The Junction City Commission by consensus has decided to leave lots in the Land Bank available for sale without special assessments. Those assessments are normally used to fund infrastructure related to the lots, but the City has several hundred of those lots available and they are not selling rapidly.
There was a push by a contingent of home owners in the Land Bank area to require the lots to be sold with the specials. They pay special assessments and are concerned that when the time comes to sell their homes they will not be able to do so since newer homes could potentially be built by developers and sold for less due to the lack of those assessments. Mayor Pat Landes noted he wants to see the City succeed. “We have valuable resources here in these Land Bank lots. We just have so many of them, and that’s the issue. We will continue to beat the drum with our economic development folks to try to bring jobs here and get more people to come to Junction City.”
(Read more: Junction City Post)