state of michigan land bank fast track authority …€¦ · michael turnquist, dtmb jeff...

P.O. Box 30766, Lansing, Michigan 48909

www.michigan.gov/landbank [email protected] 517-335-8212

Board of Directors

Jeremy Hendges, TED

Laura J. Mester, MDOT

Shelbi Frayer, Treasury

Ronald Smedley, EGLE

Michael Turnquist, DTMB

Jeff Huntington Interim Director

State of Michigan

Land Bank Fast Track Authority

STATE OF MICHIGAN

LAND BANK FAST TRACK AUTHORITY BOARD

Wednesday – August 7, 2019 – 9:00 a.m.

Michigan Land Bank Fast Track Authority

105 West Allegan – 3rd Floor

Grand River Conference Room

Lansing, Michigan 48933

AGENDA

1. CALL TO ORDER

2. ROLL CALL

3. PUBLIC COMMENT

4. APPROVAL OF AGENDA

5. APPROVAL OF MEETING MINUTES

a. FROM APRIL 18, 2019 MEETING

6. DIRECTOR’S REPORT

a. REDEVELOPMENT LOAN PROGRAM STATUS LOG

b. INVENTORY AND DISPOSITION REPORT

c. MICHIGAN LAND BANK FAST TRACK FUND BALANCE

7. RESOLUTION – DELEGATION OF AUTHORITY

8. BOARD COUNSEL UPDATE

9. ADJOURNMENT

Agenda items will commence at 9:00 a.m., or as soon thereafter as they may be heard. To confirm whether an agenda item has

been postponed, or if you have any questions regarding the meeting, please call (517) 335-8212 before noon of the day prior to

the meeting. The Authority Board may at its discretion revise this agenda or take up any other issues as need and time allow.

STATE OF MICHIGAN LAND BANK FAST TRACK AUTHORITY BOARD MEETING

(MLBFTA)

Thursday, April 18, 2019 9:00 A.M.

Michigan Land Bank Fast Track Authority Grand River Conference Room

Members Present: Staff Present: Jeremy Hendges, Chair Josh Burgett Shelbi Frayer Patrick Ennis Ronald Smedley Jeff Huntington Michael Turnquist Ryan McNeil Jennifer Quinlivan Member Absent Brian Woodin Laura Mester Carolyn Latin-Smith Adam Robach, Contractor AG Office Erik Graney 1. Call to Order

Jeremy Hendges, Chair called the meeting to order at 9:01 am. 2. Roll Call

Roll Call taken. Quorum established

3. Public Comment None offered.

4. Approval of Agenda The motion was made by Ronald Smedley to approve the agenda as presented. Shelbi Frayer seconded the motion. Motion carried without dissent.

5. Approval of Meeting Minutes from March 20, 2019

The motion was made by Ronald Smedley to approve the minutes of March 20, 2019. Michael Turnquist seconded the motion. Motion carried without dissent.

6. Election of Vice Chair The Chair asked for nominations for the position of Vice Chair. Shelbi Frayer nominated Ronald Smedley. Hearing no other nominees, the Chair closed nominations. A motion was made by Shelbi Frayer to approve the nomination of Ronald Smedley as Vice-Chair. Michael Turnquist seconded the motion. Motion carried without dissent.

7. Director’s Report

The Director took this opportunity to distribute to members a copy of his resignation letter previously submitted to HR. He reminded the Board that his last day would be Friday, April 19th. On behalf of the Board, the Chair thanked Josh Burgett for his tremendous leadership and efforts in advancing land banking in Michigan. Additionally, the Director commented on the final disposition of the Michigan State Fairgrounds and DeHoCo. Lastly, the Director presented the monthly update on the Redevelopment Loan Program Status Log.

8. Resolution – Delegating an Authorized Officer

The Chair commented that with the departure of the Director, it is recommended that the Michigan Land Bank Track Authority designate the Interim Director, Jeffery M. Huntington, as the Authorized Officer to carry out certain Michigan Land Bank functions effective April 19, 2019. The motion was made by Ronald Smedley to approve the Resolution, Delegating an Authorized Officer, as presented. Supported by Michael Turnquist. Motion carried without dissent.

