New Albany and the New Albany Co. hope to annex 102 acres from Jersey Township to become part of the village's business park east.

New Albany and the New Albany Co. hope to annex 102 acres from Jersey Township to become part of the village's business park east.

Village council members are scheduled to hear a resolution Tuesday, May 4, to provide services to the 102 acres. They must approve the resolution prior to the annexation request going before the Licking County commissioners on June 24.

The land, owned by NACo, currently is part of Jersey Township and the Johnstown-Monroe Local School District.

If the county commissioners approve the annexation agreement, the land, to be zoned agricultural upon annexation, would become part of the revenue-sharing agreement that the village and the J-M school district approved in December.

Jennifer Chrysler, New Albany community-development director, said the deal with the J-M district is similar to the ones the village has in place with the New Albany-Plain Local School District and the Licking Heights Local School District.

For each dollar spent, 30 cents would go to paying back infrastructure debt, and 15 cents would be used to pay Columbus for water and sewer services.

The rest is split evenly between the village and the J-M district until the school district is made whole, meaning the amount of money the district would have without the exemption in place.

For more information, read the May 6 edition of ThisWeek New Albany.