April 15, 2013

City of Kasson offers to send property tax money from Mayo back to Mayo

By Logan Lafferty

As the Legislature struggles with a request from the Mayo Clinic in Rochester for a giant state subsidy to help its expansion, the tiny city of Kasson, pop. 5,978, is stepping up to the plate. There is a Mayo Family Clinic in Kasson that pays property taxes to the city, but a TIF district allows the city to use the money for infrastructure to support the facility, says the Rochester Post-Bulletin. The Kasson City Council passed a resolution this week saying it's willing to send that money — $700,000 over 20 years — back to Rochester to support the big Mayo Clinic Destination Medical Center proposal.

Additional Coverage: KIMT


MinnPost by Joe Kimball

Tags: destination medical center, DMC, Expansion, Finanical, Kasson, Kasson City Council, Mayo Clinic Rochester, Mayo Family Clinic, Minnesota Legislature, MinnPost, property tax, state subsidy

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