Chapter I · Administration

ARTICLE 9. LAND BANK

Sections 1-901 to 1-914 · 14 sections

1-901 Land bank established.

The City of Greensburg, Kansas (herein after “City”), by the power vested in it by K.S.A. 12-5901 et seq., hereby establishes a city land bank. The land bank will be the centralized point of contact for individuals and developers interested in acquiring developable vacant and abandoned land within the City of Greensburg, Kansas. The land bank will be guided in its affairs by a board of trustees.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-902 Board of trustees.

The land bank board of trustees shall consist of a six (6) member board comprised of the Mayor and the City Council of the City of Greensburg, Kansas.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-903 Administrative staff.

The land bank staff shall consist of the administrative staff of the City of Greensburg, Kansas.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-904 Cash basis.

The bank shall be subject to the provisions of the cash-basis law, K.S.A. 10-1101 et seq., and amendments thereto, as provided in K.S.A. 12-5903(a).

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-905 Budget.

The budget of the bank shall be prepared, adopted and published as provided by law for other political subdivisions of the state. No budget shall be adopted by the board until it has been submitted to, reviewed and approved by the Governing Body of the City of Greensburg.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-906 Management of property.

For any property acquired by the land bank, the trustees shall: (1) manage, maintain and protect the same; (2) compile and maintain a written inventory of such property; (3) study, analyze and evaluate potential, present and future uses for such property which would provide for its effective re-utilization; (4) plan for and use the board’s best efforts to consummate the sale or other disposition of such property upon such terms and conditions deemed appropriate; (5) establish and maintain records and accounts reflecting all transactions, expenditures and revenues relating to the banks activities; and (6) develop such policies and procedures as the board determines reasonable and necessary to effectuate the purposes of the land bank.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-907 Property available for inclusion in land bank.

Property available for inclusion in the land bank shall include, but not be limited to: (1) parcels of tax delinquent property foreclosed on by the county of Kiowa pursuant to K.S.A. 79-2401, et seq. and requested by the land bank board of trustees pursuant to its authority under K.S.A. 12-5901, et seq. (Only property that has the potential for development within a reasonable period of time and has been accepted by the land bank board of trustees will be identified for inclusion in the land bank); (2) property currently held in the name of the City of Greensburg, Kansas; (3) parcels of property donated by other governmental entities; (4) property purchased by the land bank board of trustees to compliment properties previously identified to the land bank through other means; and (5) property offered to and accepted by the land bank.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-908 Incentives.

The land bank board of trustees may offer such incentives as it deems appropriate to encourage the development of land bank property.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-909 Consultation and review.

(a)The land bank staff shall consult with any individuals, organizations and developers which may be affected by a land bank development project and pass on to the land bank board of trustees the recommendations and concerns of individuals, organizations and developers.

(b)Proposals will be reviewed by the land bank staff and forwarded to the land bank board of trustees along with recommendations and or concerns of affected individuals, organizations and developers.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-910 Use of city funds.

The governing body of the City of Greensburg, Kansas may advance operating funds to the land bank to pay expenses of the board of trustees and the land bank.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-911 Annual report.

The land bank is required to make an annual report to the governing body of the City of Greensburg, Kansas, on or before January 31 of each year, showing receipts and disbursements from all funds under its control.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-912 Sale of property; investment of funds.

Any money derived from the sale of property by the land bank shall be retained by the land bank. Any funds not immediately required for the purposes of the land bank shall be invested in the manner provided by K.S.A. 12-1675, and amendments thereto.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-913 Trustee compensation and expenses.

Members of the board of trustees shall receive no compensation, but shall be paid their actual expenses in attending meetings and carrying out their duties as members of the board of trustees.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)

1-914 Statutory authority.

The provisions of this article shall at all times be consistent with K.S.A. 12-5901 et seq. and amendments thereto.

(K.S.A. 12-5901 et seq.; Ord. 1053; Code 2014)