We are excited to report that you are receiving the first edition of the Lake County Land Reutilization Corporation's (Land Bank's) electronic newsletter. This document is intended to keep you and our communities informed of the various activities of the Land Bank.

  We are a not-for-profit corporation, created and funded to assist in eliminating residential and commercial blight, helping with neighborhood stabilization and focusing on creating a cooperative approach towards future economic development.  We have come a long way since beginning operations in May of 2013.

 To date, most activities have involved the implementation of Ohio Attorney General Mike DeWine's Moving Ohio Forward Demolition Program. Lake County was originally allocated just under $1.5 million dollars based upon the County's prior years foreclosure activity. Of this amount, $500,000 was made available in the form of a grant and the balance available in matching funds.

 Working with various county agencies and communities, 84 structures were identified as possible candidates for demolition.  A successful funding application was made in the summer of 2012 for a project estimated to cost $800,000. 

    The AGO's Office has since increased Lake County's award based on actual costs to date. We now have 67 structures to be demolished, which we estimate will cost $1,158.338.

  The deadline for completing the first phase of the program has been extended statewide by the Attorney General. Lake County's initial award must be distributed by the end of June 2014. All steps including demolition must be concluded by the end of April, to comply with the AGO's reimbursement submission guidelines.

 The information that follows details the work completed to date with photos for your review. The addresses of the properties are listed by phase and by community. Please note these listings are subject to revision, as circumstances may change.