News & Information

PUBLIC NOTICE OF MARCH 25, 2021 ORGANIZATIONAL AND SPECIAL MEETING OF THE BOARD OF TRUSTEES OF THE NEW ALBANY COMMUNITY AUTHORITY

Notice is hereby given that an Organizational and Special Meeting of the Board of Trustees of The New Albany Community Authority will be held on Thursday, March 25, 2021, commencing at 4:00 p.m.  At this meeting the Board of Trustees will consider: Election of Board Officers for 2021. Resolution No. 2021-1 approving and authorizing $2,470,000 of disbursements from the Economic…

PUBLIC NOTICE OF SEPTEMBER 10, 2020 FISCAL AND SPECIAL MEETING OF THE BOARD OF TRUSTEES OF THE NEW ALBANY COMMUNITY AUTHORITY

Notice is hereby given that a Fiscal and Special Meeting of the Board of Trustees of The New Albany Community Authority will be held on Thursday, September 10, 2020, commencing at 4:00 p.m.  At this meeting the Board of Trustees will consider: Resolution No. 2020-02: Determining the Community Development Charge for 2020 (for Receipt in 2021) and Providing for its…

PUBLIC NOTICE OF MAY 29, 2020 SPECIAL VIDEO CONFERENCE/TELECONFERENCE MEETING OF THE BOARD OF TRUSTEES OF THE NEW ALBANY COMMUNITY AUTHORITY

Notice is hereby given that a Special Meeting of the Board of Trustees of The New Albany Community Authority will be held on Friday, May 29, 2020, commencing at 4:30 p.m. At this meeting the Board of Trustees will consider: 1. Resolution No. 2020-1 approving and authorizing $2,570,000 of disbursements from the Economic Development Fund to pay costs of economic…

Economic Development Fund

On February 23, 2018, the City of New Albany requested approval for additional disbursements from the Economic Development Fund in the sum not to exceed $4,000,000 to pay costs of the following in support of economic development: to pay for shuttle service in 2018 for business park employees between the COTA Park and Ride and their places of employment, in…

Community Authority Reduces Millage to 3.4

On September 3, 2018, the New Albany Community Authority Board of Trustees voted unanimously to reduce the 2018 Community Development Charge to 3.4 mills from 3.75 mills. This is the 17th year in a row that the Charge has been maintained or reduced from the prior year’s rate. The Charge is to be collected by Franklin County with property taxes…

Community Authority Refinances Infrastructure Debt

On December 1, 2017, the Authority repaid the remaining $3,190,000 in bonds outstanding on from the 2011 Series D Infrastructure Bond issue. On December 14, 2017, the Authority issued $9,210,000 in new Infrastructure Bonds (Series E) for construction of Road Infrastructure Improvements in the Beech Road south area. The term of the bonds is 15 years, to be repaid from…