7/05/2011Posted by MJ
The Buffalo News reported that Mayor Tucker is looking to create a land bank system in the city.
Mayor Michael W. Tucker said Friday he has directed the city’s attorney to investigate the feasibility of starting a land bank program in Lockport as a means of combating housing decay.
A law passed last week in the State Legislature allows cities and counties to create land banks to acquire run-down properties and either demolish them or fix them up .
After that, Tucker said, the city wouldn’t have to sell the land to the highest bidder but to the “best bidder.”...Demolition does not fight housing decay. It moves the problem to adjoining areas of the city creating a perpetual wave of disinvestment. This program could be successful but it must focus on saving structures and getting money into the area. After over 30 years of the empty south block and other parcels we should have learned that empty fields do nothing to turn things around.
Money and investment coming in shows hope. Structures coming down shows defeat.