Baxter, Mills Properties reach settlement on assessment - Brainerd Dispatch | News, weather, sports from Brainerd and Baxter
Brainerddispatch
Baxter and Mills Properties settle a $233,921.54 special assessment dispute, reducing it to $140,000 with interest.Summary
The city of Baxter and Mills Property Investments reached a settlement regarding a special assessment of $233,921.54 plus interest for a property along Design and Dellwood roads. The assessment was reduced to $140,000 after an appeal, with payments spread over 11 years at 5.05% interest. The settlement resolved legal challenges about the assessment's validity, dismissing the appeal without costs or fees. The project involved stormwater and sewer improvements to address flooding, funded primarily by federal and state sources.
(Source：Brainerddispatch)