Archive for January 2017

Agenda and Board Package for February 9

Board of Directors Meeting
February 9, 2017
3:30 p.m.

Agenda and Board Package

1. Roll Call
2. Public Comment
3. Approval of Minutes for the Meeting of January 19, 2017
4. Election of 11th Board Member, Officers & Appointment of Committee Members
5. Amendment to Strategic Plan
6. Update on Property Transfers
7. Approval of Revised FY 17 Operating Budget
8. Amendment to Contract with Drexel University – Andrea Saah
9. Amendment to Contract with Drexel University – Fellows Program
10. Authorization to Acquire Certain Properties at Tax Foreclosure Sale
11. Dispositions

• 1206, 1207, 1214, 1219, 1221, 1222, 1225 N Etting Street & 1214 N 27th Street, Etting Street Holdings, LLC
• 1314 Dover Street, SVM Development, LLC
• 1824 Ridge Avenue, Celia2008, LLC
• 819-21 Uber Street, LDC Development, LLC
• 1307 N. Newkirk Street, 1437 N. Dover Street, 2715 Cabot Street, Raza Homes, LLC
• 1537 Cecil B. Moore Avenue, GarGos Webb, LLC
• 2208 Mascher Street, Iris Santa
• 2440 Waterloo Street, Milianie Boyer Melendez

12. Adjournment

This meeting is open to the public

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Land Bank Board Approves 2017 Strategic Plan

The Philadelphia Land Bank Board has approved the Land Bank’s 2017 Strategic Plan. The Strategic Plan will now be submitted to City Council for its consideration.  The Strategic Plan analyzes market conditions and resident needs and identifies opportunities where publicly owned land can support housing, green space and other reuses.

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Land Bank Accepting Recommendations for New Board Member

The Land Bank is accepting recommendations for its board through Feb. 2. One position is available. Individuals and organizations may recommend someone, and an individual may recommend him/herself.

A potential board member must:

  • Have expertise in relevant areas, including but not limited to planning, real estate development, open space and architecture
  • Live or have a primary office in the City of Philadelphia
  • File State and City Statement of Financial Interest forms (but not as part of the recommendation process)
  • Be compliant with all City taxes, and any property owned must be clear of any municipal liens

A letter of recommendation and the resume of the person to be considered may be submitted via email at landbank@phila.gov.

The new board member will be chosen by the 10 current board members. The Land Bank board expects to reach this decision in time for the new board member to attend and participate in the Feb. 9, 2017 board meeting.

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Land Bank Issues Corrected Acquisition, Disposition Tables

File this one under nobody’s perfect. Numerous attendees at the Jan. 5 public hearing on the Land Bank Strategic Plan called for increasing the property acquisitions and dispositions for housing affordable to very low-income households. In response, the Land Bank doubled the percentage of properties targeted for these families. Those higher percentages are included in the acquisition and disposition tables in the revised draft Strategic Plan now on the website.

Unfortunately, we forgot to apply those higher percentages to the total number of properties, and so the raw numbers of acquisitions and dispositions in the tables did not change. The corrected tables are below, and the Land Bank board will be asked at its Jan. 19 board meeting to amend the Strategic Plan to include them.

We regret the error, and we appreciate your understanding and interest in Land Bank activities.

Table 7 Land Bank Strategic Plan Revised

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Draft Strategic Plan 2017

The Land Bank has revised its Draft Strategic Plan for consideration by the Board. Based on comments received at the public hearing held on Jan. 5, the Land Bank made revisions to the acquisition and disposition goals, the acquisition and disposition policies, and to the content of the Strategic Plan. The Board will consider adoption of the revised Strategic Plan at its Jan. 19 meeting.

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