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NOTICE OF PUBLIC HEARING

Notice is hereby given that the City Council of the City of Kasson, Minnesota (the “City”) will meet at 6:00 p.m. on Wednesday, September 9th, 2015 at City Hall, 401 - 5th Street SE, Kasson, Minnesota, to conduct a public hearing to consider granting a property tax abatement under Minnesota Statutes, Sections 469.1812 to 469.1815, to assist the construction of a new commercial facility, specifically a 7,000 sq. ft. storage building in the City (the “Property”). The Property is described as follows:

Tax Parcel No. 24.355.0060 a.k.a. 400 5th Street SE, Kasson, MN 55944

The tax abatement to be collected by the City shall not exceed a period of five years. The annual amount of the abatement shall be limited to the increase in property taxes resulting from the improvement of the property, specifically the market value of the proposed new commercial facility.

A draft copy of the abatement resolution containing the terms of the abatement will be on file at City Hall and available for public inspection on and after the date of this notice. Any person wishing to express an opinion on the matters to be considered at the public hearing will be heard orally or in writing.

Dated: August 13, 2015

/s/ Linda Rappe

City Clerk T:36c