Land Bank

The goals of the Belle Plaine Land Bank are to:


CITY OF BELLE PLAINE, KANSAS

ORDINANCE NO. 1678

 

AN ORDINANCE CREATING AND ESTABLISHING A

BELLE PLAINE LAND BANK.

 

BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF BELLE PLAINE, KANAS:

 

SECTION 1. Purpose    

The purpose of creating the Land Bank is to implement the authority granted to the Governing Body, by K.S.A. 12-5901 et seq. to establish or dissolve a Land Bank by Ordinance. The Land Bank will be a quasi-governmental entity with the primary responsibility and authority for acquiring, maintaining, and selling abandoned property in order to address the problems and issues created by these distressed properties. The Land Bank shall also be responsible for the acquisition of title to real estate, eliminate liabilities for said real estate, and provide proper disposition of acquired property.

 

The goals of the Belle Plaine Land Bank are to:

 

SECTION 2. Definitions.

 

SECTION 3. Land Bank Board of Trustees; Appointment, Terms and Dissolution

Section 3.1. There is hereby established a Land Bank Board of Trustees (“Board”). The Board shall be composed of the entire membership of the Governing Body of the City, ex officio, who shall be voting members, and one additional member appointed by the Mayor, who shall be a non-voting member and who shall be a City Staff member.”

Section 3.2. The Land Bank staff shall consist of the administrative staff and department heads of the City of Belle Plaine, Kansas.

Section 3.3. The Bank may be dissolved by Ordinance of the Governing Body. In such case, all property of the Bank shall be transferred to and held by the City and may be disposed of as otherwise provided by law.

 

SECTION 4. Land Bank Board of Trustees; Powers and Duties

Section 4.1. The Land Bank Board of Trustees shall have the following powers and duties:

Section 4.2. Any property acquired by the City of Belle Plaine, Sumner County, or any other taxing subdivision within the City of Belle Plaine or Sumner County may be transferred to the Bank. The Board may accept or refuse to accept any property authorized to be transferred pursuant to this Ordinance or state law. The transfer of any property pursuant to this subsection shall not be subject to any bidding requirement and shall be exempt from any provision of law requiring a public sale.

Section 4.3. The fee simple title to any real estate which is sold to Sumner County in accordance with the provisions of K.S.A. 79-2803 and 79-2804, and amendments thereto, and upon acceptance by the Board may be transferred to the Bank by a good and sufficient deed by the County Clerk upon a written order from the Board of County Commissioners.

Section 4.4. The board shall assume possession and control of any property acquired by it under this Ordinance or state law, and shall hold and administer such property. In the administration of property, the Board shall:

 

SECTION 5. Land Bank; Operational Requirements     

Section 5.1. The Bank shall be subject to the provisions of the cash-basis law, K.S.A. 10-1101 et seq., and amendments thereto.

Section 5.2. The budget of the Bank shall be prepared, adopted and published as provided by law for other political subdivision of the state. No budget shall be adopted by the Board until it has been submitted to, reviewed and approved by the Governing Body.

Section 5.3. The board shall keep accurate accounts of all receipts and disbursements. The receipts and disbursements of the Board shall be audited yearly by a certified or licensed public accountant and the report of the audit shall be included in and become part of the annual report of the Board.

Section 5.4. All records and accounts shall be subject to public inspection pursuant to K.S.A. 45-216 et seq., and amendments thereto.

Section 5.5. Any moneys of the Bank which are not immediately required for the purposes of the Bank shall be invested in the manner provided by K.S.A. 12-1675, and amendments thereto.

Section 5.6. The Bank shall make an annual report to the Governing Body on or before January 31 of each year, showing receipts and disbursements from all funds under its control and showing all property transactions occurring in each year. Such report shall include an inventory of all property held by the Bank. A copy of such inventory also shall be published in the official City newspaper on or before January 31 of each year.

Section 5.7. The Bank shall be subject to the statutory requirements for the deposit of public money as provided by K.S.A. 9-1401 et seq. and the amendments thereto.

Section 5.8. The Board, without competitive bidding, may sell any property acquired by the Board at such times, to such persons, and upon such terms and conditions, and subject to such restrictions and covenants deemed necessary or appropriate to assure the property’s effective reutilization. The sale of any real property by the Board, under the provisions of this Ordinance or state law, on which there are delinquent special assessments to finance public improvements shall be conditioned upon the approval of the Governing Body.

Section 5.9. The Board, for purposes of land disposition, may consolidate, assemble or subdivide individual parcels of property acquired by the Bank.

Section 5.10. Until sold or otherwise disposed of by the Bank and except for special assessments levied by the City to finance public improvements, any property acquired by the Bank shall be exempt from the payment of ad valorem taxes levied by the state and any other political or taxing subdivision of the state.

Section 5.11. Except for special assessments levied by a municipality to finance public improvements, when the Board acquires property pursuant to this Ordinance and state law, the county treasurer shall remove from the tax rolls all taxes, assessments, charges, penalties and interest that are due and payable on the property at the time of acquisition by the Board.

Section 5.12. Property held by the Bank shall remain liable for special assessments levied by a municipality to finance public improvements, but no payment thereof shall be required until such property is sold or otherwise conveyed by the Bank.

Section 5.13. The Governing Body of any municipality which has levied special assessments on property acquired by the Bank may abate part or all of the special assessments, and the Bank and the Governing Body may enter into agreements related thereto. Any special assessments that are abated shall be removed from the tax rolls by the County Treasurer as of the effective date of the abatement.

Section 5.14. Any moneys derived from the sale of property by the Bank shall be retained b the Bank for the purposes and operations thereof; provided, however that the Board may use all or any part of the proceeds from the sale to reimburse the City for delinquent special assessments due on such property.

 

SECTION 6.  Land Bank; Organization

Section 6.1. The Board shall select annually, from its membership, a chairperson and a vice-chairperson. The City treasurer shall serve as Land Bank treasurer and the City Clerk as Land Bank Clerk.

Section 6.2. The Board may appoint such officers, agents and employees as it may require for the performance of its duties, and shall determine the qualifications and duties and fix the compensation of such officers, agents and employees.

Section 6.3. The Board shall fix the time and place at which its meetings shall be held. Meetings shall be held within 30 days and shall be subject to the provision of K.S.A. 75-4317 et seq., and amendments thereto.

Section 6.4. A majority of the Board shall constitute a quorum for the transaction of business. No action of the Board shall be binding unless taken at a meeting at which at least a quorum is present.

Section 6.5. The members of the Board shall be subject to the provisions of the laws of the state of Kansas which relate to conflicts of interest of county officers and employees, including, but not limited to, K.S.A. 75-4301 et seq., and amendments thereto.

Section 6.6. Subject to the provisions of K.S.A. 75-6101 et seq., and amendments thereto, if any action at law or equity, or other legal proceeding, shall be brought against any member of the Board for any act or omission arising out of the performance of duties as a member of the Board, such member shall be indemnified in whole and held harmless by the Board for any judgment or decree entered against such member and, further, shall be defended at the cost and expense of the Bank in any such proceeding