Smith Center Land Bank

The Smith Center Land Bank has the primary responsibility and authority to efficiently acquire, hold, manage, transform, and convey abandoned, tax-foreclosed, or otherwise under-utilized or distressed properties back into productive use. 

The Smith Center Land Bank is an independent agency and instrumentality of the City.

 

Frequently Asked Questions

Who manages the property in the Smith Center Land Bank?

The Smith Center Land Bank Board of Trustees oversees the Land Bank, which is administered by the Economic Development Director under a strict code of ethics and clearly defined policies and procedures that ensure there are no conflicts of interest. 

 
How can I donate property to the Smith Center Land Bank?

To donate property to the Smith Center Land Bank, please contact the Economic Development director. The property donation process guide (accessible in the Documents below) explains the process of property donation.

 

What is the benefit of donating property to the Smith Center Land Bank?

Once the Smith Center Land Bank takes ownership of the property, the Land Bank becomes responsible for all code violations and maintenance issues on the property. The donor is relieved of his or her back taxes and may receive some income tax benefit from the donation. Check with your financial advisor to be sure of the tax benefit.

 

How can I purchase a property from the Smith Center Land Bank?

All of the parcels in the Land Bank, as well as parcels being marketed for Economic Development, will be posted on this webpage. No parcels are available at this time.

Contact Info

Economic Development
219 S. Main
785-282-6517
Email

Frequently Asked Questions

How does the Smith Center Land Bank acquire property?

The Smith Center Land Bank acquires property through purchase, donation or tax foreclosure.

What types of property are held by the Smith Center Land Bank?

Three types are parcels are held:

  • Parcels with a structure: existing structures including homes, garages, and businesses.
  • Buildable parcels: parcels of land without any free-standing structures before purchast, where structures such as houses or other large buildings can be built.
  • Non-buildable parcels: parcels where houses or other large buildings cannot be built, but garages, fencing, paving, or other similar structures can be built.