Vacant, abandoned, and tax-delinquent properties are often grouped together as “problem properties” because they destabilize neighborhoods, create fire and safety hazards, drive down property values, and drain local tax dollars. In some sense, these are properties the private market has altogether rejected.
Land banks, in essence, are a direct response to this growing trend of vacancy and abandonment, created to strategically acquire problem properties and convert these liabilities into assets. In short, land banks are intended to acquire title to these problem properties, eliminate the liabilities, and transfer the properties to new, responsible owners in a transparent manner that results in outcomes consistent with community-based plans. Most land banks have special powers that enable them to undertake these activities more effectively and efficiently than other public or nonprofit entities. When thoughtfully executed, land banking can resolve some of the toughest barriers to returning land to productive use, helping to unlock the value of problem properties and converting them into assets for community revitalization. Incorporation Date: 2/8/2017
Meetings: Regular meetings of the Adams County Land Reutilization Corporation will be held quarterly at 3:00 p.m. in the Adams County Government Center conference room located at 215 North Cross Street, West Union, Oh 45693.
Adams Co. Economic and Community Development, Managing Partner
215 N. Cross Street, Suite 101
West Union, OH 45693
Ty R. Pell, President firstname.lastname@example.org
Diane Ward, Vice-President email@example.com
Lisa Newman, Member firstname.lastname@example.org
Craig Wilson, Member email@example.com
Jerry Kirker, Member firstname.lastname@example.org
Holly Johnson, Treasurer email@example.com
Amanda Fraley, Secretary firstname.lastname@example.org