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EDA reviews tax-forfeited 9-acre parcel, counsel to research new statute and auction restrictions
Summary
Staff told the EDA a nine-acre tax-forfeited parcel held by the city is subject to a county deed with a 30-year use restriction; staff reported a newly enacted statute may require returning the parcel to the county and triggering a public auction process, and the EDA asked counsel to research options before moving forward.
Staff briefed the EDA on a roughly 9-acre tax-forfeited parcel the city currently holds under a special-use deed containing use restrictions tied to transit-related uses and a 30-year term. Staff said Hennepin County staff (referred to as Amber) told them that a statute enacted during the recent legislative cycle may require jurisdictions to return certain forfeited parcels to the county and trigger a…
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