OSWEGO – The newly-formed Oswego County Land Bank Corporation met March 21 to elect officers and officially develop and approve policies and procedures. The corporation is a nonprofit entity whose purpose is to facilitate the return of vacant, abandoned and tax delinquent properties to productive use.
This was the first official meeting of the new corporation.
The county of Oswego was informed just two months ago that the board of directors of New York State’s Empire Development Corporation approved the county’s application to establish the land bank.
The land bank will seek funding, initially, from a state pool designated for newly-formed land bank corporations.
The land bank is led by an 11-member board of directors from varying backgrounds who will serve two-year terms from the date of incorporation.
The following officers were elected at the meeting: Chairman, Oswego County Legislature Majority Leader Shane Broadwell; Vice Chairman, Joe Fiumara, executive director of the City of Fulton Community Development Agency; Secretary, Phil Church, County Administrator; and Treasurer, Justin Rudgick, Director of the City of Oswego Community Development Office.
“It’s been more than a year since we first started to discuss the potential benefits that a land bank could bring to our communities, and I am honored that the board has given me the opportunity to guide the process through these first critical years,” said Legislator Broadwell (District 17, Oswego) following his election as board chairman. “We look forward to working with the New York State Attorney General’s office, our respective community leaders, any interested and affected banks, and the code enforcement officers across the county as we try to inspire new confidence and investment in our neighborhoods.”
Other business discussed at the organizational meeting included grant and funding opportunities, tax foreclosures and future meetings with town supervisors and code enforcement officers.
Members of the public who have questions regarding property foreclosures in Oswego County may contact the Oswego County Real Property Tax Service weekdays at 315-349-8315.
For more information on the Oswego County Land Bank Corporation contact David Turner, Oswego County’s director of Community Development, Tourism and Planning at 315-349-8260 or [email protected]