9. Adjournment The motion was made by Ronald Smedley to adjourn. Shelbi Frayer seconded the motion. Motion carried without dissent. The Chair adjourned the meeting at 9:13 a.m.



Board of Directors

Jeremy Hendges, TED






State of Michigan


DATE: August 7, 2019

TO: Board of Directors


FROM: Jeff Huntington, Interim Director


SUBJECT: Status Report for the Michigan Land Bank Fast Track

Authority (“Michigan Land Bank” or “MLB”) as of July 31, 2019

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

Programs:

MSHDA Hardest Hit Fund Project:

The MLB’s involvement in the program has been completed, however, we will

continue our involvement in the four communities (Pontiac, Inkster, Hamtramck,

and Inkster) with a new focus. As we shift from Land Bank 1.0 (repository) to Land

Bank 2.0 (redevelopment) we will continue to make strides to collaborate with each

community. Collaboration could take the form of offering technical assistance

and/or financial assistance and recycling of the now 412 properties involved.

A current example of collaboration to recycle these program properties, and other

properties in our inventory, is occurring in the City of Highland Park. The MLB,

Wayne County Land Bank, and the City of Highland Park have been in discussions

to work together in an effort to best market properties in the City as all three

entities have ownership of property in the City. As we work through these

discussions with the City, the MLB and Wayne County Land Bank are in the

process of completing a swap of properties that aligns ownership in order to provide

a more marketable product.

Projects:

State Fairgrounds:

- Magic Plus – Sale completed April 10, 2019.

- City of Detroit – Sale completed April 29, 2019.

Detroit House of Corrections:

- Hillside Reality Investments – Sale completed March 20, 2019.

- REDICO

o A draft Response Activity Plan (RAP), totaling $11.3 million in soil

remediation/fill management costs, is under review by the Michigan

Department of Environment, Great Lakes, and Energy (EGLE). The

review is anticipated to be completed by or before September 2019.

o REDICO submitted a request for an Act 381 Brownfield Plan to MITC

Redevelopment Authority, which authorized commencement of

preparation at its April 26th meeting. REDICO’s work plans and

MITC’s brownfield plan will be completed once the RAP is completed

and submitted to EGLE and MSF for approval.

o REDICO has notified the MLB regarding the end of due diligence

period and REDICO’s intention to proceed with the property valuation

stage under the Purchase/Development Agreement. The purchase

price will be determined by an agreed upon appraisal process. The

purchase price will need to be approved by the MLB Board of Directors

and we anticipate closing within 30 days of that approval. REDICO

and the MLB have procured appraisers and are working through that

process.

o Staff has facilitated meetings with Treasury and MSF/MEDC for

project eligible activity financing and continues to coordinate all of

these actions directly or indirectly.

719 Prospect Avenue, NE - Grand Rapids:

We continue to work with the developer on a more comprehensive area wide

development plan. Staff anticipates an Act 381 brownfield project involving MLB

coordination. The MLB is drafting an option purchase/development agreement that

will give the developer until December 31, 2019 to act on the property.

Muskegon Heights Schools:

Demolition of the former Glendale Elementary School was completed. The MLB

continues to be committed to assist the City with development on this site.

Dwelling Place, Inc. has agreed to join the development collaboration with MLB and

InnovaLab, LLC. A new land plan is to be prepared with a mix of residential

building types to add density and capture value. The initial presentation to the

Muskegon Heights Council in work session was scheduled for June 3, 2019, but has

been deferred to August/September.

Condominium Developments:

The MLB has selected a developer for a 29-unit Rolling Hills Condominium site in

Pinckney, MI and are in the process of drafting a purchase/development agreement.

The completion of the purchase/development agreement will commence as we

continue to work with the Village of Pinckney officials and the condominium

association regarding site build-out.

