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Council approves tax abatement request tied to newly built Hummel home
Summary
The council approved Resolution 26‑22 to refund the city share of increased real estate taxes for Jon and Kylla Hummel related to a new home; the requested refund was $4,311.51 and staff noted 93.898% of the increased value was attributable to improvements rather than land.
Lakefield’s City Council on July 6 approved a tax‑abatement agreement with Jon and Kylla Hummel that refunds the city share of increased real estate taxes attributable to a newly constructed home.
The minutes record the requested abatement amount as $4,311.51 and state that staff calculated 93.898% of the increased property value as attributable to improvements (not land). The motion to approve Resolution 26‑22 passed unanimously (mover: Jeff Paplow; second: Heather Hussong‑Reasoner). The council directed the Finance/Assessor office to process the refund.
