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City Council passes amendment to require extra approval for land bank taxing agreement

Pittsburgh Post-Gazette

City Council passes amendment to require extra approval for land bank taxing agreement

City Council voted unanimously on Tuesday to require an additional round of approval for a key land bank agreement that would forge alliances between the blight-fighting agency and the region’s three taxing authorities.

The agreement — first passed three weeks ago — strikes a three-way partnership between Allegheny County, Pittsburgh Public Schools and the city, which would allow the land bank to toss out back taxes on dilapidated properties and return the parcels to productive use.

Despite passing the bill unanimously, some council members expressed concern that they would not have proper oversight of the contract’s terms. The agreement has yet to be negotiated in full, and Councilwoman Theresa Kail Smith introduced an amendment to the bill two weeks ago that would allow council to vote on the final contract.

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Source : Pittsburgh Post-Gazette

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