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, . � . � , olita� <br /> , O� �O Page 29 <br /> ti � �� <br /> � � <br /> - � �► ��-� :►' <br /> q�, wc . <br /> ����IN CIT��g r¢ <br /> 300 Metro Square Building, 7th Street and Robert Street, Saint Paul, Minnesota 55101 Area 612, 291-&35f <br /> - December 29 , 1977 <br /> Mr. Walter R. Benson � � <br /> Administrator, City of Orono <br /> Box 66 <br /> Crystal Bay, Mn. 55323 <br /> Dear Mr. Benson: <br /> The Metropolitan Parks Act requires the Metropolitan Council <br /> to make tax equivalency payments to municipalities and town- <br /> ships. Minnesota Statutes Section 473. 341, provides as follows : <br /> Section 473 .341 (Tax Equivalents) In each of the four <br /> years after the Metropolitan Council or park district, <br /> " county or municipality acquires fee simple title to any <br /> real propertp included in the regional recreation open <br /> space systen, the Metropolitan Council shall pay to the <br /> municipality or township in which the property is sit- <br /> uated an amount e�ual to the total amount of the t�es <br /> Ievied thereon for �iunicipal or township purposes for <br /> collection in the year in- which title pass.ed, di�inished <br /> by 20 percent for each subsequent year to and including <br /> the year of payment; provided that for any year ia which <br /> taxes on the property, or on the privilege of using or <br /> possessing it, are paid this tax equivalent shall not be <br /> paid. All amounts paid pursuant to �his section a�z costs <br /> of acquisition of the property with respect to whic:-i they <br /> are paid. <br /> Pursuant to this legislative directive, please find enclosed <br /> our check for $393.46 . This represents the tax equivalency pay- <br /> ment for 1977 for parcels acquired by Hennepin County Park <br /> Reserve District in 1976 for Morris T. Baker Park Reserve. The <br /> amount has been calculated as follows : <br /> For parcels acquired in I974 : 40% of the taxes levied for <br /> , <br /> municipal purposes for collection in 1974. <br /> For parcels acquired in 1975 : 6070 of the taxes levied for <br /> mtmicipal purposes for collection in 1975 . <br /> An Agency Created to Coordinate the Planning and Development of the Twin Citiea Metropolitan Area Comprising: <br /> Anoka County O Carver County O Dakota County O Hennepin County O Ramaey County O Scott County O Wa�hington County <br />