Land Bank Agency

LAND BANK BOARD MEETING July 15, 2019 3:00 p.m. Administration Conference Room 225 City Hall, 903 W Main Street Blue Springs, Missouri 64015 1. Approval of May 20, 2019 Land Bank Board Meeting Minutes 2. Approval of an Amendment to the 2018-19 Land Bank Budget authorizing a transfer of funds relating to the sale of Parcels 2016-03-41-800-03-02-01-5-00-000 and 2016-04-41-820-04- 09-00-0-00-000 3. Executive Session – Discussion relating to litigation and real estate pursuant to Sections 610.021 (1) and (2), RSMo Posted Thursday, July 11, 2019 at City Hall, 903 W Main Street, Blue Springs, MO and on the City’s website. A quorum of the City Council may be in attendance, however no City Council votes will be taken. Julia Porter Board Secretary  CITY OF BLUE SPRINGS, MISSOURI MINUTES OF LAND BANK MEETING MAY 20, 2019 A meeting of the Land Bank of Blue Springs, Missouri was held on Monday, May 20, 2019 at 3:00 p.m. in the Training Room of City Hall, 903 W Main Street, Blue Springs, Missouri with Chairman Johnson presiding. COMMISSIONERS IN Eric Johnson Tracy White Baldridge ATTENDANCE James May Jim Fairbanks Kirk Sampson Also present were Staff Liaisons Christine Cates; Chris Sandie; Tom Cole; Karen Van Winkle; Lance Dillenschneider, Realtor; and Board Secretary Julia Porter. CALL TO ORDER Chairman Johnson called the Land Bank meeting to order at 3:00 p.m. APPROVE BOARD Commissioner Fairbanks moved to approve the minutes of the April MINUTES 15, 2019 meeting of the Land Bank of Blue Springs. Motion seconded by Commissioner Sampson and carried unanimously. EXECUTIVE SESSION At 3:00 p.m., Commissioner Fairbanks moved that the Land Bank go into closed session pursuant to Section 610.021, subparagraph (2), Revised Statutes of Missouri, for the purpose of privileged communications between a governmental body or its representative and legal counsel relating to real estate, and that any minutes, documents and other records discussed or taken during the closed session remain closed, and that this body stand adjourned at the completion of such session. Motion seconded by Commissioner White-Baldridge and carried with the following votes: White-Baldridge – Aye Fairbanks – Aye May – Aye Johnson – Aye Sampson – Aye ______________________________ Eric Johnson, Chair ________________________ Julia Porter, Board Secretary The Land Bank of Blue Springs 2018-19 fiscal year budget amendment is attached for your review and approval. The Land Bank currently holds 38 parcels of land as assets. Attached you will find a list of the parcels and the value of those parcels based upon the market value assigned by Jackson County. A list of the assets that have been transferred out of the Land Bank has been attached for your review as well. During this fiscal year, the Land Bank transferred ownership of three parcels with a total Jackson County market value of $53,130. These parcels were sold for a total of $412,064. Two of these properties will be taxable in 2019 (FY2020) while the other parcel will not be taxed until 2020 (FY2021) since it was sold after January 1, 2019. The FY2019 budget amendment includes the following:  Revenues $464,727 o Property Taxes $27,315 o Purchase Application Fees $75 o Sale of Land and Buildings of $417,064 o Farm Lease $10,268 o Interest income of $9,705 resulting from the increase in cash on hand and payment of delinquent taxes  Expenditures of $385,612 o Tax Collection Services – Jackson County 1% collection fee - $274 o Tax Collection Services – Land Bank 4% fee - $1093 o Tax Assessment Services –0.06% fee - $168 o Transfer to City for Debt Service – $385,612 resulting from the sale of properties and the increase in taxes related to properties located in the NID area o Professional Services – Costs related to the sale of Land Bank properties in the amount of $27,958  41-800-03-02-01-5-00-000 (Larkin – Hoot Owl)  