The Aggregate Resource Preservation Property Tax Law consists of land with a commercial aggregate deposit that is not actively being mined and is not otherwise classified as class 2a or 2b. It has a class rate of one percent of market value. To qualify for this classification the property must be at least ten contiguous acres in size and the owner of the property must record with the Sherburne County Recorder an affidavit containing:
For purposes of this section and section 273.1115, "commercial aggregate deposit" means a deposit that will yield crushed stone or sand and gravel that is suitable for use as a construction aggregate; and "actively mined" means the removal of top soil and overburden in preparation for excavation or excavation of a commercial deposit.
If you have any questions please contact the Assessor's Department at 763-765-4900.