1997 Minnesota Statutes

     273.18 Listing, valuation, and assessment of exempt 
  property by county auditors. 

    (a) In every sixth year after the year 1926, the county 
 auditor shall enter, in a separate place in the real estate 
 assessment books, the description of each tract of real property 
 exempt by law from taxation, with the name of the owner, if 
 known, and the assessor shall value and assess the same in the 
 same manner that other real property is valued and assessed, and 
 shall designate in each case the purpose for which the property 
 is used.  

    (b) For purposes of the apportionment of fire state aid 
 under section 69.021, subdivision 7, the county auditor shall 
 include on the abstract of assessment of exempt real property 
 filed under this section, the total number of acres of all 
 natural resources lands for which in lieu payments are made 
 under sections 477A.11 to 477A.14.  The assessor shall estimate 
 its market value, provided that if the assessor is not able to 
 estimate the market value of the land on a per parcel basis, the 
 assessor shall furnish the commissioner of revenue with an 
 estimate of the average value per acre of this land within the 
 county. 

    HIST: (1995) RL s 812; 1925 c 211 s 1; 1997 c 231 art 2 s 22