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� ���� <br /> t iaa�. 3 <br /> TO: Department Heads I <br /> \ � <br /> FROM: Mark Bernhardson, City Administrator�'Z' <br /> DATS: March 17, 1987 <br /> SUBJECT: Tax Forfeited Property Procedure <br /> INTRODUCTION - Sporatically through the year the City receives <br /> listings of parcels from the County that have gone tax forfeit. <br /> The County passes these to the City as the City has the first <br /> right of refusal on tax forfeited properties. (But not County of <br /> State property otherwise acquired.) Over the years Orono has <br /> handled this in a number of different ways and it is the intent <br /> of this memo to establish a guideline by which the staff can <br /> process these requests and ensure that all the appropriate <br /> considerations are taken into account. <br /> BACKGROUND - In the State of Minnesota for a property to go tax <br /> forfeit , taxes would have not been paid for at least five years <br /> for homestead property and three years for non-homestead <br /> property. (Homestead property that has been placed for sale by <br /> the County in 1987 first had delinquent taxes in 1981. In the <br /> first year of delinquency a judgement is placed on the property, <br /> if there are no tax payments made in five years homestead <br /> property will be placed for sale. Non-homestead property placed <br /> for sale by the County in 1987 first had delinquent taxes in <br /> 1983. In the first delinquent tax year a judgement will be filed <br /> and after three years of non-payment of tax the property will be <br /> placed for sale.) Once it has gone tax forfeit the County, after <br /> having it reviewed by the respective municipality, can then place <br /> it for sale. The options that exi�.: to the City are: <br /> A. That it not be sold, <br /> B. That the City acquire the property or <br /> C. That it be placed on a limited sale because of its <br /> unique nature to abutting property owners . <br /> There are generally three types of monies that the taxing <br /> jurisdictions attempt to recoup from the sale of a property. <br /> A. S ep cial Assessments - Special assessments have <br /> priority on the money from the sale proceeds. This <br /> includes the total principal outstanding plus the last <br /> six years of interest. <br /> B. Unpaid Taxes - The amount that may be available for <br /> unpaid general taxes are prorated out to the various <br /> taxing jurisdictions based on the appropriate mill <br /> rates . <br /> C. Expenses Subsequent to Forfeiture - Occasionally <br /> 1 <br />