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2013-020 Council Resolution
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2013-020 Council Resolution
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10/1/2014 3:18:43 PM
Creation date
10/1/2014 12:24:22 PM
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City Council
Council Document Type
Master List Resolution
Meeting Date
02/25/2013
Council Meeting Type
Regular
Resolution #
13-020
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• <br />CITY COUNCIL <br />AGENDA ITEM 6 -A <br />STAFF ORIGINATOR: Mary Alice Divine <br />MEETING DATE: February 25, 2013 <br />TOPIC: <br />Consideration of Resolution No. 13 -20 Approving Efforts to Seek <br />Special Legislation Authorizing Conveyance of Certain Tax - <br />Forfeited Land from Anoka County to the City of Lino Lakes <br />VOTE REQUIRED: 3/5 <br />INTRODUCTION <br />A resolution by the City of Lino Lakes City Council is required when seeking special <br />legislative authority to allow Anoka County to convey the tax forfeited properties within the <br />Legacy at Woods Edge development without monetary consideration. <br />BACKGROUND <br />Earlier this evening the Lino Lakes Economic Development Authority considered a resolution <br />to obtain special legislation for the purpose of obtaining all the properties within the <br />development without monetary consideration. This request for legislation is based on the <br />reasoning that the outstanding assessments are greater than the market value of the properties, <br />so all the proceeds of a sale would be returned to the City to pay those outstanding assessments, <br />as required by state law. There is no net loss to any other taxing jurisdiction through <br />reconveyance of the properties, and this eliminates the need for a parcel by parcel purchase <br />from the County for the purposes of development. The parcel that is proposed to be purchased <br />by the Lino Lakes Assisted Living is exempt from this proposed legislation. <br />If the City is able to convey parcels to private parties for more than the amount of the <br />assessments, the bill provides that the City will return 10 percent of the gross sale proceeds to <br />the County for redistribution to taxing jurisdictions. This language provides a potential <br />recovery of a portion of the delinquent taxes if the market conditions permit. <br />RECOMMENDATION <br />Approve Resolution No. 13 -20 <br />ATTACHMENTS <br />1. Resolution No. 13 -20 <br />
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