Approves Resolution R38-2026 affirming TIRC recommendations for Franklin County, 7-0
New Albany City Council approved three Community Reinvestment Area tax abatement agreements (100% real property tax abatement for 15 years each) on 7-0 votes: Resolution R40-2026 with VTRE Development LLC (Van Trust Real Estate) for a 250,000 sq ft speculative facility on Worthin…
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Affirms the recommendations of the New Albany Tax Incentive Review Council for Franklin County. TIRC reviewed 16 CRA agreements and recommended continuation of 15. The CRA term for the Incova Insurance Data Center in the Central College CRA concluded with tax year 2025. Passed 7-0.
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
New Albany City Council approved three Community Reinvestment Area tax abatement agreements (100% real property tax abatement for 15 years each) on 7-0 votes: Resolution R40-2026 with VTRE Development LLC (Van Trust Real Estate) for a 250,000 sq ft speculative facility on Worthin…
Industrial
Industrial
Two new speculative industrial/manufacturing facilities (250,000 sq ft and 110,000…
Stormwater management is an active regulatory concern; New Albany lies…
Regional population grew about 16,900 in the past year and…
City income tax revenue remains strong at 91% of amended…
On the record: the mayor, a councilmember, 3 staff members, the clerk, an attorney, and 5 members of the public.
Ask who voted, what conditions passed, and what staff recommended for "City Council - 2026-10-06", with every answer cited to the transcript. Included with Pro.
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