Land Bank Authority

Rome/Floyd Land Bank Authority Minutes Friday, March 5, 2021 8:30 AM Carnegie Training Room Committee Members Present: Others: Roger Smith Jake Hager- South Rome Alliance Harry Brock Kevin Payne- Tax Commissioner David Mathis Rob Ware Lowrey May Staff: Bekki Fox- Community Development Director Suzanne Parris- Community Development Grant and Housing Administrator Welcome and Call to order: Roger Smith called the meeting to order at 8:35 AM. A quorum was established. Approval of Minutes: Smith asked for any corrections to the minutes from the meeting of February 5, 2021. Not hearing any other corrections or omissions, the minutes were approved by common consent. Authority Updates: Fox provided copies for review of the current LBA policies and Procedures and priorities. Discussion was made. Fox introduced Jake Hager, the new South Rome Alliance Executive Director. Hager thanked the board for such a great partnership for property transfers. Fox displayed some updated development photos of the new constructions on Peachtree St. Fox also provided a break-out of the full project cost. Hager talked about South Rome’s commitment to being a community partner and developing in other areas of town. Discussion was made. Roger Smith made discussion on the recent housing summit that was attended by several board members. Lengthy discussion was made about local changes that are being considered. The board also discussed exploring options for purchasing a house plan that could be used to incentivize builders for new construction of some of the blighted properties the LBA has in inventory. 330 Ross St: Fox provided an update from the attorney regarding the title on the property at 330 Ross St. Fox read the recommendations from William Richardson and asked the board how they wish to move forward at this time. After discussion, Rob Ware made a motion to table the decision until the next meeting. Which was seconded by Lowery May. Motion carried. One major concern was the cost of the quiet title action and length of time to get it cleared. Fox also gave an update on 2 pending offers from the February meeting. Fox stated the County has decided to not transfer the properties at Bunrattey Way and Erin Ct. Financial Report: The Financial report was distributed for review. Report attached. Property Purchase Request: Fox presented the applications for property acquisition through the Land Bank Authority. The applications were discussed and the outcome is listed as follows:  712 Boundary Street (J14O314); The board reviewed an application submitted for the purchase of a wooded parcel on Boundary Street. Brannon Bates offered $950.00 for parcel J14O314. Bate’s development plan is to clear the property to potentially build a home and start a family. After discussion, the board took action as follows: o Harry Brock moved to authorize staff to counter the offer at $2,500.00, or negotiate no lower than $1,500.00 for parcel J140314, subject to conveyance from Floyd County, which was seconded by Rob Ware. Motion carried.  Beverly Rd (I13L321); The board reviewed an application submitted for the purchase of a wooded parcel on Beverley Road. Star Time Technology Center offered $500.00 for parcel I13L321. After discussion, the board took action as follows: o Harry Brock moved to accept the $500.00 offer presented from Star Time Technology Center for parcel I13L321, subject to conveyance from Floyd County, which was seconded by Rob Ware. Motion carried.  1 Blacks Bluff Rd (I14Z221); The board reviewed an application submitted for the purchase of a parcel at Blacks Bluff. Star Time Technology Center offered $500.00 for parcel I14Z221. After discussion, the board took action as follows: o Rob Ware asked that staff contact the adjacent property owner as a courtesy to make sure they are not interested in the lot. If not Ware moved to accept the $500.00 offer presented from Star Time Technology Center for parcel I14Z221, subject to conveyance from Floyd County, which was seconded by Harry Brock. Motion carried.  Lyons Bridge Rd (E19Z036)) (E19Z036); The board reviewed two applications submitted for the purchase of two wooded parcels on Lyons Bridge Rd. Jimmy Tate offered $1,400.00 for parcels E19Z036 & E19Z036 . Tate’s development plan is to maintain the property as vacant lot and use for future possible expansion. After discussion, the board took action as follows: o David Mathis moved to accept the $1,400.00 offer presented from Jimmy Tate for parcels E19Z036 & E19Z036, subject to conveyance from Floyd County, which was seconded by Lowrey May. Motion carried. Other Business: Fox stated the next scheduled meeting will be held on Friday, April 7, 2021 at 8:30 am. Adjourn: There being no further business, the meeting was adjourned at 10:30 A.M. Respectfully submitted, Suzanne Parris Recording Secretary