Friday, June 24, 2005

A Letter From Develop New Albany

June17, 2005

To Those Interested in the Scribner Place/YMCA Project,

As you probably know, Develop New Albany, the Indiana Main Street program which supports historic preservation and economic development in New Albany’s Historic Business Districts, has been a staunch supporter of the Scribner Place project since its inception. The project can be a real catalyst to downtown development. The initial resolution and commitment by the city in 2003 pledged EDIT funds to leverage $20 million from the Caesars Foundation of Floyd County ($18 million to the city for project financing and $2 million to the YMCA for a 20-year period).

The City Council is on the verge of an important vote for an ordinance to allow financing of the project at a cost of $400,000 a year in city EDIT funds through approximately 2022. (This letter was prepared prior to the June 16 City Council workshop, where Option 1 would have the city committing only $270,000 to Scribner Place bonds - Ed.)

The property was purchased last year for the Scribner Place site, and recently, the Schmitt Furniture Warehouse and Retailers Supply have relocated part of their operations. In addition environmental clean-up is being scheduled in preparation for construction. If the financing is approved, ground is expected to be broken on the project before year’s end.

The project involves an aquatic center featuring a lap swimming pool, family fun pool and therapeutic pool, parking and infrastructure for what is considered Phase II, private development at Pearl and Main streets. The YMCA is currently raising funds for its building, and is currently over half-way toward its goal.

If you want to see the Scribner Place become a reality, please call or write your City Councilman. Attached is a list of Council members and their districts.

You may also want to attend upcoming Council meeting. Votes on the ordinance should begin at the Thursday, July 7 meeting.

If you have any questions, please call us at 941-0018.



222 Pearl Street, New Albany, IN 47150 (812) 941-0018 www.developna.org


New Albany City Council Members

Donnie Blevins
1548 Corydon Pike
New Albany, IN 47150
944-4856
(At Large)
Beverly Crump
1510 Star Haven Drive
New Albany, IN 47150
(Fifth District)
Jack Messer
1906 Carriage Court
New Albany, IN 47150
949-9638
(At Large)
Jeff Gahan
1122 Eastridge Drive
New Albany, IN 47150
949-9314
(Sixth District)

Mark Seabrook
1130 Eastridge Drive
New Albany, IN 47150
944-9644
(At Large)

Dan Coffey
425 W. Seventh St.
New Albany, IN 47150
949-1262
(First District)

Bill Schmidt
202 Ellen Court
New Albany, IN 47150
945-7386
schmidts@aye.net
(Second District)

Stephen Price
112 Butler St.
New Albany, IN 47150
941-9032
(Third District)

Larry Kochert
2236 Shelby St.
New Albany, IN 47150
945-7652
(Fourth District)

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