City Transfers Property to Land Bank for Housing Project
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Description
The City of Dalton approved the transfer of real property located at Underwood Street and Dantzler Avenue to the Dalton-Whitfield County Land Bank Authority, Inc. for development as an affordable housing UPUD pilot project, with a reverter clause if not developed or conveyed for this use within 6 months. The transaction was authorized by Resolution 26-13 and executed through a warranty deed.
Contract Details
Contract Amount
ten dollars and other valuable considerations
Vendor
DALTON-WHITFIELD COUNTY LAND BANK AUTHORITY INC
Agency
Greater Dalton MPO, GA
Contract Type
OTHER
Document Date
June 8, 2026
Contract Term
Reverts if no development initiated within 6 months of transfer
Renewal Info
Deed provides for reversion of property to the City if Land Bank does not initiate development or convey to a third party for UPUD affordable housing within 6 months.
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