41-820-04-09-00-0-00-000 (Larkin – Hoot Owl) Land Bank Board approval of this budget amendment will include and authorize the transfer of $460,085 to the City of Blue Springs for the payment of past due South Area Neighborhood Improvement District special assessments. Revenue Budget Summary Land Bank 2017-18 2017-18 2018-19 2018-19 Budget 2014-15 2015-16 Adopted $ Change % Change 2018-19 Total Account Account Description 2016-17 Actual Year-End Budget Amendment Actual Actual Budget from 2018 from 2018 Revised Budget Projection Request Request - 770.00000.401100.000 PROPERTY TAX - CURRENT - - - 74,986 78,777 84,647 9,661 13% $ 27,315 $ 111,962 Total Taxes - - - 74,986 78,777 84,647 9,661 13% - - - - - - - 0% Total Licenses and Permits - - - - - - - 0% - - - - - - - 0% Total Intergovernmental - - - - - - - 0% 770.00000.430100.000 PURCHASE APPLICATION FEE 25 25 - 100 100 - (100) -100% $ 75 $ 75 Total Charges for Service 25 25 - 100 100 - (100) -100% - - - - - - - 0% Total Fines and Penalties - - - - - - - 0% 770.00000.450100.000 INTEREST INCOME 79 450 500 $ 9,450 $ 9,950 770.00000.450521.000 INTEREST - DELINQUENT PROPERTY TAX - - - 3 3 - (3) -100% $ 255 $ 255 Total Interest Earnings - - - 82 453 500 418 510% 770.00000.460300.000 SALE OF LAND & BUILDINGS - - 356,130 - 31,150 - - 0% $ 417,064 $ 417,064 770.00000.460610.000 CHAPMAN FARM LEASE 1,200 1,062 - - - - - 0% $ 10,268 $ 10,268 Total Sales & Rentals 1,200 1,062 356,130 - 31,150 - - 0% 770.00000.480999.000 CONTRIBUTED CAPITAL - LAND BANK 45,396 56,658 - 97,866 93,731 - (97,866) -100% $ - Total Other Income 45,396 56,658 - 97,866 93,731 - (97,866) -100% - - - - - - - 0% $ - Total Operating Transfers In - - - - - - - 0% TOTAL LAND BANK REVENUES 46,621 57,745 356,130 173,034 204,211 85,147 (87,887) -50.79% $ 464,427 $ 549,574 U:\Financial Reporting\Land Bank of Blue Springs\Land Bank Budget\2019_770 Land Bank Budget Amendment 2019.07.09.Final.xls 2019_770 Land Bank Budget Amendment 2019.07.09.Final.xls Revenue Summary Expenditure Budget Summary Land Bank 2017-18 2017-18 2018-19 2018-19 Budget 2014-15 2015-16 2016-17 Adopted $ Change % Change 2018-19 Total Account Account Description Year-End Budget Amendment Actual Actual Actual Budget from 2018 from 2018 Revised Budget Projection Request Request 770.00000.520100.000 OFFICE SUPPLIES - - - - - - - 0% 770.00000.520300.000 POSTAGE - - - - - - - 0% Total Supplies and Materials - - - - - - - 0% 770.00000.530100.000 PROFESSIONAL SERVICES - - 380 362 362 - (362) -100% $ 27,958 $ 27,958 770.00000.530120.000 LEGAL SERVICES - - - - - - - 0% 770.00000.530150.000 AUDIT SERVICES - - - - - - - 0% 770.00000.530200.000 TAX COLLECTION SERVICES - - - 750 788 846 96 13% $ 274 $ 1,120 770.00000.530201.000 TAX COLLECTION SERVICES - LAND BANK 4% - - - 2,999 3,151 3,386 387 13% $ 1,093 $ 4,478 770.00000.530210.000 TAX ASSESSMENT SERVICES - - - 3 102 133 130 4318% $ 168 $ 301 770.00000.530300.000 TRAINING AND EDUCATION - - - - - - - 0% 770.00000.530330.000 MEETING & BUSINESS EXPENSES - - - - - - - 0% 770.00000.530350.000 DUES & MEMBERSHIPS - - - - - - - 0% 770.00000.530410.000 INSURANCE PREMIUMS & BONDS - - - 500 500 500 - 0% $ - $ 500 770.00000.530700.000 PRINTING & DUPLICATING - - - - - - - 0% 770.00000.530750.000 ADVERTISING & PROMOTION - - 169 - - - - 0% 770.00000.530800.000 LICENSES, FEES & PERMITS 284 - 81 80 - - (80) -100% Total Contractual Services 284 - 630 4,694 4,903 4,865 171 4% 770.00000.540100.000 LAND - - - - - - - 0% 770.00000.54900.000 GAIN/LOSS ON SALE OF LAND 35,615 - 25,896 - - - - 0% $ - Total Capital Outlay 35,615 - 25,896 - - - - 0% 770.00000.550470.000 TRANSFER TO CITY FOR DS PAYMENTS - NID - - 349,039 70,783 74,573 74,473 3,690 0% $ 385,612 $ 460,085 - - - - - - - 0% Total Operating Transfers Out - - 349,039 70,783 74,573 74,473 3,690 0% TOTAL LAND BANK EXPENSES 35,899 - 375,565 75,477 79,476 79,338 3,861 4% U:\Financial Reporting\Land Bank of Blue