Tuesday, January 7, 2014

Pharos-Tribune Reports Logansport to Take Unsold Land from Commissioners' Sale

From the Logansport Pharos-Tribune:

Logansport officials have worked out a deal with Cass County officials to acquire several properties if they’re not sold in the upcoming county commissioners sale Wednesday.

Logansport Mayor Ted Franklin said there are 38 properties of the sale’s 122 the city would like to take on if they are not sold. He added the city will not bid on properties at the sale and that the county has agreed to allow the city to take them at no cost other than fees associated with required paperwork.

“Our job is to try to get [the properties] back on the tax rolls,” said Cass County Commissioner Jim Sailors. If the city thinks it can do that, then it should be given the chance, he added.Franklin said he hopes the city can make the properties it takes on more marketable. Because of the neglectful absentee owners, he said the city is essentially responsible for the properties already through tasks like mowing.

“We have nothing to lose,” Franklin said. “We’re maintaining them anyway.”Franklin added that a title search on a property costs $95, which is less than it costs the city for one mowing on a neglected property.

But there are many things the city can’t do without owning the properties, Franklin continued — for instance, tearing down a dilapidated shed or clearing dead vegetation.

After acquiring ownership and improving the properties, Franklin said he hopes to promote private ownership through negotiations with future viable owners.
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- See more at: http://www.pharostribune.com/local/x12772782/City-to-take-on-unsold-land-from-commissioners-sale#sthash.e3ZStB8n.dpuf