The NDDC E R Team (Economic Restructuring Committee) met with State Senator Kevin Dahle yesterday to talk about commercial property taxes. Our discussion focused on legislative action for 2010. (more…)
Well, I only went with 4 Mbps. However, I understand that a number of downtown businesses have gone with 10 Mbps and one business is at 50 Mbps.
100 Mbps to your desktop IS available to businesses in Downtown Northfield.
The NDDC switched over to the St. Olaf Telephone company late last week. Here is their Jack-of-all-trades, Jeremy Bokman, installing the new line.
I’m not anything near an expert on this topic. What I understand is that you can get internet service that is as fast as anything available in the world…in Downtown Northfield.
…at least on their drinks.
Last Friday a number of Commercial Property Owners in Downtown Northfield took advantage of the half-priced drinks for anyone bringing in their tax statements to several local establishments. A few of them posed for a photo in Bridge Square.
As many of you are aware, commercial property taxes in downtown Northfield have risen over 30% a year for the past seven years or so; the total increase since 2000 is well over 200%. With rents remaining stable, there is no longer sufficient cash flow to address building operating expenses, much less maintenance and improvements.
The tax payment due-date confirmed this grim reality. The dozen or so commercial property owners with whom I spoke last week all had to either draw down their savings or borrow money from the bank to pay their tax bills.
The situation is not economically sustainable. Our architectural, commercial, and cultural health, heritage, and hope is at risk.
…at least this Friday.
The Northfield Downtown Development Corporation (NDDC) is pleased to announce Commercial Property Taxpayer’s Specials, Friday, May 15th from 4 p.m. to 6 p.m., at select establishments in historic downtown Northfield. Bring your commercial property tax statement in for a 50% discount on beverages. It’ll be the best deal that commercial property owners are likely to get on this day. (more…)
The Northfield Downtown Development Corporation (NDDC) would like to thank Representative Bly and Senator Dahle for introducing bills at the State Legislature that are intended to address the commercial property tax situation in downtown Northfield. It is encouraging for us to see some action on this issue that has such a significant impact for so many building and business owners in downtown. (more…)
