City Council Resolution 2004-10CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2004-10
RESOLUTION AUTHORIZING THE SALE OF TAX
FORFEITED PARCELS
WHEREAS, The City of Monticello was notified by Wright County that Lots 5, 6, 7 and 8,
Block 3 of the Meadows Second Addition were subject to forfeiture to the State of Minnesota
because of non-payment of delinquent property taxes, special assessments, penalty, interest and
costs levied on those parcels; and
WHEREAS, the City of Monticello made application to the Wright County for conveyance of
the tax forfeited parcels to City ownership to cover unpaid special assessment debt; and
WHEREAS, the intended purpose by the City of Monticello for these parcels was to re -convey
the lots for residential redevelopment purposes in accordance with M.S. Chapter 469, and
WHEREAS, the City entered into a development agreement with Homestead Multi -Family
Development Corporation in 2002 agreeing to the conveyance of said parcels for the purpose of
redevelopment,
NOW THEREFORE BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OF
MONTICELLO that the City authorizes the transfer of Lots 5, 6, 7 and 8, Block 3, Meadows 2nd
Addition to Homestead Multi -Family Development Corporation in accordance with the terms
and conditions of the Timber Ridge Development agreement dated October 29, 2002.
Adopted by the Monticello City Council this 23" day of February, 2004.
Bruce Thielen, Mayor
ATTEST:
Rick Wolfsteller, City Admi strator