This law establishes a land bank and creates a land bank agency for the purpose of managing, selling, transferring and disposing of interests in real estate for various specified uses, which include, among other things, "urban agriculture, community gardens, or other similar uses consistent with healthy eating by residents, including restoring ground through alternative vegetative cover to build-back the soil for future use for food production."
"low to moderate income area designated by the city as a target area for revitalization," "safe, decent and affordable housing for existing and future residents" (§ 74-71 (a)).
Healthy eating by residents (§§ 74-71 (a); 74-80 (e)(6)))
Wildlife conservation areas (§ 74-71)
"opportunities for revitalization of deteriorating residential, retail and commercial neighborhoods," "future development" (§ 74-71).
"""The land bank agency shall manage, sell, transfer and dispose of interests in real estate owned by such land bank agency in accordance with this chapter 74. The use of property conveyed by such land bank agency shall be for the purposes of creating:... space for use as urban agriculture, community gardens, or other similar uses consistent with healthy eating by residents, including restoring ground through alternative vegetative cover to build-back the soil for future use for food production."" § 74-71. (a) Purpose to be served. "
Various administrative duties are set forth throughout the law. Among other things it provides that the land bank agency has powers to "adopt, amend, and repeal bylaws for the regulation of its affairs and the conduct of its business" and "shall determine and set forth in policies and procedures of the board [and] the general terms and conditions for consideration to be received by the land bank agency for the transfer of real property and interests in real property." §§ 74-75(1); 74-80 (b). Also included are parameters for determining a hierarchical priority ranking for the particular use of a parcel of real property conveyed by such land bank agency.§ 74-80 (e).
"There shall be an annual audit of the affairs, accounts, expenses, and financial transactions of a land bank agency by certified public accountants as of April 30 of each year." (§ 74-83)
Volunteers (This law requires the creation of a governing board of commissioners who shall serve without compensation)
"Kansas City, Missouri - Code of Ordinances Chapter 74 - KANSAS CITY REDEVELOPMENT ORDINANCE ARTICLE IV. - LAND BANK AGENCY ( Ord. No. 120779, § 1, 9-20-12 ) "