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County reclassifies Hy-Vee–adjacent parking lot as taxable after correcting exempt status
Summary
A parcel used as a parking lot by Olive Garden had been treated as exempt in county records; the Assessor's Office corrected the error for tax year 2025 and placed a taxable valuation on the lot, saying Hy‑Vee owns the parcel and Olive Garden had been paying taxes under a private agreement.
Clay County assessment staff told an appeals hearing they corrected a parcel adjacent to the Hy‑Vee in Liberty that had been marked exempt in county records and associated with the Olive Garden parcel. The county said the piece of land is a 2.2‑acre support parking parcel and should be taxed to Hy‑Vee for 2025, with a resulting assessed value of $673,700.
Why it matters: Reclassifying a previously exempt parcel increases the county’s tax roll for the property and changes who receives the tax bill. The county said Olive Garden…
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