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Land Bank Commission approves 2024 annual report after public hearing
Summary
After a public hearing and discussion about how the commission's 0.5% share of the city's capital improvement program is calculated, the commission voted to accept the 2024 annual report and will transmit it to City Council.
The Portland Land Bank Commission voted to accept its 2024 annual report following a public hearing and a discussion about how the commission's share of the city's capital improvement program (CIP) is calculated.
The commission opened a public hearing on the draft 2024 annual report, gave members of the public an opportunity to comment and then approved the report to forward to the Portland City Council for its consideration on Feb. 4, as stated during the meeting.
The hearing drew sustained public comment about how the ordinance that funds the land bank should be interpreted. A member of the public said the ordinance language requires a 0.5% appropriation of "the total annual capital improvement program" and argued the…
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