§ 13-30-118. Appeal Procedure — Appeals Committee
The creating local government or local governments shall establish an appeal procedure as described in this section for any person aggrieved by the decision of the corporation with respect to real property proposed for acquisition or acquired by, held and disposed of by the corporation for the land bank. The legislative body of the local […]
§ 13-30-119. Monitoring of Corporation by Comptroller of the Treasury
The comptroller of the treasury shall monitor the actions of the corporation for a period of three (3) years from the date the corporation is created. No later than March 1st following the end of the third year of the creation of the corporation, the comptroller shall file a report with the governor and the […]
§ 13-30-120. Corporation Not to Own, Hold, Maintain or Manage Real Property Acquired Through Eminent Domain
Notwithstanding any provision of this chapter to the contrary, a corporation created pursuant to the chapter shall not own, hold, maintain, or manage any real property acquired through eminent domain by any county or municipality of this state.
§ 13-30-108. Contracts and Agreements
The corporation may enter into contracts and agreements with the creating local government or local governments for staffing services to be provided to the corporation by such local governments or agencies or departments thereof.
§ 13-30-109. Corporate Powers
The corporation shall have the power, as limited by the legislative body of the creating local government or local governments, to: Adopt, amend and repeal bylaws for the regulation of its affairs and the conduct of its business; Sue and be sued in its own name and plead and be impleaded in all civil actions, […]
§ 13-30-110. Acquisition and Maintenance of Real Property and Interests in Real Property
The corporation may acquire real property or interests in real property for the land bank by gift, devise, transfer, exchange, foreclosure, purchase, or otherwise on terms and conditions and in a manner the corporation considers proper. The corporation may acquire real property by purchase contracts, lease purchase agreements, installment sales contracts or land contracts, and […]
§ 13-30-111. Corporation to Hold Property — Maintenance and Availability of Inventory of Real Property — Policies and Procedures Regarding Consideration to Be Received for Transfers of Property — Hierarchical Ranking of Priorities for Use — Voting and Approval Requirements
The corporation shall hold in its own name all real property acquired by the corporation for the land bank irrespective of the identity of the transferor of such property. The corporation shall maintain and make available for public review and inspection an inventory of all real property held for the land bank. In addition to […]
§ 13-30-112. Keeping of Minutes and Records — Reports — Annual Audit
The board shall cause minutes and a record to be kept of all its proceedings and such records shall be available for timely public inspection. All meetings shall be open to the public with appropriate notice published in accordance with § 13-30-107(d). The board shall publish a report on an annual basis to its creating […]
§ 13-30-113. Dissolution of Corporation
A corporation created pursuant to this chapter may be dissolved in the manner established by the creating local government or local governments or otherwise in accordance with general law for the dissolution of a public corporation.
§ 13-30-114. Conflicts of Interest
No member of the board or employee of a corporation shall acquire any interest, direct or indirect, in real property acquired or held by the corporation. No member of the board or employee of the corporation shall have any interest, direct or indirect, in any contract or proposed contract for materials or services to be […]