An RFQ for development of the Woodland Trails Condominium lots in Owosso, MI

was due on April 18, 2019. The RFQ did not return a qualified developer entity.

MLB has requested InnovaLab, LLC to organize a development entity for the site.

Market analysis and product selection are underway.

Marquette County Land Bank:

The Osprey Pointe condominium development project has had good movement as on

June 5, 2019 the Marquette County Land Bank notified the MLB that all signatures

were received to remove the subject parcel from the original condominium master

deed, thereby enabling development of the site as a separate parcel. Site and

building design have commenced and the Marquette County Land Bank and

InnovaLab, LLC think the project may have merit to receive funding from a private

lender. If private funding does not come through, the project would be eligible to

apply for Housing Development Loan Funds from the MLB.

Mackinaw Power, Inc. contacted MLB in February 2019 regarding solar power

development of their leasehold properties in Marquette County south of and over a

portion of the Sawyer Airport area. Discussions between Mackinaw Power, Inc.,

Marquette County, and the MLB have continued, and planning meetings are now

being scheduled.

Wayne County Land Bank:

Collaboration has continued with the Wayne County Land Bank and an MOU has

been formalized. The MOU provides that both entities will work towards efforts to

collaborate on activities including inventory synergy and marketing, strategic

development projects, as well as programmatic and technical assistance.

As stated in the HHF update, the MLB and Wayne County Land Bank have already

started working towards these objectives by creating more marketable properties in

the City of Highland Park.

Land Bank Training:

The MLB continues to provide training for any interested municipality in the state,

including but not limited to, county or local officials with or without a local county

land bank. Discussions range from best practices around acquisition, disposition,

demolition, abatement, economic development tools, joining land banking and

redevelopment tax increment financing, and specific project brainstorming. With

the introduction of our Housing Development Loan Program there has been much

conversation on housing needs for communities across the state.

Below is a list of several of the trainings or community visits that have been

conducted:

• April 5, St. Ignace – 25 participants

• April 10 – River Rouge

• April 18 – Adrian

• April 26 – Oscoda

• May 3 – Traverse City

• May 8 – Barry County

• May 14 – West Branch

• June 3 – MAC Program in Grand Rapids – 40 participants

• June 10 - MAC Program in Escanaba – 25 participants

• June 17 – MAC Program in Frankenmuth – 30 participants

• June 20 – Boyne City – Charlevoix County, LBA, BRA, Chamber, and Boyne

City officials

• June 21 – Grayling – Grayling County BRA

• July 12 – Habitat for Humanity in Alpena – 30 participants

• July 23 - MAC Program in Gaylord – 25 participants

Additional trainings and workshops have been requested into September and

October.

State Surplus Redevelopment:

We are working with DTMB Real Estate Division on the following projects:

- Department of Corrections

o Camp Pugsley – Purchase Agreement executed with North Bay Capital

Group. Total purchase price of $1,195,000 ($1MM for Phase 1).

Development agreement executed by MLBFTA, North Bay Capital,

Grand Traverse County and Fife Lake Township. We have executed a

lease agreement for storage during the due diligence period. The

Project-Area Concept Plan was approved in June and the Phase Final

Plan was submitted for entitlement on July 20. An amendment to

include an additional 20 acres owned by MLB and accommodate recent

adjustment of land allocation to Grand Traverse County is in

preparation and to be completed by September 1. The project is on

schedule with closing on Phase 1 expected by October 31.

o Deerfield – The MLB updated the RFQ and posted the site for

development with a submittal deadline of July 19th. No responses were

received. The MLB has set a date in September to discuss next steps

for the former correctional facility with the City of Ionia.

o Tuscola Camp Main/Annex and Caro Cottages – Utilizing assessment

grants from the Tuscola County, the Tuscola Camp Main/Annex and

Caro cottage parcels have had a Phase I Environmental Site

Assessment (ESA) completed. Dates for a Phase II ESA have been set

in August, going into September, to complete due diligence on the sites.

Two (2) proposals were approved from the RFQ solicitation.

