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City unveils plan for land bank CIC structure in Medina area
Morris outlines a new county land reutilization corporation with a seven member board including the city service director as president and the mayor as vice president. The entity would acquire and sell property, borrow for development, lend funds, and apply for grants. Funding sources discussed include hotel bed taxes or general funds. current balance around 50 000.
MENTIONED IN THIS ARTICLE
Wadsworth
Medina
Brunswick
Morris
County Land Reutilization Corporation
Land Bank