Commissioners agree to begin moratorium discussion for future land-bank sales

Commissioners directed staff to begin drafting policy updates and to discuss a moratorium on future land-bank and city lot sales at an upcoming meeting.

A commissioner introduced the idea of a moratorium to give the land bank time to refine sale policies, asking whether future sales should be paused "until we can get this policy back to the land bank and the commission for approval." Commissioners clarified the moratorium would not affect lots already owned by buyers—"Future sales only," a commissioner reiterated. One commissioner suggested a short timeline for drafting and review, with discussion likely in October or November.

Staff said policy drafts may not be complete by the next meeting but committed to presenting policy ideas and the specific buyer offer together for the commission to consider before adopting changes.