2007 Minnesota Statutes

414.036 CITY REIMBURSEMENT TO TOWN TO ANNEX TAXABLE PROPERTY.
Unless otherwise agreed to by the annexing municipality and the affected town, when an
order or other approval under this chapter annexes part of a town to a municipality, the order or
other approval must provide a reimbursement from the municipality to the town for all or part
of the taxable property annexed as part of the order. The reimbursement shall be completed in
substantially equal payments over not less than two nor more than eight years from the time of
annexation. The municipality must reimburse the township for all special assessments assigned by
the township to the annexed property, and any portion of debt incurred by the town prior to the
annexation and attributable to the property to be annexed but for which no special assessments
are outstanding, in substantially equal payments over a period of not less than two or no more
than eight years.
History: 1981 c 189 s 1; 2002 c 223 s 15; 2006 c 270 art 2 s 11