City of New Albany Wins Appeal
/The City of New Albany tax payers won a major victory on Wednesday in the Indiana State Court of Appeals regarding ownership of the local criminal justice center.
The original criminal justice center was jointly funded by both the City of New Albany and Floyd County through a lease with the New Albany-Floyd County Building Authority. Last year, Floyd County Government Officials demanded that the Building Authority immediately transfer the title of the jail to them at no cost.
Honoring an agreement with Floyd County Government dating back to the 1950’s, the citizens of New Albany paid tens of millions of dollars in construction bonds and maintenance costs to build, renovate, and operate the jail. But Floyd County Officials attempted to abscond with the Jail property free of charge, stripping New Albany from all ownership.
Once again, Floyd County officials reneged on a long-standing agreement made with the City of New Albany.
The Indiana Court of Appeals reversed the lower court’s decision, stating that Floyd County Government must first purchase the property. The purchase price is expected to be in the millions of dollars.
Read more here: https://www.theindianalawyer.com/articles/50366-reversal-floyd-county-loses-title-to-criminal-justice-center-over-lease-dispute