Land Bank Agency

LAND BANK BOARD MEETING July 20, 2026 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. Call meeting to Order 2. Confirmation of a Quorum 3. Approve Minutes of March 16, 2026 Land Bank meeting 4. Quarterly Financials 5. Visitors 6. Closed Session - Discussion related to Real Estate pursuant to Section 610.021 (2) Posted July 16, 2026 at City Hall and on the City’s website. Erin Ford, Land Bank Board Secretary  CITY OF BLUE SPRINGS, MISSOURI MINUTES OF LAND BANK MEETING March 16, 2026 A meeting of the Land Bank of Blue Springs, Missouri was held on Monday, March 16, 2026 at 3:00 p.m. in the 210 Training Room of City Hall, 903 W Main Street, Blue Springs, Missouri with Chair Kirk Sampson presiding. COMMISSIONERS IN Brian Bough ATTENDANCE Antoine Jennings Jennifer Irey – Vice Chair Kirk Sampson – Chair Also present were City Administrator Christine Cates, City Development Planner III Shantele Frie and Board Secretary Erin Ford. CALL TO ORDER AND Chair Sampson called the Land Bank meeting to order at 3:00 p.m. and CONFIRMATION OF A Board Secretary Ford confirmed a quorum of the Lank Bank was QUORUM present. APPROVE BOARD Commissioner Bough moved to approve the Minutes of the December MINUTES 15, 2025 Land Bank of Blue Springs meeting. Motion seconded by Commissioner Irey and carried unanimously. QUARTERLY City Administrator Christine Cates presented the Land Bank Quarterly FINANCIALS Financial Statements. The Financial Statements were previously made available to the public as an attachment to the meeting agenda. APPROVE INVOICES Commissioner Irey moved to approve two invoices from Arbor FOR LAND CLEARING Master’s for the phased land clearing of Land Bank property located AT 102 SW CHICAGO at 102 SW Chicago Street. One in the amount of $2,850 and the other STREET in the amount of $3,795.86. Motion seconded by Commissioner Bough and carried with the following vote: Bough – Aye Irey – Aye Jennings - Aye Sampson – Aye CLOSED SESSION At 3:04 p.m., Commissioner Bough moved for the Land Bank to go into closed session pursuant to Section 610.021 (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 the special meeting of this body stand adjourned at the completion of such session. Motion seconded by Commissioner Irey and carried with the following vote: Bough-Aye Irey – Aye White-Baldridge – Absent Sampson – Aye  Land Bank Minutes Page 2 _____________________________ Kirk Sampson, Chair ATTEST: __________________________ Erin Ford, Board Secretary  CITY OF BLUE SPRINGS BALANCE SHEET - LAND BANK FISCAL YEAR 2025-26 FOR THE PERIOD ENDED - MARCH 31, 2026 CATEGORY LAND BANK ASSETS Cash and investments $ 46,245 Receivables (net of allowances Taxes - Accounts Accrued interest - Interfund receivables - Land 179,013 Prepaid items - TOTAL ASSETS $ 225,258 LIABILITIES Accounts payable $ 10,000 Accrued liabilities - Interfund payable - Long term debt - TOTAL LIABILITIES $ 10,000 FUND BALANCES Reserved for: Encumbrances - Unassigned 215,258 TOTAL FUND BALANCES $ 215,258 TOTAL LIABILITIES AND FUND BALANCE $ 225,258 Page 1  CITY OF BLUE SPRINGS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - LAND BANK FISCAL YEAR 2025-26 FOR THE PERIOD ENDED - MARCH 31, 2026 CATEGORY LAND BANK REVENUES: Farm Lease $ - Sale of Land 142 Property Taxes 7,085 Interest 748 Contributed Capital - Land - Other 25 TOTAL REVENUES $ 8,000 EXPENDITURES: Personal Services - Materials & Supplies - Contractual Services 18,473 Capital Outlay - Capital Improvements - Debt service: - Transfer for Debt Payments - TOTAL EXPENDITURES $ 18,473 Excess of revenues over (under) expenditures $ (10,474) OTHER FINANCING SOURCES (USES): Issuance of bonds - Discount on bond issuance Loss on sale of asset (11,264) Transfers in Transfers (out) - TOTAL OTHER FINANCING SOURCES (USES) $ (11,264) NET CHANGE IN FUND BALANCES (21,738) FUND BALANCES - OCTOBER 1, 2025 $ 236,997 FUND BALANCES - DECEMBER 31, 2025 $ 215,258 Page 2  CITY OF BLUE SPRINGS BALANCE SHEET - LAND BANK FISCAL YEAR 2025-26 FOR THE PERIOD ENDED - JUNE 30, 2026 CATEGORY LAND BANK ASSETS Cash and investments $ 108,678 Receivables (net of allowances Taxes - Accounts Accrued interest - Interfund receivables - Land 179,013 Prepaid items - TOTAL ASSETS $ 287,691 LIABILITIES Accounts payable $ 10,000 Accrued liabilities - Interfund payable - Long term debt - TOTAL LIABILITIES $ 10,000 FUND BALANCES Reserved for: Encumbrances - Unassigned 277,691 TOTAL FUND BALANCES $ 277,691 TOTAL LIABILITIES AND FUND BALANCE $ 287,691 Page 1  CITY OF BLUE SPRINGS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - LAND BANK FISCAL YEAR 2025-26 FOR THE PERIOD ENDED - JUNE 30, 2026 CATEGORY LAND BANK REVENUES: Farm Lease $ - Sale of Land 142 Property Taxes 72,232 Interest 1,319 Contributed Capital - Land - Other 25 TOTAL REVENUES $ 73,719 EXPENDITURES: Personal Services - Materials & Supplies - Contractual Services 21,759 Capital Outlay - Capital Improvements - Debt service: - Transfer for Debt Payments - TOTAL EXPENDITURES $ 21,759 Excess of revenues over (under) expenditures $ 51,959 OTHER FINANCING SOURCES (USES): Issuance of bonds - Discount on bond issuance Loss on sale of asset (11,264) Transfers in Transfers (out) - TOTAL OTHER FINANCING SOURCES (USES) $ (11,264) NET CHANGE IN FUND BALANCES 40,695 FUND BALANCES - OCTOBER 1, 2025 $ 236,997 FUND BALANCES - DECEMBER 31, 2025 $ 277,691 Page 2