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Commission approves $40,000 feasibility study for land bank to tackle vacant properties
Summary
The commission approved up to $40,000 for Renew Land Bank (a subsidiary of Intend Indiana) to conduct a feasibility study on establishing a land bank for Michigan City, beginning Oct. 15 and running through April 15, 2026.
The Michigan City Redevelopment Commission on Sept. 8 approved a feasibility study, not to exceed $40,000, to evaluate establishing a land bank in Michigan City and to identify the tools the city needs to recover and redevelop vacant and abandoned properties.
City staff said the consultant Renew Land Bank, a wholly owned subsidiary of Intend Indiana, will analyze local conditions, identify statutory and administrative tools that the city has or lacks, and propose an implementation framework. The feasibility study would run from Oct. 15, 2025, through April 15, 2026, and include…
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