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Fayette County Land Bank approves routine business, adopts sealed-bid deposit and mobile-home purchaser rules
Summary
At its Jan. 29, 2026 meeting the Fayette County Land Bank Board approved minutes and the treasurer's report, continued current officers, authorized asbestos surveys for 2026 grant properties, required a $1,000 sealed-bid deposit, adopted a policy protecting tenant rights on properties with mobile homes, and approved sale of 319 N. Hinde St.
The Fayette County Land Bank Board met on Jan. 29, 2026, and completed a series of routine and substantive actions. The board accepted the Dec. 22, 2025 minutes and accepted the treasurer's report showing a beginning balance of $137,810.52 (Dec. 19, 2025) and an ending balance of $232,260.45 (Jan. 28, 2026). Chair Tony Anderson called for voice votes on consent matters and each was approved unanimously.
During reorganization the board voted to retain its current leadership: Tony Anderson as chairman, Joe Denen as vice chairman, Penny Patton as treasurer and Buck Minyo as secretary. The board also authorized asbestos surveys on properties listed in the 2026 grant that had not previously been surveyed, directing staff to complete the work using grant funds.
The board adopted two transaction policies intended to clarify purchaser obligations. First, a motion requiring a $1,000 nonrefundable deposit from winning bidders in the Land Bank sealed-bid process was approved; the deposit must be paid within 48 hours of notification and will be credited at closing. Second, the board approved a motion stating that when the Land Bank sells a property containing a mobile home the buyer will assume the purchase with existing tenant rights, meaning buyers take the property subject to any lawful tenancy rights that exist at the time of sale.
Other actions included authorization for up to two people to attend the Land Bank Conference April 22-24 in Toledo, Ohio (lodging, meals and mileage reimbursable under county policy), and scheduling the next board meeting for Feb. 23, 2026, at 10:30 a.m. The board adjourned at the close of the session.
