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July 10, 2013

Coffey persistent on Midtown audit

Fire station conveyed for Kroger expansion deal

(Continued)

NEW ALBANY —

For example, on Tuesday, the commission voted to accept ownership of a four-plex building at 617 E. Eight St., which is within the NSP boundary for the project. It was donated to the city by a bank, as Duggins said financial institutions receive credits for making such contributions. If refurbished in conjunction with the NSP project, Duggins said the four-plex will be converted to a single-family residence. 

 

FIRE STATION CONVEYED FOR KROGER DEAL

Though the final financial numbers are still being determined, the city took another step toward closing a deal with Kroger for its Green Valley Road fire station. 

The station would be sold to Kroger so that it can expand its State Street shopping center. The city would use the proceeds from the sale toward constructing a new station off Daisy Lane near where the new aquatic center will be located. 

On Tuesday, the board of works voted to convey the Green Valley Road station to the redevelopment commission so that it can conduct the deal with Kroger.

It’s been estimated Kroger would pay the city $1.5 million for the firehouse and property. 

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