Economic Development Commission (EDC)
Commission Members:
pending |
An EDC meeting is held once a year for reorganization, normally at the
beginning of each year. The annual meeting is conducted in the Council
Room of the Albion Municipal Building, which is located at 211 East Park
Drive, Albion 46701.
EDC Responsibilities:
The function and powers of the Albion Economic Development Commissionare governed by Indiana Code 36-7-12. An EDC can be as active or inactive
as a Town Council allows.
Albion’s EDC basic functions:
1. Approve the creation of an Economic Development Target Area (EDTA)for Retail Tax Abatement areas.
2. Approve Inducement Resolutions for Industrial Revenue Bonds (IRB’s)
contacting the Albion Town Hall. The EDC contact is the Town Manager.
The Town Manager can be reached at 260-636-2246 M-F. Email albionmanager@frontier.com