Indianfields Township’s request for Caro cottage area floodplain for

park expansion is presently pending survey and execution of a transfer

agreement. Caro Lockup, LLC’s proposal for Tuscola Camp Main was

approved but failed to proceed because the proposed developer was

unable to sufficiently capitalize for purchase and operations.

Remainder of Area 1, and all of Areas 2 & 3 have moved back into the

regular MLB property inventory and are available to the public. On

July 15, Caro Lockup, LLC contacted MLB indicating they now have

equity financing. The MLB has requested and is currently awaiting a

revised proposal.

o West Shoreline – Sale completed June 26, 2019 ($1,338,323.50).

Brightfields:

No advancement since last report as MLB is awaiting re-start of the inter-agency

Brightfields/Alternative Energy Work Group via request of the new administration.

In the interim, the MLB authorized a U-M Graduate Student Team to undertake a

land use/financial feasibility study of its large brownfield sites. This report shall be

completed and received by December 1, 2019.

Land Bank Housing Development Loan Program:

We served as the lending institution for the Kent County Land Bank to address the

workforce housing issue in their community. To date, we have loaned $2,368,388 to

the Kent County Land Bank. That investment has completed three (3) new homes

and one rehab in the City of Grand Rapids. Eleven (11) units are in the process of

being completed and sold in the coming months. We have had four properties close

for a repayment of $687,110 that yielded $28,859 in interest payments. Our final

total interest to be received on the full loan amount is anticipated to be $114,365.

The MLB continues to work with the City of Muskegon as they have been working

through approvals with their city council. Additionally, since the original request

from the City of Muskegon the project has changed from a modular housing

development project to an outdoor stick build housing project with a local developer.

This change in direction has the City checking with private lending institutions

before proceeding with the MLB. This is to ensure that the MLB Housing

Development Loan Program dollars are being used to fund projects that the private

market is not willing to fund.

Incremental Development Alliance:

Post-Boot Camp project development mentoring has been underway since March.

The Calhoun County Land Bank project work has focused on multiple parcels in

Albion and Marshall. In Highland Park a group of approximately 20 local

citizen/small-scale developers are collaborating on project development in the North

Point area. Work has been slower than anticipated because municipal support staff

and officials have required exposure and training to the curriculum. This need was

unexpected and will be considered in future phases of work. Next-phase project

locations (Grand Traverse County / Ingham County / Benzie County/ UP) is pending

final decision on FY 20 MLB budget. On July 19, MLB received a request to

support forming a collaboration in Bay, Saginaw and Midland counties, led by Bay

and Saginaw land banks, for IncDev small-scale developer production and training.

Michigan Rural Community Demolition Grant:

In Fiscal Year 2019, the Michigan Strategic Fund (MSF) received a one-time

appropriation of $350,000 toward blight removal projects in counties with

populations under 50,000. The MLB is administering these grant dollars, while the

MSF will directly reimburse the grantee upon completion and approval by the MLB.

Each awarded grant was to be used to demolish vacant and abandoned structures

and promote public safety, stabilize property values and enhance economic

development opportunities throughout the state of Michigan. The maximum award

per proposal was $50,000.00.

County Land Banks or local units of government such as counties, cities, townships

or villages located in counties with a population less than 50,000 reported in the

2010 census data were considered eligible applicants. There was a limit of one

proposal per applicant; however, multiple applicants from one county could apply.

Applications were due February 15, 2019.

Twenty-six eligible applications and three ineligible applications were received.

These requests totaled over $983,000. Nine of the applicants were awarded grants

ranging from $10,000 to $50,000.

An option within the Grant allowed an applicant to have the MLB procure and

manage the demolition project. Two jurisdictions, the cities of Newaygo and West

Branch, took advantage of that offer.

