ADICA discusses Land Bank Authority takeover - WALB.com, Albany News, Weather, Sports

ADICA discusses Land Bank Authority takeover

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March 5, 2008

Albany -- The Albany-Dougherty Inner City Authority wants to get their hands on some tax delinquent properties .in their newest effort to revitalize downtown.

The problem is that another authority has that power right now.

In 1998, the Land Bank Authority was established to accept and issue deeds in the acquisitions of tax delinquent properties.

But that authority has been dormant for the past six years.

Wednesday night, ADICA board members voted to seek legal counsel in an attempt to manage and direct the Land Bank Authority themselves.

"ADICA would have that opportunity to go and explore an entire list of tax delinquent properties and pick those that best suited our needs for downtown redevelopment and offer that parcel, or those parcels, to help us further drive the revitalization efforts in downtown Albany," said ADICA Executive Director Don Buie.

The Land Bank Authority was originally a four member board with members appointed by the mayor and county commission.

The city and county would have to approve the motion for ADICA to take over the Land Bank Authority.

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