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City takes on record debt

November 5, 2013

Minot city manager David Waind stressed the urgency of more state oil impact assistance as the Minot City Council Monday approved $37 million in debt obligations – a heavy burden that could affect......

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Comments

(11)

EarlyBird

Nov-08-13 7:03 AM

Well the goofballs complaining about growth are the same ones who keep asking for more money for unnecessary stuff. What a bunch of weirdos!!

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concerned

Nov-05-13 10:24 PM

I find it strange that Minot is seeing influx in housing, commercial property and as a result collecting more taxes from this, but we have double utilities, high property taxes, and can't even get the city to listen to you. I think it's time to get the Attorney General Office involved and clean house and audit it.

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socialismsucks

Nov-05-13 1:40 PM

Artspace making the city any ROI yet?"#

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Nancy1

Nov-05-13 1:33 PM

Bismarck passes its school bond issues by close to 80%. I am not sure, but I believe their property taxes are still higher than Minot's.

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73Hockey

Nov-05-13 12:42 PM

6% vs 7.5%? One and a half pennies on the dollar and it was a relief to see?

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rickrod

Nov-05-13 12:03 PM

All I can say is if you don't like it, put your name on the ballet and run for city council.

3 Agrees | 0 Disagrees | Report Abuse »

takkak

Nov-05-13 10:56 AM

I must admit, when we visited Bismarck last weekend, it was nice to see a 6% sales tax, Been awhile since I've seen that.

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SayWhat

Nov-05-13 8:54 AM

This is bull. Minot is not taking on record debt to keep up with oil impact. Minot is taking on record debt because the city of Minot just keeps spending and spending. We have not grown 10,000 people in 3 years and the number of housing that has gone up and building permits proves that. Minot needs to get off of its high horse and become fiscally conservative in their spending. We are not an Oil Boom town like Watford, Williston or Stanley. Enough with the oil boom in Minot.

6 Agrees | 10 Disagrees | Report Abuse »

takkak

Nov-05-13 8:52 AM

I love paying 7.5% sales tax and love that my property tax went up substantially the last two years. I can't wait for the school bond to pass. Thank g*d for the Magic city fund. Thank g*d oil money is flowing down and we are keeping it local. Build, build, build!!!

8 Agrees | 2 Disagrees | Report Abuse »

EarlyBird

Nov-05-13 7:22 AM

Unbelievable!!

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socialismsucks

Nov-05-13 5:57 AM

in other words, homeowners prepare to open up your wallets and savings accts again. this time it will be 'for the city.'

7 Agrees | 5 Disagrees | Report Abuse »

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