Identifier
The docket number which identifies the Orderly Annexation agreement: OA-1704 Coverage Cities and Townships which are parties to the Orderly annexation agreement: Rice County-City of Faribault;Rice County-Township of Wells
Date Accepted Date on which MBA accepted the agreement: 06/15/18 State Agency Order
Was this agreement established by state agency order?: No Open Agreement Was this an open agreement: No Entire Area Annexed Was the entire area annexed:No Acreage Acreage designated in the original agreement: 155 City Reimbursement
Did the agreement include reimbursement from the city to the township?: Yes Reimbursement Type
Additional information regarding the type of reimbursement from the City to the Township: Multi Year Payment Reimbursement by Acre Fee If a reimbursement by acre fee exists, what is the amount per acre: No Tax Rate Step-up
Is there a tax rate step-up for landowners?: No Debt
Does debt/ special assessment language exist?: No Initiation
Was the method for initiating subsequent annexations addressed?: No Taxing
Does the agreement include an urban/ rural taxing district?: No Special Taxing District
Does this agreement include a special taxing district?: No Green Acres
Does this agreement include Green Acres?: No Comments
Additional information regarding this orderly annexation agreement: Reimbursement: $40,000 on August 1 of 2019, 2020, 2021, 2022, and 2023. |