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Young County trustees discuss joining Albany tax-increment plan, ask staff to revise participation language
Summary
Young County officials reviewed a draft city ordinance and a proposed tax-increment reinvestment zone (TIRZ/TIF) for part of Albany and discussed county representation on the TIRZ board; commissioners asked staff to update the county participation agreement and return it for a future vote.
Young County Commissioners on Monday discussed whether the county should participate in a proposed tax-increment reinvestment zone the City of Albany has drafted. Tom Parker of Omni Economic Development Corporation presented a copy of the city ordinance establishing the TIRZ and the county's proposed participation level, and asked the court to review a draft notice the county could ratify after edits.
Park…
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