Agenda - Parks and Recreation Commission - 02/08/2018

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Finance - Strategy 6: The Council may reimburse regional park implementing agencies for the costs of acquiring some lands before they have been made part of the Regional Parks System or for development projects undertaken before they can be financed through the Metropolitan Regional Parks Capital Improvement Program. Reimbursement for acquisition of land not currently designated in the 2040 Regional Parks Policy Plan Reimbursement will be considered for early acquisition of land that is not currently designated as regional recreation open space by the Council in the 2040 Regional Parks Policy Plan under certain conditions. If land is acquired or protected under an option to purchase by a regional park implementing agency, or an entity under contract with that agency while the Council considers adding the land to the Regional Parks Policy Plan via a public hearing process, the Council will consider reimbursing the regional park implementing agency for the costs to acquire or protect the land via an option to purchase under the following conditions: • The Council is informed in writing of the land acquisition or option to purchase before it occurs. • The Council makes a preliminary finding through staff analysis that the proposed regional park unit is consistent with Siting and Acquisition Strategy 1 and the size/service area requirements for the applicable regional park system unit are met. • The Council conducts a public hearing to designate the acquired land as regional recreation open space based on a draft acquisition master plan containing the acquired land or land held under an option to purchase. The hearing is conducted under the requirements of Minn. Stat. 473.147. • Based on the findings/conclusions of the public hearing, the Council designates the land as regional recreation open space and approves an acquisition master plan that contains the acquired land or land held under an option to purchase. If these conditions are met as required by Minn. Stat. 473.147, and 473.313, the Council will consider reimbursing the regional park implementing agency via a grant as permitted under Minn. Stat. 473.315 for the following costs: • Appraisal costs incurred by the acquiring regional park implementing agency or entity under contract with the agency • Surveying costs incurred by the acquiring regional park implementing agency or entity under contract with the agency • Legal fees incurred by the acquiring regional park implementing agency or entity under contract with the agency • Fees for service provided by an entity under contract by the regional park implementing agency to negotiate and purchase the land or obtain an option to purchase • Principal payments made toward the purchase price including principal payments on a contract for deed or bond, or payments made on an option to purchase • 180% of township or city taxes due on the parcel at the time of closing as required by Minn. Stat. 473.341