What does “conversion of the Land Bank Authority” mean? What are they converting this Authority to? Or do they mean the Authority is voting on converting some real estate from non-taxable to taxable?

Valdosta News, City of Valdosta, 23 February 2015, In The City This Week, Feb. 23-28,

Feb. 25: Land Bank Authority Meets. Members of the Valdosta-Lowndes County Land Bank Authority will hold a meeting on Wednesday, Feb. 25, at 9 a.m., in the Neighborhood Development Conference Room (Room 202, Valdosta City Hall Annex). This meeting is being held to vote on the conversion of the Land Bank Authority. The Land Bank Authority exists to foster the public purpose of returning property which is in a non-revenue generating, non-tax producing status to effective utilization status in order to provide housing, new industry and jobs for citizens. For information, call (229) 671-3617.

Even the state doesn’t have up to date information about this board. According to the Continue reading →