Iola City Council members will decide soon whether to establish a land bank to allow the city to take in properties for future development projects. City Administrator Matt Rehder told City Council members Monday he plans on bringing a formal proposal to their June 9 meeting. A land bank is a community-owned entity established to acquire, manage, and repurpose vacant, abandoned, or foreclosed properties. In essence, the land bank would serve as a means to take neglected land and put it back into productive use within the City of Iola.
Source: The Iola Register
