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Conservation Purposes <br />Conservation tax -forfeited land may also be sold to a governmental subdivision of the state for less <br />than its market value for the following purposes: <br />1. Creation or preservation of wetlands <br />2. Drainage or storage of storm water under a storm water management plan, OR <br />3. Preservation, or restoration and preservation, of the land in its natural state. <br />(M.S.282.01, Subd. 1a, para. (h)) <br />The options under M.S. 282.01, Subd. 1a, para. (h) require a restrictive covenant for 30 years. The lands may <br />be reconveyed back to the state, at which point the restrictive covenant would cease. if reconveyed lands are <br />to be sold, the county board can take into account the original amount paid when setting the terms of the <br />sale. If the reconveyed lands are unplatted and located outside of an incorporated municipality, the sale is <br />subject to the approval of the commissioner of the Department of Natural Resources if the commissioner <br />determines there is a mineral use potential. <br />Other Information <br />COST OF GOVT. PURCHASE. (applies to options 2 & 31 A governmental subdivision is required to pay not less <br />than the value of the property as determined by the county board plus the other costs that would be charged <br />to any other purchaser. In most cases, the value of the property will be the same as the basic sale price which <br />other purchasers must pay. The county board makes the final decision after negotiating with the <br />governmental subdivision. <br />The specific costs that must be paid by a governmental subdivision or state agency to purchase a parcel of tax - <br />forfeited land are outlined below. The list assumes that the basic sale price is paid. <br />1. The Basic Sale Price <br />2. The State Deed Fee <br />3. The 3°Y Surcharge <br />4. The State Deed Tax <br />S. The County Recording Fee <br />6. The Agricultural Conservation Fee <br />6 <br />