County: Applicant - Jurisdiction: Proposed Budget by applicant:

Ontonagon Village of Ontonagon $ 50,000.00

Gogebic Bessemer $ 50,000.00

Houghton Houghton County LB $ 50,000.00

Gogebic Ironwood $ 50,000.00

Huron City of Harbor Beach $ 40,000.00

Ontonagon Ontonagon Twp $ 20,000.00

Manistee Manistee Co LB $ 10,000.00

Ogemaw West Branch $ 50,000.00

Newaygo City of Newaygo $ 21,158.00

Houghton County has completed their demolition and has requested

reimbursement. The other eight communities are in varying stages of demolition

and bordering on reimbursement.

The MLB also made it a priority to visit any applicant that was not awarded, if they

requested MLB assistance. Several communities responded which is not only

leading to plans for the demolition of the site they requested, but also to other

possible plans for other projects or community needs, such as housing.

Current CY 2019 Property Information:

Property Inventory:

MLB currently has 2,784 properties in inventory.

Disposition Report:

MLB has disposed of 103 properties for $117,080 in CY2019. We continue to

transfer City of Detroit properties to the Detroit Land Bank Authority. During CY

2019, we have transferred 100 additional properties.

The MLB has continued to streamline our disposition process and developed

processes around tracking our disposition pipeline. Entering CY2019 property

sales, we have:

• Seven (7) closings in process

• Seventy-seven (77) applications in our Disposition Pipeline

The MLB team continues to work diligently to refresh and update our property

information.

The MLB team also continues to be proactive in disposition. So far in calendar year

2019 the MLB has sent just over 400 letters that have generated 34 applications.

There have been a dozen responses from Lake County specific mailings and a few

more stemming from the partnership with the Lake County Land Bank. Other

targeted mailings sent to other adjacent owners across the state have generated

$31,000 in sales and counting. Further work has been conducted in cleaning up the

odds and ends parcels that has resulted in one 10’ by 10’ parcel being combined and

disposed of, with multiple other slivers in the process of returning to the tax rolls.

Finally, the many MLB-branded “Lot for Sale” signs the MLB has placed on parcels

in surrounding counties (especially Jackson County) have generated a very high

number of responses which will hopefully translate to sales. The MLB will continue

to move on multiple fronts so as to recycle state owned property back to productive

use.

Report on Exercise of Delegation of Authority by the Director:

Pursuant to Board approval of Resolution 2019-3, dated April 18, 2019, which

delegated authority to the Director, the following invoices were paid:

- GTJ Consulting, Inv 230725, Date: 6/14/19, $102,960.00, May 2019

Maintenance

- GTJ Consulting, Inv 232022, Date: 7/22/19, $67,411.00, June 2019

Maintenance

Housing Development Loan Program - Status Log

Property Address Property Owner

Loan

Number

Loan

Amount

Effective

Date

Maturity

Date

Payoff Check

Received

Interest

Payment

Payoff

Amount Notes

1010 Cooper Avenue, SE, Grand Rapids, Michigan 49507 Kent County Land Bank Authority 2018-01 $154,784 5/8/2018 5/21/2019 3/11/2019 $7,739.20 $162,523.20

1855 Herrick Avenue, NE, Grand Rapids, Michigan 49505 Kent County Land Bank Authority 2018-02 $162,967 5/8/2018 5/21/2019 3/22/2019 $8,148.35 $171,115.35

836 Sigsbee Street, SE, Grand Rapids, Michigan 49507 Kent County Land Bank Authority 2018-03 $170,500 5/8/2018 5/21/2019 4/9/2019 $8,525.00 $179,025.00

1110 Alto Avenue, SE, Grand Rapids, Michigan 49507 Kent County Land Bank Authority 2019-01 $164,317 1/10/2019 12/31/2019



3651 Coit Avenue, NE, Grand Rapids, Michigan 49525 Kent County Land Bank Authority 2019-04 $170,000 1/10/2019 12/31/2019 5/31/2019 $4,446.00 $93,366.00

Full loan amount was not drawn upon.....$88,920

used by Borrower

$0.00 $81,080.00

6/4 - title co. sending check for return of funds

that were not drawn; 6/10 - received check for

$81,050 (requested remaining $30 balance due)

