a:3:{s:16:"field_story_body";a:1:{i:0;a:2:{s:5:"value";s:790:"<span style="font-size: larger;">Under Michigan law land banks aren&rsquo;t suppose to buy reverted property until after market buyers have had a chance to purchase them at tax auctions. However the law allows local governments to purchase delinquent and abandoned properties before the the tax auctions.</span><br />
<br />
<span style="font-size: larger;">It would appear local governmental units have used he law to bend its original intent.</span><br />
<br />
<span style="font-size: larger;">For an article on the practice that some governmental entities have gotten into click on the following link:</span><br />
<br />
<a href="http://www.michigancapitolconfidential.com/18990"><span style="font-size: larger;">http://www.michigancapitolconfidential.com/18990</span></a><br />";s:6:"format";s:1:"2";}}s:17:"field_story_image";a:1:{i:0;a:10:{s:3:"fid";s:4:"3451";s:4:"list";s:1:"1";s:4:"data";a:3:{s:11:"description";s:0:"";s:3:"alt";s:0:"";s:5:"title";s:0:"";}s:3:"uid";s:1:"1";s:8:"filename";s:12:"landbank.jpg";s:8:"filepath";s:39:"sites/default/files/images/landbank.jpg";s:8:"filemime";s:10:"image/jpeg";s:8:"filesize";s:5:"59359";s:6:"status";s:1:"1";s:9:"timestamp";s:10:"1376664328";}}s:12:"field_weight";a:1:{i:0;a:1:{s:5:"value";N;}}}