Galyon City Council approves emergency CRA agreement for Carter Crossing LLC

Galion City Council took significant steps towards economic development during its special meeting on March 21, 2025, by approving an ordinance that facilitates the transfer of a community reinvestment area (CRA) agreement. The council unanimously voted to amend the agenda to include Ordinance 2025-20, which allows the assignment of the CRA agreement from the Five County Company LLC to Carter Crossing LLC.

The ordinance, which was declared an emergency measure, aims to enhance opportunities for local development and investment in the community. Council member Miss George emphasized the importance of the legislation, stating it provides a beneficial opportunity for the new purchasers of Carter Crossing. The council's swift action reflects a commitment to fostering economic growth in Galion.

In addition to the main ordinance, the council acknowledged the presence of guests, including representatives from Carter Crossing LLC and their attorney, highlighting the collaborative nature of the meeting. Mayor O'Leary noted the rapid progress made in just a week, from initial discussions about the property transfer to the formal introduction of the new buyers.

The council's decisions during this meeting are expected to have a positive impact on the local economy, paving the way for future developments and investments in Galion. As the city moves forward with these initiatives, residents can anticipate enhanced opportunities for growth and revitalization in their community.