518 Fuller Avenue, SE, Grand Rapids, Michigan 49506 Kent County Land Bank Authority 2019-05 $182,954 1/25/2019 12/31/2019

724 Bates Street, SE, Grand Rapids, Michigan 49503 Kent County Land Bank Authority 2019-06 $175,466 1/25/2019 12/31/2019

729-735 Bates Street, SE, Grand Rapids, Michigan 49503 Kent County Land Bank Authority 2019-07 $500,608 3/6/2019 12/31/2019

737-739 Bates Street, SE, Grand Rapids, Michigan 49503 Kent County Land Bank Authority 2019-08 $356,345 3/6/2019 12/31/2019

TOTAL: $2,368,388 $28,859 $687,110



Board of Directors

Jeremy Hendges, TED






State of Michigan







SUBJECT: Michigan Land Bank Fast Track Authority Inventory Report ⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

TOTAL PROPERTIES: 2,784

Location Property Type

Top 10

County Parcels

Wayne 921

Mecosta 630

Lake 216

Iosco 176

Oakland 169

Genesee 100

Newaygo 87

Jackson 51

Saginaw 45

Berrien 41

Subtotal 2,436

Property Type Parcels

Residential Vacant 2161

Other Vacant 453

Commercial Vacant 68

Industrial Vacant 53

Residential Improved 24

Commercial Improved 10

Industrial Improved 6

Agricultural Vacant 2

Institutional Improved 7

Grand Total 2,784

City Parcels

Canadian Lakes 553

Highland Park 460

Pontiac 159

Inkster 154

Peacock Township 146

Oscoda Township 144

Merrill Township 83

Flint 76

Yates Township 54

Stanwood 52

Subtotal 1,881



Board of Directors

Jeremy Hendges, TED






State of Michigan







SUBJECT: Michigan Land Bank Fast Track Authority Disposition Report (CY2019)

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

Disposition by County Disposition by Property Type

County Parcels Sales Total

Wayne 125 $62,862.00

Newaygo 19 $0.00

Iron 11 $5,644.00

Oakland 5 $1,100.00

Genesee 4 $250.00

Lake 4 $351.00

Jackson 3 $870.00

Iosco 3 $1,900.00

Otsego 3 $8,150.00

Hillsdale 3 $800.00

Mecosta 3 $4,750.00

Dickinson 2 $600.00

Shiawassee 2 $3,250.00

Clare 2 $10,000.00

Calhoun 2 $7,250.00

Berrien 1 $250.00

Lenawee 1 $300.00

Alger 1 $250.00

Bay 1 $0.00

Osceola 1 $2,000.00

Muskegon 1 $300.00

Saginaw 1 $250.00

Gogebic 1 $1.00

Van Buren 1 $1,100.00

Kalamazoo 1 $2,601.00

Livingston 1 $251.00

Ogemaw 1 $2,000.00

Grand Total 203 $117,080.00

Property Type Parcels Amount

Residential Vacant 106 $66,453.00

Other Vacant 55 $45,627.00

Residential Improved 15 $5,000.00

Not Classified 14 $0.00

Commercial Vacant 8 $2.00

Industrial Improved 2 $2.00

Industrial Vacant 1 $1.00

Commercial Improved 1 $1.00

Grand Total 203 $117,080.00

Dispositions include transfers of 100 properties to the

Detroit Land Bank Authority.

