NU City Council re-approved annexation agreement with Milford Township
Decertifies Milford Heights TIF
NEW ULM – An orderly annexation agreement (OAA) between New Ulm and Milford Township was re-approved at he May 6 New Ulm City Council meeting.
The council originally approved the OAA with Milford Township last December, but the city and township had failed to publish a notice of intent to adopt 10 days before adopting the OAA, forcing The City of New Ulm and Milford go through the procedure again.
The New Ulm and Milford Township published a joint notice 10 days before the council and adopted the OAA last Tuesday.
The purpose of an OAA is to plan for the city’s future growth and development into the abutting Milford Township. The OAA establishes requirements for annexation and will expedite the process. Without the agreement, every time the city wanted to annex land from Milford, a public hearing would be needed, delaying the process by up to 30 days.
The City of New Ulm and Milford Township previously entered into a OAA on July 13, 2005. The contents of the agreement, exhibits and maps will remain the same as those found in the original OAA.
The council again unanimously approved the OAA.
Community Development Director David Schnobrich informed the county that in addition to the OAA with Milford Township, the city entered into a new OAA with Cottonwood Township that was accepted April 23.
In other news, the council passed a resolution to decertify a Tax Increment Finance (TIF) District in Milford Heights.
The TIF district was approved Aug. 7, 2007. All related debt was paid in full as of Dec. 2022. The decertification of the TIF district will provide additional property tax for the city, county and school district.
The ending balance for the TIF fund was $112,726.88. Following decertification, the council passed a resolution to transfer $33,414.31 of the $112,726.88 from the Milford Heights TIF to the Economic Development Authority fund (EDA) for interest payments and transfers from the EDA between 2018 to 2020. The remaining $79,31.57 of excess TIF will be returned to Brown County for redistribution to all related taxing authorities.
