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ITEM 5.1 ADDNcity of 125 Pinecone Road North Sartell, N1N 56377 Phone (32.0) 253-2171 * Fax (320) 253-3337 -www.sartellmn.corn Rick Schultz PO Box794 St Cloud, MN 56302 Re: Victory Court Apartments October 11, 2019 To Whom It May Concern: I am referencing the above property owner of an apartment complex in the City of Sartell. His apartment complex Victory Court Apartments is one of several luxury apartment complexes in the city, and a much sought out place to live. From the facilities grounds, to the interior of the buildings Mr. Schultz and his staff do an excellent job of professionally maintaining these properties. I conduct property maintenance inspections on Mr. Schultz's apartment complexes with outstanding results. When an issue does arise Mr. Schultz is very prompt on correcting the issue. Mr. Schultz and his staff are always available to his resident's needs and questions. I have heard numerous positive comments from his residents in regards to Mr. Schultz and his staff in managing the apartment complex. In my opinion Mr. Schultz and his staff go above and beyond most other apartment complexes in the area, to snake his property a place people want to live and raise families. Mr. Schultz is a very important asset to the City of Sartell and your city would be very fortunate to have Mr. Schultz as a property owner and manager in your area. Respectfully, 4 &/ 1447 Xv Butch Rieland City of Sartell 125 Pinecone Road North Sartell, MN 56377 RE: Tax Estimate To Whom It May Concern: Robert J. Hiivala Wright County Auditor / Treasurer Wright County Government Center 10 2nd Street N.W. Room 230 Buffalo, MN 55313-1195 Phone: (763) 682-7578 FAX: (763) 682-7873 October 14, 2019 This estimate is for PID 118-252-004010 located in Otsego, MN. The following tax estimates are based on 2019 tax rates, a classification of Residential 4+units, and estimated market values that you provided to this office. For an estimated market value of 35,000,000, the taxes are estimated to be $563,246.00 for the year. For an estimated market value of 27,000,000, the taxes are estimated to be 434,504.00 for the year. Please note that this estimate does not include any current or future special assessments that may be added to the tax statement. Sincerely, Lindsay Salo Taxation Process Specialist Wright County Auditor/Treasurer's Office 10 2nd St. NW, Room 230 Buffalo, MN 55313 (763) 682-7584 lindsay.salo@co.wright.mn.us 10/14/2019 Mail - Central Minnesota Properties - Outlook RE: tax estimate Lindsay Salo <Lindsay.Salo@co.wright.mn.us> Thu 10/10/2019 4:29 PM To: Central Minnesota Properties <mnproperties@hotmail.com> H! Eric - Based on the estimates I calculated (using the 2019 tax rates) the breakdown between city, county, and school would be as follows: For a value of 27,000,000: City tax: 121,703 County tax: 149,421 School tax: 163,380 Total tax: 434,504 For a value of 35,000,000: City tax: 157,763 County tax: 193,694 School tax: 211,789 Total tax: 563,246 Have a great evening! Lindsay ay . Salo • Taxation Process Specialist WRIGHT COUNTY, MINNESOTA: AUDITOR/TREASURER'S OFFICE direct: (763) 682-7584 - fax: (763) 682-7873 Government Center, 10 2nd St. NW, Room 230, Buffalo, MN 55313 ti wvnv—q-0-A right�rnn__ us RZ `i From: Central Minnesota Properties <mnproperties@hotmail.com> Sent: Thursday, October 10, 2019 1:18 PM To: Lindsay Salo <Lindsay.Salo@co.wright.mn.us> Subject: Re: tax estimate Hello Lindsay, Is there anyway to know approximately what the city will receive from numbers you provided . Thank you once again Eric Sent from my iPhnnn