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Beginning Cash on Hand (as of 10/1/2018) 11,000,111

Fast Track Revenue Received 2,592,970

General Fund Transfer-In (YTD) 2,292,550 Earned Revenue-Property Sales 183,625

Earned Revenue-Property Tax Recapture 29,789 Land Bank Loan Repayment 15,148

Cornerstone Interest 29,999 Loan Interest 28,859

Common Cash Earnings-Non-Operating/Interest - Other Miscellaneous Revenues (See Attached Detail) 13,000

Expenditures (as of 6/30/19) 2,445,850

Loan value (as of 6/30/19) 1,710,137

Total Cash on Hand (as of 6/30/19) 9,437,094

Total Estimated annual expenditures (based on the average expenditures for FY2019) 3,270,698.44 Reserve (2 years operating expense) 6,541,396.88

Estimate available to Loan 2,895,696.92

Michigan Land Bank: Fast TrackFY19 Cash on Hand

As of June 30, 2019

1



Board of Directors

Jeremy Hendges, TED






State of Michigan


MEMORANDUM






SUBJECT: Designation of an Authorized Officer for the Michigan Land

Bank Fast Track Authority (“Michigan Land Bank”) as of

August 7, 2019

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

The Governor has issued Executive Order 2019-13, which abolishes the position of Director of the

State Land Bank Fast Track Authority effective August 11, 2019. With the abolition of the Director

position, it is recommended that the Michigan Land Bank designate Jeffrey M. Huntington, an

employee of the Michigan Land Bank, as an Authorized Officer to carry out certain Michigan

Land Bank functions under 2003 PA 258 (MCL 124.751 et seq.) effective August 7, 2019. The

Authorized Officer will manage and operate the day to day functions of the Michigan Land Bank.

This resolution also provides specific authority to the Authorized Officer to sign various

documents and take certain actions, either in certain instances or up to certain dollar amounts. For

actions outside those areas or in excess of those dollar amounts, the Michigan Land Bank Board

would need to approve the action or agreement or provide specific additional authority.

Generally, the resolution provides the Authorized Officer with financial authority up to $500,000

which should be sufficient to allow for most Michigan Land Bank activities. The one deviation

was for accepting grants or gifts, where it was not felt such a low cap was necessary. Instead these

are allowed up to $5,000,000 from certain allowed entities.

Resolution 2019-4 is attached.

MICHIGAN LAND BANK FAST TRACK AUTHORITY

RESOLUTION

DELEGATING AN AUTHORIZED OFFICER

Resolution No. 2019-4

Background

A. The Michigan Land Bank Fast Track Authority (the “Authority”) was

established by 2003 P.A. 258 (MCL 124.751 et seq. (the “Act”)), as a public body

corporate and politic, for the purpose of acquiring, assembling, disposing of, and quieting

title to property, including tax reverted property, to foster the development of property,

and to promote economic growth in the State of Michigan.

B. Section 4(h) of the Act states in pertinent part: “The board of directors of an

authority may delegate to 1 or more members, officers, agents, or employees any powers

or duties it considers proper.”

C. It is desirable to designate an employee of the Authority to act as an authorized

officer (the “Authorized Officer”) on behalf of the Board of Directors in limited signatory

capacity as set forth herein.

D. It is desirable to designate Jeffrey M. Huntington to act as an Authorized

Officer on behalf of the Board of Directors in order to ensure the continuity of the

Authority’s functions under the Act.

NOW THEREFORE, BE IT RESOLVED THAT:

1. The Authority designates Jeffrey M. Huntington as an Authorized Officer to act

on its behalf to carry out the Authority’s functions under the Act effective as of

August 7, 2019.

2. Additionally, the Authorized Officer may enter into contracts and other

instruments necessary, incidental, or convenient to the performance of the

Authority’s duties and the exercise of its powers as follows:

I. Procurement of Good and Services

1. The Authorized Officer may enter into contracts of up to $500,000.00 for

goods and services, including the services of private consultants,

managers, legal counsel, engineers, accountants, auditors, and realtors.

II. Interlocal and Intergovernmental Agreements

1. The Authorized Officer may enter into interlocal agreements under the

Urban Cooperation Act if the Authority’s financial obligation does not

exceed $500,000.00 annually.

2. The Authorized Officer may enter into intergovernmental agreements with

a county, city, qualified city, township, village, other governmental entity

or the Michigan Economic Development Corporation, if the Authority’s

financial obligation does not exceed $500,000.00 annually, providing for

the transfer to the Authority of tax reverted property held by a county,

city, township, or village, for title clearance, for maintenance and security,

for the disposition of the proceeds from the sale of the property, for related

property services, and for other activities authorized under the Land Bank

Fast Track Act, including the return or transfer of property under the

control of the Authority to the county, city, township, village, or other

governmental entity.

