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File #: 2165-2022    Version: 1
Type: Ordinance Status: Passed
File created: 7/14/2022 In control: Economic Development Committee
On agenda: 7/25/2022 Final action: 7/27/2022
Title: To authorize the Director of the Department of Development to enter into an Economic Development Agreement with New Albany for the purpose of planning for future growth and development and working cooperatively to establish an area to be called the “2022 New Revenue/Equity Sharing Area”; and to declare an emergency.
Explanation
Background: This legislation authorizes the Director of the Department of Development to enter into an Economic Development Agreement with the City of New Albany.

Columbus and New Albany recognize the importance of planning for future growth of their two communities and of working cooperatively on issues relating to economic development as well as utilizing community resources for responsible growth, and development opportunities beneficial to both Columbus and New Albany.

In recognition of the importance of planning for their future growth and working cooperatively, Columbus and New Albany previously entered into Economic Development Agreements dated October 12, 2001 (the “2001 EDA”) and January 26, 2012 (the “2012 EDA”) with that EDA having been amended on August 28, 2015 (the “2015 EDA Amendment” and collectively with the 2001 EDA and the 2012 EDA, the “Prior EDAs”), which Prior EDAs remain in effect.

Columbus and New Albany are currently parties to the following agreements for the provision of water and sanitary sewer infrastructure and services: (1) for water service, that certain contract between Columbus and New Albany, originally entered into on January 26, 2012, as the same was amended on September 3, 2015 (as amended the “Water Service Contract”) and (ii) for sewage disposal services, that certain contract between Columbus and New Albany originally entered into on September 14, 1988, as the same was amended on May 11, 1995, November 10, 1999, October 12, 2001, February 28, 2012, and September 3, 2015 (as amended, the “Sewer Service Contract”).

In further recognition of the importance of planning for their future growth and working cooperatively to assure that regional growth and development is served properly and in an environmentally responsible way to the extent practicable by centralized water and sewer systems, Columbus and New Albany have agreed to replace that Water Service Contract and that Sewer Service Contract with new water ...

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