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Subject: Can City Owned Property be Sold to fund Budget Shortfall?

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Vincent Jericho
Posts:28

03/15/2008 11:39 AM	Alert
Question: I spent a little time this evening looking on the Greene County web site and found that there are over 600 pieces of property owned by the City of Springfield. I surfed through pictures of every one (many photos not available) and was shocked to see how many homes and how much vacant land the city owns. If you would like to take a look at this, the web address is: http://www.greenecountyassessor.org/OwnerSearch.asp?submnu=Owner&mnu=P Search Type in "City of Springfield" and it will bring up the list. Now that I've seen how much vacant property they own, could the city not sell some of it to make up the pension shortfall? Answer from the City of Springfield: Answer: Many of the property parcels the City owns that do not have public buildings on them have been acquired for a variety of reasons. A number of them would be for right-of-way easements for road or public improvements. Such parcels may be acquired, either through donation or willing sellers, years before a project is started because of the number of easements needed for a particular capital improvements project. Others may be acquired through the Floodplain Acquisition Program, where the City will assist homeowners with buyouts of floodplain properties. Some may be specified donations or acquisitions of property for future parkland. Some parcels would be required bufferlands around areas such as the sewer treatment plants or the Airport. If there are surplus properties that would have economic value, the City Council could consider selling them and applying the proceeds to legal and appropriate uses such as the Police/Fire Pension Fund.

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Forums > Questions to the City of Springfield > List your questions: we'll get the answers > Can City Owned Property be Sold to fund Budget Shortfall?

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