Coverage:
County Township Coverage:
Nicollet County›City of North Mankato
County Township Coverage:
Nicollet County›Township of Belgrade
Date Accepted:
Tuesday, July 2, 2024
State Agency Order:
No
Open Agreement:
No
Entire Area Annexed:
No
Notice to Designate:
Yes
Acreage:
3270
Affirming Statement:
Yes
City Reimbursement:
Yes
Reimbursement Type:
Sliding Scale
Reimbursement Years:
8
Reimbursement by Property Owner:
No
Reimbursement by Acre:
No
Tax Rate Step-up:
No
Planning:
Yes
Planning Type:
Other
Planning Other:
County
Initiation:
Yes
Initiation Type:
Conditional municpial
Debt/Special Assessment Language:
No
Taxing:
No
Special Taxing District:
No
Green Acres:
No
Comments:
Reimbursement: 8 years (90% 80% 70% 60% 50% 40% 30% 10%); City has option to calculate and pay one lump sum the year of annexation. Detachment not precluded language. Agreement expires: July 1, 2034; or termination by mutual written joint resolution; or upon annexation of the entire designated area and completion of corresponding tax reimbursement to the Township (whichever comes first).
