More precisely, Westdale Mall – the part of the Mall offered to the County for $18.5M on 1 December 2008 – is now assessed at $18,387,392 per a district court decision.
Previously, the Mall had been assessed at $24,204,820.
The new assessment values are effective 1 June 2009 for the 1 January 2008 assessment year.
Click here to see a map of the Mall and the changes in the assessed values of the individual parcels affected by the court decision.
Map by John A. Adams – Property Tax Manager – Office of Auditor
June 2, 2009 at 18:27 |
By the way, the land and building comprising Steve & Barrys aka Montgomery Wards aka Linn County West were assessed at $2,419,487 in 2009 and purchased for $3,500,000 on 13 February 2007.
Source: http://www.cedar-rapids.org/assessor/pmc/
GPN: 133647600700000
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June 4, 2009 at 08:21 |
And they will spend $28,000 to pat themselves on the back but refuse to erect a sign identifying them as Linn County. Nice.
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