FARGO (KVRR/KFGO) – The City of Fargo is now offering an easier way for property owners to apply for an exemption from property taxes.
The application process is now being offered online on the City of Fargo’s website. It could previously only be done on paper.
The exemption applies to anyone performing a renovation on a home, apartment building or business that is older than 25 years. The amount the renovation raises the value of the property will be withheld from property taxes for five years. The exemption can be transferred to new owners if the property is sold.
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