The Blue Earth City Council met on Monday and reviewed a draft of the annexation agreement between the city of Blue Earth and Riverside Heights.
The agreement has now been revised from a five year agreement to a three year agreement.
According to the agreement’s updated property tax reimbursement plan, Blue Earth would reimburse Riverside Heights for $50,000 over a three year period between 2025 and 2027.
The Council will review the final agreement on May 6th.