.945 <br />1991 7 489.050 233 6.641.399 21.798.200 552.096.200 <br />-30,796,880 <br />1992 5 322.200 272 14.242.621 22.460.300 582J33.IOO -33,624,000 <br />1993 4 12,300 300 20.916.290 21.656.200 599.912.300 20.939.670 33389.000 <br />1994 9 52.900 308 16.489.721 21.290.500 608.557,500 20.939.670 31,923,000 <br />1995 13 500.467 335 20.695.799 22.579,300 675.081,600 20.939.670 38.819.000 <br />1996 9 3.319.657 375 18.853.407 22.049.000 734.812.400 20.939.670 36389,000 <br />1997 13 855.646 386 20.935.675 22.966.600 788.007,900 20.939,670 42327,000 <br />1998 17 2,111.105 466 24.205.906 23.472.100 <br />846.795.900 64.586,570 40,888,564 <br />Source: <br />(1) City Inspection Department. <br />(2) Hennepin County Assessing Department. Residential includes farms; Non-taxable is valued by the County once every six years. <br />(3 ) As reported to Commercial West by First Bank of the Lakes. <br />-113.
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