Value of two commercial parcels lowered after recommendation by assessor
Two commercial properties in Park Rapids received a decreased valuation after it was deemed they were too high.
The Park Rapids local board of appeal and equalization met last week to approve recommended changes to appeals within the city.
Mark Hewitt, representing Dorset Bancshares Inc., parent company of Northwoods Bank, came to the board seeking a lower valuation for some property he acquired through foreclosure.
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