CONTRACTAPPROVED

City of New Albany Awards Tax Abatement Contract to American Electric Power Service (December 2024)

Approved: Dec 17, 2024
Term: 15 year

What it covers

City Approves Tax Abatement Amendment with AEP for Data Center. Agreement allows pilot provision to cover future shortfalls and cure the CRA agreement. It ensures the city will not receive less revenue than agreed.

Who holds it

American Electric Power Service holds this tax abatement contract with City of New Albany. Its other public contracts on record include work for City of New Albany city and Town of Niles.

What happens next

Term as filed: 15 year.

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Contract details

Contract type: Tax Abatement
Document date: December 17, 2024
Term: 15 year
Vendor: American Electric Power Service
Agency: City of New Albany
Source document: city-of-new-albany-meeting-minutes-2024-12-17_54f.pdf (Meeting Minutes)

American Electric Power Service's other public contracts

City of New Albany city, OhioAEP CRA Amendment · Dec 17, 2024Undisclosed City of New Albany city, OhioAmendment to Community Reinvestment Agreement Approved · Dec 17, 2024Undisclosed City of New Albany city, OhioAmendment to Power Agreement Approved. · Dec 17, 2024Undisclosed Town of Niles, MichiganFacilities Agreement approved for electric power delivery · Dec 9, 2024Undisclosed City of Niles city, MichiganApprove updated facilities agreement with American Electric Power · Dec 9, 2024Undisclosed All American Electric Power Service contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement contract by City of New Albany?

American Electric Power Service was awarded this tax abatement contract by City of New Albany, as recorded on December 17, 2024.

What type of contract is this?

This is a Tax Abatement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-new-albany-meeting-minutes-2024-12-17_54f.pdf (Meeting Minutes), dated December 17, 2024 from City of New Albany. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Electric Power Service hold?

American Electric Power Service may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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