Second, given the large number of vacant properties that already exist and the likelihood that more vacant properties would be abandoned to tax sale due the increased tax rate on vacants, I would act promptly to establish a Land Bank in Baltimore. The land bank would be wholly owned by the City, and would be instrumental in reforming the entire tax sale process. The Land Bank would have the responsibility for assembling, stabilizing, managing and redeveloping City owned and tax delinquent properties. Here again, the purpose of redeveloping vacant property, which may mean building new housing, creating a shopping area, or establishing a park or greenway, building a community play area, or planting an urban farm, is to increase the tax base. The large number of vacant properties is a serious problem, but it also presents the City with a tremendous opportunity to add green space and public amenities to neighborhoods for the purpose of growing the tax base.