New Albany Approves CRA Agreement With VTRE Development

New Albany approved a CRA Agreement and water and sewer services MOU with VTRE Development, LLC. The CRA agreement provides a 100% property tax exemption for up to 15 years.

Document date · August 21, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Up to 15 years

Renewal

The resolution authorizes amendments not inconsistent with the resolution and not substantially adverse to the city; no renewal option was specified.

Document type

Resolution

Source document

City of New Albany Resolution R-38-2026 Affirming Recommendations of Tax Incentive Review Council 2026-08-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of New Albany city?

Vtre Development Llc was awarded this government contract by City of New Albany city, as recorded on August 21, 2026.

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 City of New Albany Resolution R-38-2026 Affirming Recommendations of Tax Incentive Review Council 2026-08-21 (Resolution), dated August 21, 2026 from City of New Albany city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vtre Development Llc hold?

Vtre Development 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.

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