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Fort Scott Land Bank approves annual report, debates disclosure rules and board membership
Summary
The land bank approved its annual report and noted a membership change; members debated whether the land bank should require property disclosures or buyer inspections, and asked the city attorney and other land banks for legal guidance before adopting any disclosure policy.
The Fort Scott Land Bank on Jan. 27 approved its annual report, noted the impending resignation of board member Bailey, and discussed whether the land bank should require disclosures or home inspections for properties it sells.
The board voted to approve the annual report (motion and second recorded; result "Aye"), and members acknowledged Bailey's service as her term had expired and she will step down at the end of the month. Board members said they plan to submit prospective member Heather Madison, a Union State Bank officer, to the city for approval and expected to seat her next month if the commission approves.
Why it matters: The annual report documents land bank activity and outcomes (including sold lots and one constructed…
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