City to purchase 49.42 acres from LHR Industries
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Description
Resolution authorizes city manager to enter into purchase agreement with LHR Industries Inc for 49.424 acres parcel at 6500 New Albany Road East. This is to prevent development detrimental to the school district and work with schools to create athletic fields.
Contract Details
Contract Amount
$15,000,000
Vendor
LHR INDUSTRIES
Agency
City of New Albany city, OH
Contract Type
Purchase Agreement
Document Date
August 19, 2025
Contract Term
NA
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