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The sale of the more than $200 million worth of bonds will be paid back by local income taxes over the next 20 years.
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After months of delays from legal challenges, the Allen County Council approved the commissioners proposed sale/lease of the Allen County Courthouse to the Allen County Building Corporation as a funding mechanism for building the new jail. The courthouse will operate as normal.
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With the dust of the legal proceedings surrounding the plan for the new jail settled, the Allen County Commissioners said they're ready to move forward.
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A week after the Indiana Tax Court upheld the Indiana Department of Local Government Finance's approval of the funding plan for building the new jail, the Allen County Residents Against the Jail announced they would not appeal the ruling.
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Two days after a weekend full of legal movements involving the new Allen County Jail, the Allen County Commissioners formally responded to the Tax Court ruling upholding the financing proposal.
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After a months-long lawsuit, the Indiana Tax Court upheld the Indiana Department of Local Government Finance's approval of the Allen County government's funding plan for the new jail.
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But those monitoring the population at the downtown jail worry about the sustainability of this solution to overcrowding.
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The Indiana Tax Court heard final arguments over whether or not the Allen County government can use the historic Allen County Courthouse as collateral for a construction bond to help fund building the new county jail.
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After the Indiana Tax Court ruled the Allen County Residents Against the Jail did not have to post a more than $90 million bond to keep its case against the funding plan for the new jail going, the ACLU of Indiana announced its intent to seek a prisoner release order for the Allen County Jail from the federal court.