New Albany Approves Development MOU With New Albany Company
- Disclosed value
- $1,000,000.00 reimbursement to the City toward Phase Two roadway construction costs; additional property dedications and work at no charge
- From resolution
- Approved
- Oct 20, 2026
The 30-second brief
New Albany approved a memorandum of understanding with The New Albany Company LLC covering coordinated development of private property, public roads, Rose Run Park Phase 3, and stormwater infrastructure. NACO will reimburse the City $1 million for specified Phase Two roadway costs and provide additional property and site-work contributions.
New Albany Company LLC holds this contract with City of New Albany city. Its other public contracts on record include work for New Albany Intermediate School and New Albany Public Schools.
Term as filed: Effective on the last date of signature; no fixed expiration date stated.
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Contract details
- Amount
- $1,000,000.00 reimbursement to the City toward Phase Two roadway construction costs; additional property dedications and work at no charge
- Document date
- October 20, 2026
- Term
- Effective on the last date of signature; no fixed expiration date stated
- Vendor
- New Albany Company LLC
- Agency
- City of New Albany city
- Source document
- New Albany Resolution R-43-2026 Accept Amounts and Rates Tax Levies Franklin County Auditor 2026-10-20 (Resolution)
New Albany Company LLC's other public contracts
More City of New Albany city contracts
Questions about this contract
Who was awarded the government contract by City of New Albany city?
New Albany Company LLC was awarded this government contract by City of New Albany city, as recorded on October 20, 2026. The contract value is $1,000,000.00 reimbursement to the City toward Phase Two roadway construction costs; additional property dedications and work at no charge.
How much is the New Albany Company LLC contract with City of New Albany city worth?
The New Albany Company LLC contract with City of New Albany city is valued at $1,000,000.00 reimbursement to the City toward Phase Two roadway construction costs; additional property dedications and work at no charge.
What type of contract is this?
This is a government contract, documented as a resolution record.
Where was this contract approved?
This contract appears in New Albany Resolution R-43-2026 Accept Amounts and Rates Tax Levies Franklin County Auditor 2026-10-20 (Resolution), dated October 20, 2026 from City of New Albany city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Albany Company LLC hold?
New Albany Company LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of New Albany city currently buying?
Explore City of New Albany city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.