OC authority looks to acquire blighted East End property

Oil City Redevelopment Authority members decided at their meeting Wednesday to move forward with the process of acquiring a blighted property in the East End.

After discussion, the authority agreed to ask the City of Oil City to acquire 1015 East Second St. for the authority from the Venango County Land Bank. The East Second property will be available for purchase at the judicial sale in the spring, said authority chairman Allen Shiller.

Shiller explained that a municipality is required to acquire a property from the land bank and that the authority can’t acquire a property directly from the land bank.

He said that after acquiring the property the authority would need to demolish the blighted house and ask the county, city and Oil City Area School District to waive the future taxes on the land.

Shiller was re-elected authority chairman and Karen Rupert was elected vice chair at Wednesday’s meeting. Shiller will also continue as the authority’s representative to the Venango County Economic Development Authority.