RES 15-42CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO. 2015-42
RESOLUTION OF THE CITY OF OTSEGO REQUESTING THE MINNESOTA
COMMISSIONER OF REVENUE TO CONVEY TO THE CITY A TAX FORFEIT PARCEL
WHEREAS, OUTLOT A, OTSEGO GREAT RIVER CENTRE 3rd (PID # 118-266-000010) has
been provided notice of tax forfeiture and the City of Otsego has been informed of that status;
and
WHEREAS, the lot currently has unpaid special assessments in the amount of $240,012.68 as
well as future assessments amounting to $192,570; and
WHEREAS, in order to bring the site up to proper elevation for development the estimated
amount of fill needed amounts to $389,543; and
WHEREAS, pursuant to the Otsego City Code the site also requires construction of a street,
sidewalk and trails, sanitary sewer and water extensions amounting to approximately $635,393;
and
WHEREAS, the assessments, additional site work, and public infrastructure requirements
exceed the assessed value of the property; and
WHEREAS, the City is in communication with a Developer that is willing to purchase the
property for the reduced value as determined by the County and to pay all of or a portion of the
assessments on the property; and
WHEREAS, the City believes that the reduced value of the property is $100.00; and
WHEREAS, the City believes that the parcel can be conveyed to the City under Minnesota
Statute 282. 01, Subd. 1a, d (1) due to the blighted conditions that make the lands undesirable in
the open market; and
WHEREAS, the City will proceed to negotiate with the Developer for re -sale of all or a portion of
the property and will seek a State Deed grant for infra -structure improvements; and
WHEREAS, it is advantageous to the City and the County that the parcel be again placed on
the tax rolls.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Otsego, Minnesota
as follows:
1. That the City intends to acquire OUTLOT A, OTSEGO GREAT RIVER CENTRE 3rd (PID #
118-266-000010) for less than market value for purposes of Economic Development of the
blighted property.
2. That the City requests that Wright County establish the value of the property at $100.00 for
transfer to the City for public purpose.
MOTION to approve made by Council Member Schroeder and seconded by Council Member
Heidner.
IN FAVOR: Stockamp, Heidner, Schroeder, Warehime, Darkenwald
OPPOSED: None
CITY OF OTSEGO
Jessica Stockamp, Mayor
Tami Loff, City Clerk
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