CoreCivic Offers $1M in Compensation to City of Appleton, Minnesota
CoreCivic’s proposal would offset lost property taxes and fund city services as Appleton negotiates a longer termination notice period.
8 Articles
8 Articles
CoreCivic offers $1M in compensation to City of Appleton, Minnesota
At a special meeting Monday, the mayor and city councilors discussed terms outlined in a memorandum of understanding. The funds would support city services to the reopened prison.
CoreCivic offers Appleton $1.2 million per year to make up for lost tax revenue
CoreCivic, the company operating a 1,600-bed facility that will begin housing Immigration and Customs Enforcement detainees this fall, is offering to pay the city of Appleton just over $1.2 million a year.
Coming soon: Mr. Autumn Man
Your daily news roundup starts … NOW. In the ongoing saga of the sale of the Prairie Correctional Facility in Appleton, Minn., one of the major issues for the community has been the loss of property tax revenue as the facility goes from privately owned to government owned. CoreCivic, the company that owned the prison, has now offered to pay Appleton $1.26 million a year to make up for the lost revenue. The prison itself sold for $500 million. Fa…
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