City to reimburse Jackson Township under annexation deal
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Description
Under the existing Orderly Annexation Agreement, the City of Shakopee is obligated to reimburse Jackson Township an amount equal to seven years of the city portion of property taxes for the proposed Greenview subdivision property. This financial obligation is triggered upon annexation consistent with Resolution R2026-060.
Contract Details
Vendor
JACKSON TOWNSHIP
Agency
City of Shakopee, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 9, 2026
Contract Term
Seven years of the city portion of the property taxes for the proposed Greenview subdivision property
Renewal Info
Obligation arises from the long-term Orderly Annexation Agreement (Docket OA-1694) between Jackson Township and the City of Shakopee and applies to annexed Greenview subdivision property; no specific renewal clause identified.
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