Springs\Land Bank Budget\2019_770 Land Bank Budget Amendment 2019.07.09.Final.xls 2019_770 Land Bank Budget Amendment 2019.07.09.Final.xls Expenditure Summary  LAND BANK ASSETS Acquisition NID Outstanding Asset Cost/Jackson County Assessments Annual NID Acquisition Date Number Parcel Number Market Value Notes as of 2018 Tax Bill Assessment 7/30/2013 2776 35-140-11-02-01-0-00-000 $ 7,497.00 7/30/2013 2772 35-410-11-04-00-0-00-000 $ 11.00 7/30/2013 2754 35-430-03-39-00-0-00-000 $ 188.00 7/30/2013 2775 35-440-05-42-00-0-00-000 $ 18,330.00 7/30/2013 2773 35-510-06-12-01-0-00-000 $ 34,503.00 7/30/2013 2755 35-540-01-01-01-0-00-000 $ 25,360.00 7/30/2013 2774 35-630-05-11-00-0-00-000 $ 540.00 7/30/2013 2759 35-820-20-17-00-0-00-000 $ 1,373.00 7/30/2013 2769 36-240-08-69-00-0-00-000 $ 11.00 7/30/2013 2761 36-320-09-78-00-0-00-000 $ 8,560.00 7/30/2013 2766 36-330-06-45-00-0-00-000 $ 135.00 7/30/2013 2762 36-910-09-48-01-1-00-000 $ 178.00 7/30/2013 2763 36-940-13-14-01-0-00-000 $ 4,128.00 7/30/2013 2764 36-940-15-01-01-0-00-000 $ 17,763.00 7/30/2013 2770 41-340-02-11-00-0-00-000 $ 102.00 7/30/2013 2777 41-340-25-33-00-0-00-000 $ 492.00 7/30/2013 2778 42-120-08-49-00-0-00-000 $ 100.00 11/27/2013 2809 35-610-04-68-00-0-00-000 $ 151.00 11/27/2013 2815 41-220-05-24-00-0-00-000 $ 10.00 11/27/2013 2816 41-220-05-32-00-0-00-000 $ 10.00 11/27/2013 2817 41-220-05-60-00-0-00-000 $ 10.00 11/27/2013 2818 41-310-18-37-02-0-00-000 $ 255.00 11/27/2013 2819 42-610-03-84-01-0-00-000 $ 56.00 3/25/2014 2836 54-410-99-10-00-0-00-000 $ 2,040.00 $ 46,952.70 $ 4,695.27 3/25/2014 2834 54-420-06-99-00-0-00-000 $ 2,809.00 $ 118,858.10 $ 11,885.81 3/25/2014 2835 54-420-98-03-01-0-00-000 $ 5,998.00 $ 253,940.00 $ 25,394.00 5/1/2015 2970 41-410-17-20-01-0-00-000 $ 2,689.00 5/1/2015 2967 36-130-26-04-00-0-00-000 $ 35,720.00 5/1/2015 2968 54-330-97-03-00-0-00-000 $ 3,342.00 NID - Edgewater $ 95,599.35 $ 10,622.15 5/1/2015 2969 54-330-98-02-01-0-00-000 $ 14,907.00 NID - Edgewater $ 398,218.05 $ 44,246.45 3/27/2017 3197 41-940-99-01-01-0-00-000 $ 51,739.00 NID - Platz $ 542,110.16 $ 67,763.77 3/27/2017 3202 36-910-16-27-02-0-00-000 $ 300.00 Sunny Side Slopes Amended Plat 3/1/2018 3282 41-700-03-03-00-0-00-000 $ 15,371.00 NID - Excel Bank $ 195,361.68 $ 32,560.28 3/1/2018 3280 54-200-04-10-00-0-00-000 $ 23,358.00 NID - Excel Bank $ 386,184.84 $ 64,364.14 3/1/2018 3281 54-100-02-03-00-0-00-000 $ 19,005.00 NID - Excel Bank $ 255,362.64 $ 42,560.44 3/1/2018 3283 54-200-01-08-00-0-00-000 $ 34,432.00 NID - Excel Bank $ 625,758.06 $ 104,293.01 3/1/2018 3284 35-610-03-17-00-0-00-000 $ 155.00 3/1/2018 3285 36-340-15-25-00-0-00-000 $ 1,410.00 Total Assets: $ 333,038.00 Total $ 2,918,345.58 $ 408,385.32  RETIRED LAND BANK ASSETS Acquisition Cost/Jackson Acquisition TAX County Market Retirement Date Asset Number Parcel Number CODE Value Date Sales Price Notes 7/30/2013 000000002756 35-630-01-58-03-0-00-000 $ 8,178.00 6/18/2014 $ - Transferred to City - Exempt 7/30/2013 000000002768 35-630-09-06-01-0-00-000 $ 134.00 6/18/2014 $ - Transferred to City - Exempt 7/30/2013 000000002757 35-710-19-13-00-0-00-000 $ 5,316.00 6/18/2014 $ - Transferred to City - Exempt 7/30/2013 000000002758 35-820-20-05-00-0-00-000 $ 1,468.00 6/18/2014 $ - Transferred to City - Exempt 7/30/2013 000000002765 41-220-04-55-00-0-00-000 $ 20,000.00 6/18/2014 $ - Transferred to City - Exempt 3/25/2014 000000002833 54-340-99-99-00-0-00-000 $ 10.00 8/1/2014 $ - NID - Public Works Lift Station - Paid two years 7/30/2013 000000002760 35-830-01-01-00-0-00-000 $ 509.00 8/1/2014 $ - Transferred to City - Exempt 11/27/2013 000000002814 36-940-09-03-00-0-00-000 042 $ 5,980.00 9/30/2015 $ 5,980.00 Conoco - Taxable in 2016 3/25/2014 000000002832 54-340-99-96-00-0-00-000 122 $ 24,919.00 11/30/2015 $ 349,440.00 NID - Lot 10 Chapman Farms 54-340-02-46-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---TR B 