383C.722 ADD SECTION 383C.72 LAND VALUE TO SECTION 282.08 SPLIT.
The commissioner of administration shall also acquire fee title, free from any trust or other
encumbrance, to all land to be conveyed and donated to the United States of America under
section
383C.72, the title to which has vested or may vest in the state due to nonpayment of
taxes and expiration of the period for redemption, after the giving of notice thereof as provided
by law, and is held by the state pursuant to section
281.25, in trust for the respective taxing
districts interested in the taxes, assessments, penalties, interest, and costs accrued against the land
at the time of expiration of the period of redemption. The commissioner of administration, in
cooperation with the commissioner of natural resources, shall appraise the land at its fair market
value. Upon determining the value of the land, the commissioner of administration shall certify
that value to the St. Louis county auditor. The St. Louis County auditor shall then apportion an
amount of money equal to that certified valuation in the manner provided in section
282.08, for
the apportionment of proceeds from the sale of tax-forfeited lands, whereupon fee title to the land,
free from any trust or other encumbrance, shall vest in the state of Minnesota.
History: 1973 c 276 s 3