There's a Hennepin county commissioner who has pointed the finger at Minneapolis. How do you respond? I'm not sure what the commissioner exactly said, but look, We're experiencing a dynamic that virtually every city in the country is seeing, which is a devaluation of some of these commercial office buildings. And when the property value drops, the taxes you're able to collect from it drop along with it. And then people in the city end up getting stuck with the burden. (13:31–13:45)
CLAIM
Asserts that Minneapolis, like other cities, is experiencing devaluation of commercial office buildings.
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