Title
AN ORDINANCE TO CREATE THE LAND BANK COMMISSION; TO SET FORTH CERTAIN DUTIES AND RESPONSIBILITIES OF THIS COMMISSION; AND FOR OTHER PURPOSES.
Body
WHEREAS, the purpose of the Jonesboro Land Bank Commission is to reverse urban blight, increase home ownership and the stability of property values, provide affordable housing, improve the health and safety of neighborhoods within the City of Jonesboro (the “City”) and to maintain the architectural fabric of the community.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1. There is hereby created the Jonesboro Land Bank Commission (“Commission”).
Section 2. Liberal Construction of the Ordinance. This ordinance being necessary for the welfare of the City and its inhabitants, shall be liberally construed to effect the purposes of it.
Section 3. Purpose. The purpose of the Commission is to reverse urban blight, increase home ownership and the stability of property values, provide affordable housing, improve the health and safety of neighborhoods within the city, and maintain the architectural fabric of the community.
Section 4. Definitions.
(a) Residential Housing Facilities. For purposes of this ordinance, the term “Residential housing facilities” means facilities for single and multifamily residential housing units of any and all kinds, and such other improvements or facilities deemed incidental or essential to the community, and in accordance with a properly approved land bank redevelopment plan, provided that no such incidental development shall be in conflict with state law or city ordinance.
(b) Land Bank Redevelopment Plan. Policy guide for acquisition and conveyance of Land Bank Commission properties giving consideration to City Zoning, Parks, Land Use, and Neighborhood Action Plans.
(c) Development Site Plan. Plan prepared and submitted by applicant requesting conveyance of Land Bank Commission property.
Section 5. Authority of Land Bank Commissi...
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