Agenda - Council - 02/26/1990 - Laserfiche WebLink

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COUNTY OF ANOK Office of Land Commissioner ............ COURTHOUSE ANOKA, MINNESOTA 55303 612-421-4760 EUGENE J. RAFFERTY Land Commissioner Ext, 1879 Mr. Mark S. Banwart Conmlunity Development Director City of Ramsey 15153 Nowthen Blvd. N.W. Ramsey, MN 55303 February 15, 1990 RE: Your correspondence of February 14, 1990, on Tax Forfeit Parcel 02 32 25 23 0010 located at 178th Lane N.W. and Vanadium Street Dear Mr. Banwart: I have your correspondence of February 14 at hand. The price of the lot was established through your local assessor. From the enclosed map, it appears the price comparison method was used with some concession being made because the property is below the highline which makes it less marketable. The map and printout from the County tax system are enclosed for your reference. The setting of tax forfeit prices is the responsibility of the County Board under the statute, but they usually defer to the Commissioner in whose district the land is located and ratify the price set by that Commissioner. A great many times demand will control what price you can get for a piece of land. We have offered this parcel twice at $5,000 and have not gotten a bid. You will note the lot immediately to the west is valued at $4,000 and it is in much the same position under the highline as the one we are discussing. In reviewing the pricing with the County Commissioner involved, one of the things we consider is special assessments. A final price cannot be set until we know what, if any, concession will be made on assessments. If a concession is made, that amount is lost to the city when a distribution is made from the sale of the parcel. The distribution of sale proceeds from tax forfeit property is controlled by MS 282.08 (which is enclosed). Basically it says that after you deduct the cost of the sale, the city is next in line to collect its special assessments. Affirmative Action / Equal Opportunity Employer