2006.03.20 EDA Packet - Laserfiche WebLink

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02/13/06 REVISOR JSK/CG 06-5594 5.1 cost of removal and remedial actions that will be necessary on the taken property because 5.2 of existing environmental contamination. 5.3 Sec. 6. [117.2261 RIGHT OF FIRST REFUSAL. 5.4 (a)If the governing body of the acquiring authority determines that publicly owned 5.5 property acquired under this chapter has not been used and is no longer needed for the 5.6 purpose for which it was originally acquired;the authority must offer to sell the property 5.7 to the owner from whom it was acquired. If the former owner can be located,the acquiring 5.8 authority must offer to sell the property at the current fair market value of the property. If 5.9 the current fair market value is less than what the acquiring authority paid for the property, 5.10 the acquiring authority must offer to sell the property for the amount that the acquiring 5.11 authority paid when it originally acquired the property. 5.12 (b)The acquiring authority must attempt to locate the former owner by: 5.13 (1) sending notice of the right of first refusal by first class mail to the last known 5.14 address of the former owner, and 5.15 (2)providing two weeks'published notice of the right of first refusal in a newspaper 5.16 of general circulation. 5.17 (c) If the former owner cannot be Iocated or declines to repurchase the property 5.18 within 60 days of providing the notice described in paragraph(b),the acquiring authority 5.19 shall prepare a certificate attesting to the same and record the certificate in the office of the 5.20 county recorder or county registrar of titles, as appropriate,to evidence the termination of 5.21 the right of first refusal. 5.22 (d) This section shall not apply: 5.23 (1) if the acquiring authority has an alternative use for the property and the property 5.24 would remain in public ownership; or 5.25 (2)to acquisitions of property for transportation purposes made by the commissioner 5.26 of transportation. 5.27 Sec. 7. Minnesota Statutes 2004, section 117.51,.is amended to read: 5.28 117.51 COOPERATION WITH FEDERAL AUTHORITIES. 529 In all acquisitions undertaken by any acquiring authority and in all voluntary 5.30 rehabilitation carried out by a person pursuant to acquisition or as a consequence thereof, 5.31 the acquiring authority shall cooperate to the fullest extent with federal departments and 5.32 agencies, and it shall take all necessary action in order to insure,to the maximum extent 5.33 possible,federal financial participation in any and all phases of acquisition,including the 5.34 provision of relocation assistance,services,payments and benefits to displaced persons. Sec. 7. 5