SE Minn. shopping mall owes $375K in taxes
The Oak Park Mall in Austin, Minn., could be subject to tax forfeiture sometime this summer, the Daily Herald reports.
The Rochester Post Bulletin says the property owners have missed tax payments since 2009 and must pay $375,000 in unpaid taxes, penalties, interest and fees by next month.
"I don't expect it to forfeit. They've already inquired about making payment," Mower County Auditor-Treasurer Doug Groh told the newspaper. "But if it did, they're aware of the pending forfeiture."
The owners also owe unpaid taxes on other parts of the mall property that could go through the same process if not paid by next year.
The Oak Park Mall has an assessed property value of about $2.5 million.