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Purchase Agreementapproved

new-albany-city-council-meeting-minutes-august-19-2025_2b2.pdf

City to purchase 49.42 acres from LHR Industries

$15,000,000City of New Albany cityLHR INDUSTRIESAugust 19, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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