Many of the NAUEA past strategic goals and obejectives have already been accomplished:
Demolition of the Main Street parking ramp and 26 unsafe structuresCompletion of the City Dump environmental studyCompletion of the East End Neighborhood PlanCompletion of the roadway improvement study for SIlver, Rear Market and East Main streetsBoundary expansion to include Grant Line Road Development Corridor and Eagle Lane Industrial ParkAn increase in private investment in excess of $4,090,499 - of this, $356,294 was directly attributable to Business Zone incentivesIncrease in workforce strength by establishment of the Work One Access Center and completion of a Workforce Investment Strategic PlanThe Facade Improvement Grant Program recently passed a milestone of 69 approved grants, creating investment of $176,100 in business facades in the Enterprise Zone. These funds have helped leverage approximately $529,800 in private sector building improvements, according to NAUEA records. This represents an approximate 3 to 1 ratio in leveraged funds. In an effort to make more funds availale to developers, the board of directors changed the program to allow property owners owning multiple properties to apply for each property owned rather than one grant per year. This will allow for even more development in the Zone.
117 E Spring, Suite 405
New Albany, IN 47150-3516
Phone: 812.944.3454
Fax: 812.944.8171
Email: info @ nauea.org
Michael C. Ladd, Executive Director
Board of Directors:
Officers
Daniel Meyer—President
Ron McKulick—Vice President
Roger Baylor—Secretary
Larry Brumley—Treasurer
Board Members
Al Goodman
Allen Howie
Carl Malysz
Jack Messer
Robert S. Norrington
Robert Norwood
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