Coverage:
County Township Coverage:
Otter Tail County›City of Fergus Falls
County Township Coverage:
Otter Tail County›Township of Fergus Falls
Date Accepted:
Tuesday, March 7, 2023
State Agency Order:
No
Open Agreement:
Yes
Entire Area Annexed:
No
Notice to Designate:
Yes
Acreage:
280.90
City Reimbursement:
Yes
Reimbursement Type:
Other
Reimbursement Other:
Reimbursement: For immediate annexation area (PPTF, LLC; 159.80 acres): PPTF will pay the Township $15,000, with an additional $15,000 if they build an ag processing plant within 5 years. For remainder of designated area (ethanol plant; 121.10 acres): City will pay 100% of the taxes for the year the property is annexed; additional payments in the same amount the next 4 years. City reserves the right to make a lump sum payment of the entire remaining amount at any time.
Reimbursement by Property Owner:
Yes
Reimbursement Description:
For immediate annexation area (PPTF, LLC; 159.80 acres): PPTF will pay the Township $15,000, with an additional $15,000 if they build an ag processing plant within 5 years
Reimbursement by Acre:
No
Tax Rate Step-up:
No
Planning:
No
Initiation:
Yes
Initiation Type:
Conditional municpial
Debt/Special Assessment Language:
No
Taxing:
No
Special Taxing District:
No
Green Acres:
No
Comments:
Agreement expires 12-21-2042, unless agreed upon extension.
