3a. Tax Equalization Board reconvenes
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3a. Tax Equalization Board reconvenes
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<br />E. ROCKING H "COLD" STORAGE BUILDINGS VALUES ARE NOT $18.00+/sq ft, <br />BASED ON THE FOLLOWING: <br /> <br />1. Fargo Storage on 52nd Ave South, has 6 buildings, 2007 City of Fargo Value for <br />Improvements is $525,700.00....That's less than $100k per bldg...(there is no square footage <br />on the assessment, a measurements of the buildings produced the approx square footage- <br />5 - bldgs at 160'x45', 1- bldg at 285'x60', and one two story office/climate control storage at <br />2,025 sq ft, total square footage is 55,125 or $9.S3/sQ ft.! <br />2. Construction Costs: <br />a. Building 5 - Steel, erection, site, doors = $123,920.00 or $11.47/sq ft; NOT $191,800. <br />b. Building 6 - Steel, erection, site, doors = $95,559.00 or $11.80/sq ft; NOT $147,000. <br />c. Building 7 - Steel, erection, site, doors = $85,616.00 or $17.54/sq ft; NOT $ 95,900. <br />d. Building 9 - Steel, erection, site, doors, hvac = $202,768 or $21.07/sq ft;NOT $290,000 <br />
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