Posted by Staff Writer on 9/13/2020 to
Business Law
IncSmart Minnesota (Small Business and Startups) - The Demolition costs are skyrocketing in St. Paul and Minnesota. The fees are causing delays in rebuilding the Twin Cities from the terrorism to the cities happening in May. The price tag for demolition is often times higher than what the property is worth. Attorney General Keith Ellison, still addressing claims of domestic valance has still not looked into price gauging. At the same time his son is on the Minneapolis City Council and supports the domestic terrorism.
The Twin Cities are knocking down buildings that were attacked by the rioter because they are unstable. But when the cities send the bill to the property owners, the bills are to high to pay. The bills are running around $150,000.00. Property insurance has a limit they payout for demolition and removal. The fees the insurance will pay are limited to $25,000 to $50,000. The city council is forcing demolition companies to treat burn out buildings as hazardous material, causing the fees to quadruple in some cases.
By Sandy Roberts
Starting a Business in Minnesota
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Minnesota Corporations and Minnesota Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
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