Home » Featured »Sunday Poll » Currently Reading:

Sunday Poll: Should The LRA Bank Properties In Low-Density Neighborhoods?

November 5, 2017 Featured, Sunday Poll No Comments
Please vote below

Today’d poll relates to the LRA:

The Land Reutilization Authority (LRA) receives title to all tax delinquent properties not sold at the Sheriff’s sale. It also receives title to properties through donations. The SLDC Real Estate Department maintains, markets, and sells these properties and performs land assemblage for future development.

A new board bill (#187) introduced Friday seeks to force the sale of excess properties:

BOARD BILL NO. 187 INTRODUCED BY ALDERMAN JOHN COLLINS-MUHAMMAD An ordinance requiring Land Reutilization Authority (the “LRA”) to sell LRA Land Bank properties which have been owned by the City of St. Louis for a period of more than ten (10) years and located within a Ward containing five-hundred (500) or more LRA Land Bank properties to purchasers for the sum of one dollar ($1.00), such sale to be conditioned upon the written approval of the Alderman of the Ward in which said property is located.

Would requiring the sale of these properties reduce the city’s ability to land a big project like the NGA?

This poll will close at 8pm — assuming the time change settings are correct.

— Steve Patterson

 

Comment on this Article:

Advertisement



FACEBOOK POSTS

Archives

Categories

Advertisement


Subscribe