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Item 3.7 Wright County 2026 2027 Assessor Contract Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Administration City Administrator/Finance Director Flaherty December 9, 2024 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Attorney Kendall 3.7 – Assessor Services STRATEGIC VISION MEETS: THE CITY OF OTSEGO: X Is a strong organization that is committed to leading the community through innovative communication. Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City staff is recommending that the City Council approve an Assessment Services Agreement. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? Yes No BACKGROUND/JUSTIFICATION: The City of Otsego contracts with Wright County for annual assessment services through a formal Assessment Services Agreement. This agreement would provide for 2026 and 2027 property assessment services, which relates to taxes payable in 2027 and 2028. The Wright County Board has offered the assessment services agreement with no change in rates when compared to the current agreement. For reference, here is a summary of rates by year and respective actual costs and/or budget amounts. 2018 $11.50 $101,911 (Actual) 2019 $12.00 $112,976 (Actual) 2020 $13.00 $125,118 (Actual) 2021 $14.00 $139,898 (Actual) 2022 $14.00 $151,608 (Actual) 2023 $15.00 $161,020 (Actual) 2024 $15.00 $162,700 (Actual) 2025 $15.00 $165,735 (Budgeted) 2026 $15.00 TBD – Will depend on number of parcels. 2027 $15.00 TBD – Will depend on number of parcels. The Administrative Subcommittee was presented with this information at their December 4, 2024, meeting and provided direction for City Council consideration of approval. City Attorney Kendall has reviewed the Assessment Services Agreement and had no comment. SUPPORTING DOCUMENTS ATTACHED: • Assessment Services Agreement POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve the 2026 - 2027 Assessment Services Agreement between the City of Otsego and Wright County. BUDGET INFORMATION FUNDING: BUDGETED: General Fund – Assessor Department (41550) Yes