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COPY <br /> <br />Pl~,dng Commission <br />City of H~stings <br />I-L~s ting s, Mi,~esota <br /> <br />Re: Proposed Trailer Court <br /> <br />Gentlemen: <br /> <br /> · The tmdersigned were appointed as & sub~cornmittee Planning <br />Commission to inquire into the proposed establishment of a trailer court <br />on East 8th Street of Plastlngs; Min~esOtao The following action was taken~ <br />and the following, conclusions arrived at by this sub-committee. <br /> <br /> The sub-committee, along with l~[ro William Pechacek. proponent <br />of the trailer court, and City Clerk, Wallace Erickaon~ met at the site on <br />Saturday, December 4th. A detailed discussion occurred and the matter <br />was thoroughly discussed with lviro Pechacek. Since that time the sub~ <br />committee has further looked into matters relating to the propossd trailer <br />park, has discussed it with 1Vlro Davidson of the City Engineering Departments <br />The sub-cornmittee again met with Mr° Pechacek on December 10s 1965 to <br />discuss the matter. <br /> <br /> The proposed trailer park location is immediately south of East 8th <br />Street and immediately east of the railroad tracks. The Pl~ing Commission <br />has at its disposal a plat of the properties° <br /> <br /> TAXATION. The question of tax revenue from the project was discussed,, <br />It appears that the real estate and improvements thereto will be taxed as other <br />real estate within the City. Hence the improvement would increase the real <br />estate tax revenue derived from the property. It is presently unimproved <br />property. The mobile home which will be located on the property will be <br />required to pay a personal property tax. This tax is paid directly to the State <br />o£ Minnesota in an amount determined on a sliding scale based on the valuation o[ <br />respective units. The personal property tax received by t~e State is distributed <br />as follows: 10% remains with the State; 50% is returned to the School District whe~.e <br />the trailer court is located; 30% is returned to the M,,~icipality wherein the trailer <br />court ia located, and 10% is returned to the County wherein the trailer court is <br />located. The refunds to the respective municipal units are made on a <br />basis, <br /> <br /> <br />