Appleton, Minn. prison gets $7.5 million cut in value
BENSON -- The market value of the privately owned Prairie Correctional Facility in Appleton -- its prison beds empty for nearly 2½ years -- has been reduced by $7.5 million to a new value of $14 million.
The reduction was approved Tuesday night by the Swift County Board of Equalization.
But even that large reduction may not be enough to prevent the pri-son's owner, Corrections Co-rporation of America, from seeking even greater tax relief by means of an appeal to the state.
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