Oklahoma City will create a registry as a first step toward reducing the negative impact on neighborhoods of thousands of vacant and abandoned buildings.
A study found there are more than 12,000 vacant and abandoned buildings in Oklahoma City.
The study showed those blighted properties cost taxpayers millions of dollars in lost revenue and place excessive demands on services such as fire and police protection.
The cost to property owners in lost value due is estimated to be $2.7 billion.
Owners of blighted properties pay an average of $112.39 annually in property tax, sales tax, franchise fees and other charges, the study found.
That stands in contrast to the more than $1,200 paid by owners of occupied homes.
The city council approved the registry in a unanimous vote Tuesday after hearing comments from about 15 people. About 70 people attended the meeting.
The measure was adjusted to meet concerns of commercial property managers after a public hearing two weeks ago.
Further measures, such as creation of a land bank to finance neighborhood revitalization, will require legislative action.