I have a Landbank - and I’m not afraid to use it!

42 Pages·2012·3.52 MB·English

by  William Basil

I have a Landbank - and I’m not afraid to use it!
Who we are
What we do
Evanston
Seymour Corridor
Industrial Heritage
Questions?
“Tools that Reposition Real Estate”
How the Hamilton County Land Bank and the Port of Greater Cincinnati Development Authority
have combined forces for meaningful community change
Ohio Land Bank Conference
Wednesday, November 28th, 2012
Who we are
What we do
Laura N. Darin C. Hall Paula Boggs Muething Susan E. Thomas Melissa S. Johnson
EEvvaannssttoonn Brunner Vice President of Vice President of Community Vice President of Director of
President/CEO Real Estate Revitalization Public Finance Transportation &
Logistics
Development
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IInndduussttrriiaall HHeerriittaaggee
Deborah Robb Jason Chamlee Chris Recht Gail Paul Maria Barrett
Director of Inclusion Development Associate Associate Counsel Media Consultant Financial Consultant
QQuueessttiioonnss?? and Community
Relations
Marjorie Karimi Tiffany Laird Joseph Hall Danielle Bradford William Weber
Office Manager and Accounting Associate / Administrative Graphic Design Co-op Law Clerk
Executive Assistant to Administrative Assistant
Laura N. Brunner Assistant
Who we are
What we do
EEvvaannssttoonn Otto Budig, Jr. Lynn Marmer
Budco Group, Inc. The Kroger Company
Chair Vice Chair
SSeeyymmoouurr CCoorrrriiddoorr
IInndduussttrriiaall HHeerriittaaggee
QQuueessttiioonnss?? Martine Dunn Rick Greiwe Clark Handy
Dinsmore & Shohl Greiwe Development Group University of Pheonix
Tom Williams Shane Wright
Lydia Jacobs-Horton David Smith
North American Properties GE Aviation
The Procter & Gamble Company Duke Energy OH/KY
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Quasi-governmental organization / official political subdivision
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Port authorities were created to conduct maritime, airport, and economic
EEvvaannssttoonn
development activities
Cooperative, cross-jurisdictional powers
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Facilitate:
IInndduussttrriiaall HHeerriittaaggee
 Land assembly and redevelopment
 Unique economic development financing products
QQuueessttiioonnss??  Aggregation / coordination of project capital
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Ohio law defines the “authorized purposes” of a port authority (and provides
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various powers to port authorities to further those authorized purposes ) as
follows:
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 Activities that enhance, foster, aid, provide, or promote
transportation, economic development, housing, recreation,
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education, governmental operations, culture, or research within the
jurisdiction of the port authority
IInndduussttrriiaall HHeerriittaaggee  Port of Greater Cincinnati Development Authority jointly formed by
City of Cincinnati and Hamilton County. Each appoint five Board
members
QQuueessttiioonnss??
 $ 1.4 million in operating funds annually, $ 8.5 million in 2013 capital
expenditures
Who we are
Acquire real and personal property
What we do
Own, lease, sell, and construct improvements on real property
Evanston
Issue revenue bonds for port authority facilities
Seymour Corridor Issue voted taxes for all purposes of the port authority
Receive federal and state grants and loans and other public funds
Industrial Heritage
Operate transportation, recreation, governmental, or cultural
Questions? facilities, and set rates and charges for use of port authority facilities
Cooperate broadly with other governmental agencies and exercise powers
delegated by such agencies
Who we are
“To improve the economic vitality of the region through catalytic investment”
What we do
Evanston
Seymour Corridor
Industrial Heritage
Questions?
Who we are
What we do
Evanston
Seymour Corridor
Industrial Heritage
Questions?
Who we are
What we do
 Incorporated by the County Treasurer October 2011
Evanston

 HCLRC Board appointed January 2012
Seymour Corridor
 HCLRC Board executed management contract with Port Authority

Industrial Heritage
 HCLRC remains an independent entity

Questions?
 Funding: 5% DTAC , yields approximately $2.9 million annually
Who we are
Tax Foreclosure sale blog - consolidates property information to drive interest to
What we do
sheriff’s sales
 Date of Auction: 10/18/2012
Evanston  Tax judgment: $638,597.85
 Estimated Market Value: $3,262,050
 Description: Historic structure in the Central Business District.
Seymour Corridor
 104,440 sq. ft.
 Located at the corner of 5th and Walnut
Industrial Heritage
Questions?