54-340-02-47-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 1 54-340-02-48-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 2 54-340-02-49-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 3 54-340-02-50-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 4 54-340-02-51-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 5 54-340-02-52-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 6 54-340-02-53-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 7 54-340-07-30-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---TR A 54-340-07-31-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 34 54-340-07-32-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 33 54-340-07-33-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 32 54-340-08-01-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 31 54-340-08-02-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 30 54-340-08-03-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 29 54-340-08-04-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---TR C 54-340-08-05-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 28 54-340-08-06-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 27 54-340-08-07-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 26 54-340-08-08-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 25 54-340-09-01-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 16 54-340-09-02-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 17 54-340-09-03-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 18 54-340-09-04-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 19 54-340-09-05-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 20 54-340-09-06-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 21 54-340-09-07-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 22 54-340-09-08-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 23 54-340-09-09-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 24 54-340-10-01-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 8 54-340-10-02-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 9 54-340-10-03-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 10 54-340-10-04-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 11 54-340-10-05-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 12 54-340-10-06-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 13 54-340-10-07-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 14 54-340-10-08-00-0-00-000 122 RIDGEWOOD PLACE AT CHAPMAN FARMS 1ST PLAT LOT 9---LOT 15 54-340-99-96-01-0-00-000 122 RIDGEWOOD PLACE REMAINING PARCEL 11/27/2013 000000002811 35-620-05-01-03-0-00-000 042 $ 170.00 4/30/2016 $ 25.00 Transferred - Long - Taxable in 2017 11/27/2013 000000002812 35-720-08-98-02-0-00-000 042 $ 807.00 4/30/2016 $ 250.00 Transferred - Zellmer - Taxable in 2017 11/27/2013 000000002810 35-610-07-12-00-0-00-000 042 $ 9.00 8/31/2017 $ - Weatherstone Manor - Taxable in 2018 11/27/2013 000000002813 35-810-11-37-00-0-00-000 042 $ 2,162.00 11/17/2017 $ 150.00 Transferred - Crutcher - Taxable in 2018 3/27/2017 000000003200 41-920-07-40-00-0-00-000 063 $ 25,537.00 11/21/2017 $ 9,500.00 Southgate Hills 10th Lot 246 - Taxable in 2018 3/27/2017 000000003201 35-510-05-14-00-0-00-000 042 $ 125,300.00 12/29/2017 $ 16,500.00 Blue Springs Hotel Group - 1st Plat Lot 1 - Taxable in 2018 7/30/2013 00000002767 42-710-02-09-01-0-00-000 063 $ 11,365.00 4/20/2018 $ 5,000.00 Transferred - Shotton - Taxable in 2019 3/27/2017 000000003198 41-800-03-02-01-5-00-000 042 $ 11,562.00 10/2/2018 $ 141,296.40 NID - Platz Property (Hoot Owl Acres) - Taxable in 2019 3/27/2017 000000003199 41-820-04-09-00-0-00-000 042 $ 10,238.00 10/2/2018 $ 270,766.60 NID - Platz Property (Hoot Owl Ridge) - Taxable in 2019 7/30/2013 00000002771 35-230-03-64-00-0-00-000 042 $ 31,330.00 1/4/2019 $ 1.00 Transferred - Sunnypointe Association - Taxable in 2020? Total Retirements: $ 284,994.00 $ 798,909.00