3. The Authorized Officer may enter into intergovernmental agreements with

the Michigan Economic Development Corporation, for the provision of

expert advice and services related to the necessary exercise of the

Authority’s powers and duties, the management and operation of the

Authority and for the provision of economic development services.

III. Environmental Contamination

1. The Authorized Officer may enter into any agreement necessary to carry

out the requirements of MCL 124.760(2).

2. The Authorized Officer may enter into contracts of up to $500,000.00 to

remediate environmental contamination on any property held by the

Authority.

IV. Real Property

1. The Authorized Officer may enter into any and all contracts, including

amendments and all other related documents, to purchase or acquire and sell

or dispose of any and all real property or interests in real property.

2. The Authorized Officer may enter into any and all contracts, including

amendments and all other related documents, to lease real property or an

interest in real property as lessee or lessor.

3. The Authorized Officer may grant or acquire a license, easement, or covenant

with respect to real property, including amendments, as the Authorized

Officer determines is reasonably necessary to achieve the purposes of the

Land Bank Fast Track Act. This shall include the Authorized Officer placing

deed restrictions or restrictive covenants upon real property.

V. Grants, Gifts, and other Aid

1. The Authorized Officer may accept on behalf of the Authority gifts,

grants, volunteer labor, and other aid (collectively “Gifts”) not to exceed

$5,000,000.00 per “Gift” from any person or entity; the federal

government, or agency of the federal government; this State, or agency of

this State; a political subdivision of this State, or agency of a political

subdivision of this State; or an intergovernmental entity created under the

laws of this State. Any terms or conditions of the grant, gift or other aid

must be permitted by law.

2. The Authorized Officer may award, grant or subgrant pursuant to a federal

or state program on behalf of the Authority gifts, grants, and other aid

(collectively “Grants”) not to exceed $500,000.00 per “Grant” to any

person or entity; this State, or agency of this State; a political subdivision

of this State, or agency of a political subdivision of this State; any

municipal entity, or agency of a municipal entity, any statutory entity, or

an intergovernmental entity created under the laws of this State. Any

terms or conditions of the Grant must be permitted by law.

3. The Authorized Officer may execute all documents on behalf of the

Authority necessary to apply for any federal, state, local, private or other

program for which the Authority is eligible to apply subject to final

acceptance by the Authority Board.

VI. Administration of Authority

1. The Authorized Officer shall supervise all employees of the Authority.

2. The Authorized Officer may authorize all payments of up to $500,000.00

on behalf of the Authority, accept all payments on behalf of the Authority,

and take any and all actions consistent with and reasonably necessary to

achieve the purposes of the Land Bank Fast Track Act. This shall include,

but not be limited to, authorizing, negotiating, endorsing, depositing, or

otherwise handling financial instruments including insurance.

3. The Authorized Officer may act to carry out the Authority’s functions

under the Tax Reverted Clean Title Act, including, but not limited to,

MCL 211.1025a.

4. The Authorized Officer, with the consent and recommendation of the

Attorney General, may authorize payments of such amounts not to exceed

$500,000.00, execute and deliver any and all documents, instruments or

agreements deemed necessary or advisable in connection therewith, and

undertake such other acts as are necessary to comply with the terms of a

settlement of any dispute or litigation.

5. The Authorized Officer shall be authorized to sign and perform any

functions or duties previously authorized by the Board for the Michigan

Land Bank’s Director or Executive Director.

VII. Term of Authorized Officer

1. Such designation shall continue indefinitely until modified or rescinded by

the Board.

2. Resolution No. 2019-03, dated April 18, 2019, is terminated effective

August 7, 2019, and replaced by this resolution.

Ayes:

Nays:

Recused:

Lansing, Michigan

August 7, 2019

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