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4.7. SR 09-19-2016 EOty1� ,.,�� Request for Action River To Item Number Mayor and City Council 4.7 Agenda Section Meeting Date Prepared by Consent September 19, 2016 Zack Carlton,Planning Manager Item Description Reviewed by Resolution for the Reconveyance of Forfeited Land Tina Allard, City Clerk to the State of Minnesota by the City of Elk River Reviewed by Cal Portner, City Administrator Action Requested Adopt,by resolution, the reconveyance of city-owned property (75-125-4201). Background/Discussion The city acquired the tax forfeited property in 2012 for use as possible right-of-way when the adjacent properties developed. The parcel is a remnant piece that remained after the re-alignment of Cleveland Street. Schematic development plans for the area do not utilize this parcel for road right-of-way and the best use of the property would be incorporation into adjacent development. The state deed for the conveyance of forfeited lands has a restriction on it stating it shall be used exclusively for right-of-way. The new property owner will need to have those rights vacated when development of the area occurs. The city cannot sell the property but can reconvey it back to the state and once approved by the Department of Revenue the parcel would be available for the next public sale. Financial Impact There are costs associated with recording the reconveyance with the county are approximately$50. Attachments ■ Location Map ■ Resolution POWERED 6T AR - O - N Ln N Ln U Ilk .71 i Mir c� a S, It � A I - .T . -www ice . City of Elk River Resolution 16- A Resolution of the City of Elk River to Reconvey a Parcel to the State of Minnesota WHEREAS, on October 19, 2012, the City of Elk River ("the City") accepted a State Deed from the State of Minnesota (State Deed No. 0206634, Record Document No. 759126) for that part of the Southeast 'A lying Westerly of the East 106 2/3 acres & Ely of the West 53 1/3 acres for road right-of-way; and WHEREAS, the city has indicated it has no desire to use the said parcel for right-of-way; and WHEREAS, the city wishes to reconvey the State Deed parcel under Minnesota Statutes, Section 282.01, Subdivision 1d, to the State of Minnesota, to be held in trust according to Minnesota Statutes, Section 281.25, so the parcels eventually may be returned to the tax rolls; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,Minnesota, as follows: Authorize the proper city officials to reconvey said parcel to the State of Minnesota. Passed and adopted this 19th day of September 2016. John J. Dietz,Mayor ATTEST: Tina Allard, City NATUREJ