9a. Oxbow land purchases-reimbursement to Fargo
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9a. Oxbow land purchases-reimbursement to Fargo
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CASS COUNTY <br /> GOVERNMENT <br /> RECEIVED <br /> JUN 2 5 201k <br /> June 25, 2014 CASS COUNTY COMMISSION <br /> Auditor <br /> Michael Montplaisir,CPA Board of County Commissioners <br /> 701-241-5601 211 9th Street South <br /> Fargo ND 58103 <br /> Treasurer <br /> RE: Reimbursement for Land Purchases <br /> Charlotte Sandvik <br /> 701-241-5611 Dear Commissioners: <br /> Director of The attached billing is for the remaining costs of land purchased last <br /> Equalization December for the Oxbow project. The Diversion Authority paid $7,527,230.54 <br /> for the two parcels. At that time, the county agreed to front the money for <br /> Frank Klein the land purchased outside the City of Fargo; therefore, we paid <br /> 701-241-5616 approximately one-half of the costs at that time ($3.8 million) and expected <br /> the remaining one-half to be reimbursed by the State Water Commission. <br /> The amount on this billing is the amount remaining for the land purchase <br /> after the $782,908 payment from the State Water Commission. <br /> The attached summary shows the amount we have spent on land outside of <br /> the City of Fargo. <br /> Sincerely, <br /> Michael Montplaisir, CPA <br /> Cass County Auditor <br /> SUGGESTED MOTION: <br /> Move to reimburse the City of Fargo for the Diversion land costs in the <br /> amount of $2,944,322.53 for the remaining balance of the Oxbow area land <br /> purchases. <br /> Box 2806 <br /> 211 Ninth Street South <br /> Fargo,North Dakota 58103 <br /> Fax 701-241-5728 <br /> www.casscountynd.gov <br />
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