Nicollet County Tax Lawsuit 27 Apr 13

A lawsuit was filed against Nicollet County this week. The Taylor Corporation is suing the county over claims that the company’s property taxes for a facility in North Mankato are greater than the actual value of the property. The company is owned by Timberwolves owner Glen Taylor. According to the 2013 Nicollet County property tax statement, the estimated market value for the Taylor Corporation’s Label Works property on Lookout Drive was nearly $3-million this year. The tax assessments for the property come in at over $110,000, an amount which the company says is unfair compared with other property. The company also claims that the property is incorrectly classified, and that the value and assessment determined by the county assessor is in violation of state law. Nicollet County and the Taylor Corporation are not commenting on the lawsuit at this time, and the case has been referred to tax court. A court date has not yet been set.