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Local property owners push Albany Westover CID to fund infrastructure; commissioners briefed on process
Summary
Property owners and Colony Bank representatives presented a plan to form the Albany Westover Community Improvement District (CID), reporting 82 owner consents and urging commission approval so a millage can be set and appear on this year’s tax bill.
Heath Fountain, CEO of Colony Bank, asked the commission July 1 to approve formation of the Albany Westover Community Improvement District and explained how the CID would work under state law.
Fountain told commissioners the state enacted enabling legislation (House Bill 160) allowing CIDs in Albany; after study the organizing group raised $75,000 to evaluate a CID and secured consents from 82 property owners in the proposed district. He said the accounting/tax…
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