Lackawanna County Commissioners Introduce Land Bank Ordinance

On June 4, thetimes-tribune.com (Scranton) published an article discussing the first reading of an ordinance by Lackawanna County, PA commissioners that would create a land bank.

Lackawanna County commissioners introduce land bank ordinance

Lackawanna County commissioners proposed Wednesday a new public authority designed to fight blight and encourage economic development.

Commissioners held the first reading of an ordinance to create a land bank, an entity state lawmakers in 2012 approved to cut through bureaucracy associated with acquiring and developing abandoned and tax-delinquent properties.

Land banks can hold and manage land, eliminate tax liens, develop, rehabilitate or demolish lots, and sell, transfer, lease or mortgage properties. Around the country, some land banks are massive operations controlling numerous properties, while others target a few properties per year for development.

“I think this will be a great tool to put our properties back on the tax rolls,” Commissioner Pat O’Malley said.

Lackawanna County’s Tax Claim Bureau has more than 400 properties on its repository list, with approximately 200 additional Scranton parcels scheduled to join them soon, said department Director Ron Koldjeski.

He saw significant potential for a land bank to make a difference quickly by delivering clean titles, splitting up and selling afforable vacant lots to neighbors and adjusting property lines of tiny, useless parcels located next to one another to create new pieces of land that can be developed.

Economic Development Director George Kelly envisioned a land bank eventually helping the gamut — from large-scale development at vacant commercial sites to the Hill Neighborhood Association’s proposal to turn several lots into pocket parks, playgrounds, community gardens or off-street parking.

County and city officials have long been talking about creating a land bank, and much more work is required to get it off the ground.

All taxing entities need to sign off on agreements providing guidelines for how the land bank would operate in each of Lackawanna County’s 40 municipalities.

“Really, for this to work, we need the cooperation of everybody,” Commissioner Jim Wansacz said.

Scranton Mayor Bill Courtright said he supports creating a land bank because it has the potential to make a difference in the city.

The ordinance calls for a seven-member board including a county commissioner or designee, the director of the county planning and economic development office and five other at-large members to be appointed initially by commissioners. After the first staggered terms expire, members would be appointed for five-year terms.

Since Scranton is the county seat with the most prospective properties to be involved, Scranton Councilman Bill Gaughan said he wants Scranton to have dedicated representation on the board.

Carbondale Mayor Justin Taylor said he hopes the board of directors will be “a geographically accurate reflection of all parts of the county.”

While land banks are designed to be financially self-sufficient, startup money will be needed.

A broad coalition, including the county and its municipalities, could make a strong case for gaming grant money to get the initiative started, Mr. Kelly suggested.

Commissioners planned to have a second reading of the land bank ordinance at their next meeting in two weeks, and can then vote on it.

Please click here to view the article online.

About Safeguard 
Safeguard Properties is the mortgage field services industry leader, preserving vacant and foreclosed properties across the U.S., Puerto Rico, Virgin Islands and Guam. Founded in 1990 by Robert Klein and headquartered in Cleveland, Ohio, Safeguard provides the highest quality service to our clients by leveraging innovative technologies and proactively developing industry best practices and quality control procedures. Consistent with Safeguard’s values and mission, we are an active supporter of hundreds of charitable efforts across the country. Annually, Safeguard gives back to communities in partnership with our employees, vendors and clients. We also are dedicated to working with community leaders and officials to eliminate blight and stabilize neighborhoods. Safeguard is dedicated to preserving today and protecting tomorrow.  Website: www.safeguardproperties.com.

x

CEO

Alan Jaffa

Alan Jaffa is the Chief Executive Officer for Safeguard Properties, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to Chief Operating Officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur Of The Year® Award finalist in 2013.

x

Esq., General Counsel and EVP

Linda Erkkila

Linda Erkkila is the General Counsel and Executive Vice President for Safeguard Properties, with oversight of legal, human resources, training, and compliance. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, risk mitigation, strategic planning, human resources and training initiatives, compliance, insurance, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. She has practiced law for 25 years and her experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, compensation and benefits, litigation management, and mergers and acquisitions.

Linda earned her JD at Cleveland-Marshall College of Law. She holds a degree in economics from Miami University and an MBA. Linda was previously named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.

x

COO

Michael Greenbaum

Michael Greenbaum is the Chief Operating Officer of Safeguard Properties, where he has played a pivotal role since joining the company in July 2010. Initially brought on as Vice President of REO, Mike’s exceptional leadership and strategic vision quickly propelled him to Vice President of Operations in 2013, and ultimately to COO in 2015. Over his 14-year tenure at Safeguard, Mike has been instrumental in driving change and fostering innovation within the Property Preservation sector, consistently delivering excellence and becoming a trusted partner to clients and investors.

A distinguished graduate of the United States Military Academy at West Point, Mike earned a degree in Quantitative Economics. Following his graduation, he served in the U.S. Army’s Ordnance Branch, where he specialized in supply chain management. Before his tenure at Safeguard, Mike honed his expertise by managing global supply chains for 13 years, leveraging his military and civilian experience to lead with precision and efficacy.

x

CFO

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard Properties. Joe is responsible for the Control, Quality Assurance, Business Development, Marketing, Accounting, and Information Security departments. At the core of his responsibilities is the drive to ensure that Safeguard’s focus remains rooted in Customer Service = Resolution. Through his executive leadership role, he actively supports SGPNOW.com, an on-demand service geared towards real estate and property management professionals as well as individual home owners in need of inspection and property preservation services. Joe is also an integral force behind Compliance Connections, a branch of Safeguard Properties that allows code enforcement professionals to report violations at properties that can then be addressed by the Safeguard vendor network. Compliance Connections also researches and shares vacant property ordinance information with Safeguard clients.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.

x

Business Development

Carrie Tackett

Business Development Safeguard Properties