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<br />~H~ <br /> <br />Dakota Ag Cooperative 701.428.3134 <br />P. O. Box 265 Kindred, ND 58051 701.428.3137 fax <br />c;~~'~it~~~;'(5i;i;; CitY'. HalW~;t:'H";;;;~;:'G~j~h~tt':"Ki~d;;r;'M~~;;;;:W~tF;;g;7wY;;;;;-~---~'~""'''''' <br /> <br />RECEIVED <br /> <br />September 27,2005 <br /> <br />OCT 7 2005 <br /> <br />~ <br />c:.." <br />t:::) (") <br />CJ l> <br />---i en <br /> en;:o <br />,~ C)rTJ <br />00 <br />-0 )>!2! <br />:3 c:::'<" <br />orTJ <br />..... - 0 <br />r'\) ......; <br />0 <br />C....> ==9 <br />..u, <br /> <br />CASS COUNTY COMMISSJON <br /> <br />Cass County Commissioners <br />C/O Cass County Auditor <br /> <br />Dear County Commissioners; <br /> <br />Thank you for your consideration of our application for tax relief on the building project at Dakota Ag <br />Cooperative South of the City of Kindred. <br /> <br />This application was submitted based on the following. In 2002 Dakota Ag Cooperative purchased the grain <br />facility from a producer and renovated it with high-speed machinery. We also added a load out system that <br />would allow us to receive, condition and ship grain in 110 rail car shuttle trains. In order to capture the <br />freight savings offered by the BNSF these trains have to be loaded in a short period of time. <br /> <br />The purchase and renovation of this facility resulted in a property valuation increase and placed the property <br />on the tax roles, changing the status of the property from exempt farmstead to taxable commercial property. <br />Our annual tax liability on this property is $20,593.79. <br /> <br />Dakota Ag Cooperative did not ask for tax relief at the time of the purchase and renovation, because there <br />were economics in freight savings that supported the purchase and renovation of the property. Weare now <br />in need of additional space to receipt, condition and ship the production of our producers. Because we are <br />adding to our capacity for reasons other than freight rate savings, the projections of income verses expenses <br />are not as favorable as when we initially geared up the original facility to load the shuttle trains. <br /> <br />Our projection shows that this project will foster long term economic opportunities for our producers <br />through access to expanded markets for their production. We also project to add positions and secure current <br />ones to receive, condition and ship the additional bushels derived from this expansion project. <br /> <br />For these reasons we respectively ask the Cass County Commissioners grant, Dakota Ag Cooperative the tax <br />relief applied for under chapter 40-57.1 (tax exemptions for new and expanding businesses) in the North <br />Dakota Century Code. <br /> <br /> <br />NIj\jr/-c..v~ <br />