Pioneer Press Wed, 09 Apr 2008 13:29:50 -0600
St. Paul vows to battle banks over vacant homes
The City of St. Paul is taking on a group of national lenders that own many of the city's 1,700 registered vacant properties, saying its fed up with playing property manager. "We want to be clear. If they don't come to the table we're going to go after them," St. Paul Mayor Chris Coleman told reporters at a press conference today. While stopping short of saying they planned to sue the lenders as other cities have done, Coleman announced a new plan of attack to address the foreclosure crisis, including giving the lenders 30 days to respond to letters asking the lenders to fix up and find owners for homes they've let sit vacant.
[[keywords: LandUse;PublicSafety;Legal;Living;PropertyTax;Ramsey;Metro;]]
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