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City Council Urged To Set Up Land Bank Authority

  • Friday, February 13, 2015

The City Council is being urged to set up a Land Bank Authority that would have the power to acquire and hold land.

Donna Williams, administrator of city Economic and Community Development, said such a group "is sorely needed."

She said it would identify under-utilized properties for potential future development.

"It could be pro-active in getting ahead of the market," she said.

Private and public groups could donate properties, such as banks not in a position to manage foreclosed property, it was stated.

Ms. Williams said it could help with the city's effort to increase the stockpile of "affordable housing."

She said the group would not have a staff and would not have any taxing ability.

The City Council is to consider a resolution setting up a Land Bank Authority on Tuesday night.

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