ADICA can move forward with development bond money - WALB.com, Albany News, Weather, Sports

ADICA can move forward with development bond money

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By Len Kiese - bio | email

ALBANY, GA (WALB) - The city of Albany is now legally free to use millions of dollars in bond money for downtown development.  But some Dougherty County taxpayers may continue to fight it.

Judge Denise Marshall ruled the Albany Dougherty Inner City Authority can move forward with a plan to issue $6 million in bonds to spur development.

The Dougherty County Taxpayers Association thinks it's a waste of money and not transparent enough but lost their court challenge.

"Now downtown Albany has a chance as far as revitalization in the form of commercial development and residential redevelopment. The board will explore proposals from several contractors," said ADICA Executive Director Don Buie.

Buie says proposals include everything from entertainment facilities to a national chain restaurant.

Richard Thomas with the Taxpayer's Association says they're still reviewing the ruling and may appeal.

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