NOTICE IS HEREBY GIVEN that the Lake County Board of Commissioners will hold a public hearing on Monday, April 8th, 2024 at 7:00 p.m., at the William Kelly School Library in Silver Bay relating to the use of property tax abatement for grants made under the Silver Bay New Home Grant Program and as outlined in the Silver Bay Cooperative Abatement Plan. City Abatements together with abatement contributions from the City and School will fund $124,042 in grants, pursuant to Minnesota Statutes, Section 469.1812 to 469.1815, inclusive, as amended. The total amount of County tax abatements will not exceed a total of $36,060 and will be collected over a period of ten (10) years, commencing with taxes payable in 2025. The following tax parcels are proposed to be included in the proposed tax abatement:
22-7551-02020 22-7401-30020
Copies of the Abatement Resolution as proposed to be adopted will be on file and available for public inspection at the Lake County Courthouse.
All interested persons may appear at the hearings and present their views orally or in writing.
BY ORDER OF COUNTY BOARD
/s/
Clerk to the County Board
