Explanation
Background: The Land Management Fund was created in September, 1998 to provide funds for various expenses associated with quiet title actions on properties in the land bank that were acquired through the Auditor's Forfeiture Sale and for various expenses associated with the delinquent properties pursued through environmental court (i.e. publication costs, filing fees, court costs, attorney and title fees, utility and property taxes.)
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Fiscal Impact: This legislation appropriates $57,000 from the unappropriated balance of the Land Management Fund for the administration of the Land Management program. The cash balance of this fund is approximately $225,000.
This ordinance is submitted as an emergency to allow payment of existing and on-going operating expenses.
Title
To authorize the appropriation of $57,000 from the unappropriated balance of the Land Management Fund to the Department of Development to provide funds for the administration of Land Management projects; and to declare an emergency. ($57,000)
Body
WHEREAS, the Land Management Fund was created in September, 1998 to provide funds for various expenses associated with quiet title actions on properties in the land bank that were acquired through the Auditor's Forfeiture Sale and for various expenses associated with the delinquent properties pursued through environmental court; and
WHEREAS, this legislation appropriates $57,000 from the unappropriated balance of the Land Management Fund for the administration of the Land Management program; and
WHEREAS, this ordinance is submitted as an emergency so as to allow payment of existing and on-going operating expenses; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to appropriate said funds, all for the immediate preservation...
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