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Evansville Land Bank denies multiple property applications and refuses to release two TrueVest development agreements

Evansville Land Bank Corporation · August 16, 2024
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Summary

The Land Bank denied a container-home application for four Broadway parcels, rejected an application for 5818 South Grand and a side-yard request at 1009 South Harriet, and declined to release development agreements for 509 and 519 Bayard Park Drive requested by TrueVest LLC; the board asked Mr. Dement to appear at the next meeting to discuss other unfinished parcels.

The Evansville Land Bank Corporation on Aug. 16 voted to deny several property applications and rejected a request from TrueVest LLC to release two development agreements.

In old business, the board addressed a container-home application for four parcels on Broadway (2775, 2777, 2779 and 2783). Unidentified Speaker 1 said the applicant failed to appear after opportunities to provide more information at the July and August meetings and asked for a motion to deny and allow the applicant to reapply in the future; the board voted to deny the application.

Under new business, the board considered an application for 5818 South Grand proposed initially as a garden with a future single-family home contingent on participation by a third-party organization that has not yet presented itself to the board. Unidentified Speaker 2 moved to deny the application until the applicant can show the third-party partner and the motion passed by voice vote.

The board also denied a side-yard application at 1009 South Harriet. Unidentified Speaker 1 noted the owner is current on taxes but that the primary dwelling at 1017 Harriet "is not in the best condition" based on a drive-by and online mapping; a motion to deny passed.

Separately, the Land Bank declined TrueVest LLC's request to release development agreements for two parcels at Bayard Park Drive (509 and 519). Staff noted TrueVest has other lots on the block that "do not appear to be meeting our [agreement] for completion." The board voted to deny TrueVest's request and asked staff to invite Mr. Dement to appear virtually at the September meeting to discuss timelines for the other parcels.

Next steps: denied applicants may reapply with additional documentation or partners; staff will invite Mr. Dement to the next meeting to clarify the development status of TrueVest's other lots.