Land Bank Agency

LAND BANK BOARD MEETING April 18, 2022 3:00 p.m. Training Room 210 City Hall, 903 W Main Street Blue Springs, Missouri 64015 Anyone wishing to address the Land Bank in the Visitors Section of the Agenda, must fill out a Speaker’s Appearance Form. Forms are available online or located at the entrance of the conference room. After completion, the form is to be given to the Board Secretary prior to the start of the meeting. 1. Approval of the February 22, 2022 Land Bank Board Meeting Minutes 2. Quarterly Financial Statements 3. Status Update - City Code violation on Parcel 2013-28-36-940-15-01-01-0-00-000 4. Visitors 5. Adjourn Posted Thursday, April 14, 2022 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 FEBRUARY 22, 2022 A meeting of the Land Bank of Blue Springs, Missouri was held on Tuesday, February 22, 2022 at 3:00 p.m. with Chairman May presiding. CONFIRMATION OF A James May, Chair Kirk Sampson – VIA TELEPHONE CONFERENCE QUORUM Jennifer Irey Tracy White-Baldridge - ABSENT Also present were Staff Liaisons Christine Cates, Jackie Sommer, Chris Sandie, Mike Mallon, and Board Secretary Julia Porter. CALL TO ORDER Chairman May called the Land Bank meeting to order at 3:08 p.m. APPROVE BOARD Commissioner Irey moved to approve the minutes of the January 18, 2022 MINUTES meeting of the Land Bank of Blue Springs. Motion seconded by Commissioner Sampson and carried with the following votes: Sampson - Aye Irey – Aye White-Baldridge – ABSENT May – Aye REVIEW DETAILS OF Board Secretary Julia Porter reviewed the details of the City Code violation on CODE VIOLATION ON Land Bank Parcel 2013-28-36-940-15-01-01-0-00-000 and presented the PARCEL 2013-28 following staff recommendations: • Land Bank responds to City Code department’s notification that a violation is present on the subject property, as a result of the citizen complaint o Post “No Trespassing” signs on the Land Bank property o Send letter to neighboring property owners requesting for them to remove all items within 45 days from the Land Bank property o Determine next steps if items are not removed from the subject property The Memo from staff outlining the details is attached to these Minutes and incorporated hereto. APPROVE ACTION IN Commissioner Irey moved to proceed with staff’s recommendations to give RELATION TO CODE notice of no trespass and to remove all items from the Land Bank Parcel 2013- VIOLATION ON PARCEL 28-36-940-15-01-01-0-00-000. Motion seconded by Commissioner Sampson 2013-28 and carried with the following votes: Sampson - Aye Irey – Aye White-Baldridge – ABSENT May – Aye ADJOURNMENT There being no further business, Commissioner Irey moved to adjourn the meeting. Motion seconded by Commissioner Sampson and carried with the following votes: Sampson – Aye Irey – Aye White-Baldridge – ABSENT May – Aye Chairman May declared the meeting adjourned at 3:25 p.m. ______________________________ ________________________ James May, Chair Julia Porter, Board Secretary  CITY OF BLUE SPRINGS BALANCE SHEET - LAND BANK FISCAL YEAR 2021-22 FOR THE PERIOD ENDED - MARCH 31, 2022 CATEGORY LAND BANK ASSETS Cash and investments $ 225,383 Receivables (net of allowances Taxes - Accounts Accrued interest - Interfund receivables - Land 243,504 Prepaid items - TOTAL ASSETS $ 468,887 LIABILITIES Accounts payable $ 40,100 Accrued liabilities - Interfund payable - Long term debt - TOTAL LIABILITIES $ 40,100 FUND BALANCES Reserved for: Encumbrances - Unassigned 428,787 TOTAL FUND BALANCES $ 428,787 TOTAL LIABILITIES AND FUND BALANCE $ 468,887 Page 1  CITY OF BLUE SPRINGS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - LAND BANK FISCAL YEAR 2021-22 FOR THE PERIOD ENDED - MARCH 31, 2022 CATEGORY LAND BANK REVENUES: Farm Lease $ - Sale of Land 100 Property Taxes 114,224 Interest 656 Contributed Capital - Land - Other - TOTAL REVENUES $ 114,980 EXPENDITURES: Current: Personal Services - Materials & Supplies - Contractual Services 6,660 Capital Outlay - Capital Improvements - Debt service: - Principal retirement - Interest and fiscal charges - TOTAL EXPENDITURES $ 6,660 Excess of revenues over (under) expenditures $ 108,320 OTHER FINANCING SOURCES (USES): Issuance of bonds - Discount on bond issuance Loss on sale of asset - Transfers in Transfers (out) - TOTAL OTHER FINANCING SOURCES (USES) $ - NET CHANGE IN FUND BALANCES 108,320 FUND BALANCES - OCTOBER 1, 2021 $ 320,467 FUND BALANCES - MARCH 31, 2022 $ 428,787 Page 2