City Council Resolution 1992-25RESOLUTION 92- 25
SALE OF TAX FORFEITED LAND PARCELS
WHEREAS, parcels of land in the city of Monticello bearing tax ID
numbers 155-500-033400, 155-500-033402, 155-033-000010, 155-014-
003100, and 155-014-003080 have been forfeited to the State of
Minnesota for non-payment of property taxes and are being prepared
for public sale under tax forfeit land sale procedures of Minnesota
Statutes, Chapter 282, and
WHEREAS, the City of Monticello or its Housing and Redevelopment
Authority has an interest in acquiring Parcel #155-500-033400 and
155-500-033402 for the purpose of redevelopment of a non -conforming
and blighted area, and
WHEREAS, parcel #155-033-000010 (Outlot A, Country Club Manor) has
outstanding special assessments with penalty and interest totaling
$554,494.73, and it is unlikely that a private developer would
acquire this property because of the magnitude of the assessments
owed, and
WHEREAS, the City of Monticello HRA has interest in acquiring
parcel #155-033-000010 (Outlot A, Country Club Manor) for
residential development purposes.
NOW, THEREFORE, BE IT RESOLVED:
1. The City of Monticello and its HRA requests that parcel #155-
033-000010, 155-500-033400, and 155-500-033402 be withheld
from public auction for one year.
2. That parcel #155-033-000010 (Outlot A, Country Club Manor) be
conveyed to the Monticello HRA for public purposes in
accordance with the conditions established in a memorandum of
understanding dated June 9, 1992, between the County of Wright
and the Monticello HRA.
3. That the City of Monticello approves of the sale of tax
forfeited parcels #155-014-003080 and 155-014-003100 by public
auction.
4. That the City of Monticello certifies that the unpaid special
assessments owing against tax forfeited parcels listed below
are correct and any remaining amounts remaining unpaid as a
result of public sale shall be re -assessed for a period of 5
years at 8% interest.
Parcel #155-014-003080 $ 81057.10
Parcel #155-014-003100 $ 81057.10
Parcel #155-033-000010 $280,228.28
Resolution 92-25
Page 2
5. That, as of the date of this resolution, the following tax
forfeited parcels will be subject to additional special
assessments for 1992 with first year payable 1993 for blight
and weed removal costs.
Parcel #155-014-003100 $ 543.25
Parcel #155-014-003080 $ 543.25
Parcel #155-500-033400 $ 660.51
Adopted this 24th day of August, 1992.
Mayor
City Admin strator