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Redevelopment authority asks Southeast Delco to join county Land Bank to acquire vacant, tax‑delinquent properties
Summary
Laura Goodrich Kearns, executive director of the Delaware County Redevelopment Authority and Land Bank, asked the Southeast Delco School District board to join an intergovernmental agreement allowing the Land Bank to acquire vacant, tax‑delinquent parcels before judicial tax sales; she proposed a 50/50 split of property tax revenue for five years after redevelopment and urged quick action because of a May judicial sale list.
Laura Goodrich Kearns, executive director of the Delaware County Redevelopment Authority and the county Land Bank, told the Southeast Delco School District Committee of the Whole on April 16 that the Land Bank can help municipalities and taxing authorities address vacant, blighted and contaminated properties by acquiring them ahead of judicial tax sales and repositioning them for productive reuse.
Kearns said the Land Bank focuses only on vacant properties and not on occupied homes. “I just really wanna stress the vacant portion of that. There is 0 interest, madam president, in going after any occupied property,” she said. She described the Land Bank’s ability to pre‑negotiate with the county treasurer to take properties out of an auction process and acquire them for negotiated prices rather than bidding at judicial sales.
The proposal on the table would ask…
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