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Galion City Council approves assignment of CRA agreement for Carter Crossing
Summary
At a special meeting, Galion City Council approved Ordinance 2025-20 to complete the assignment of a Community Reinvestment Area (CRA) agreement for Carter Crossing and authorized the safety service director to execute the agreement; council also suspended rules to move the ordinance to final reading.
Galion City Council on Monday at a special meeting approved Ordinance 2025-20 to complete the assignment of a Community Reinvestment Area (CRA) agreement from The 5 County Company LLC to Carter Crossing LLC and authorized the city—s safety service director to execute the agreement on the city—s behalf. Council members voted unanimously to suspend the rules and move the ordinance to final reading before passing it.
The ordinance, introduced as "Ordinance number 2025-20, Account ordinance of completing the assignment of a community reinvestment area (CRA) agreement between the city, The 5 County Company LLC to Carter Crossing LLC and authorizing the safety service director to enter said agreement on behalf of the City of Galion and declaring an emergency," was discussed briefly at the meeting and advanced on an accelerated timetable.
Andrew Malone, representing prospective buyers Jeff and Debbie Cockton, thanked the council for convening the special meeting and for considering the transaction on short notice. Malone said, "We want to say thank you to the City Council of Galion for convening this special meeting. We appreciate the consideration you—ve given us." Jeff Cockton described his background in rentals and construction: "We—ve been in the rental business for about 35 years ... this is what we chose to do," and said the buyers hope to expand the property with larger units than the existing one- and two-bedroom apartments.
Mayor O'Leary noted the quick timeline between initial notice and the meeting, and described the parcel—s history, saying it was once a Methodist church and that the Gilts family had developed the commercial and residential portions of the site. The mayor said the council viewed the proposed transfer as an important part of completing the development.
Procedurally, Councilmember George moved to suspend the rules and advance Ordinance 2025-20 to final reading; Councilmember Palmer seconded that motion and the roll call vote was affirmative. Later, Councilmember Richard moved to pass Ordinance 2025-20; Councilmember Watkins seconded. Roll call votes recorded by the clerk showed unanimous approval by council members present and the motion carried.
The ordinance declares an emergency and empowers the safety service director to sign the assigned CRA agreement. Council did not specify additional conditions in the meeting record; closing of the property transfer and any implementation steps were described as forthcoming by the buyers and their representative.
The council also considered adding another ordinance (referred to in the record as Ordinance 2025-22) to the agenda earlier in the meeting; that procedural motion was approved. No further substantive details about Ordinance 2025-22 were discussed on the record at this meeting.
The meeting adjourned after the vote. Council members invited the buyers to attend regular council meetings in the future and discussed meeting follow-up and introductions to the community.
