Commissioners approve Galena library property sale and create bridge construction fund

The Floyd County Commissioners on July 1 approved several property and fund-management actions related to the Galena library site and county capital accounting.

County Attorney Rick Botts presented a quitclaim deed and asked commissioners to authorize Commissioner Knable to sign the deed outside a meeting once the $50,000 purchase check is received. Commissioners approved the authorization by unanimous vote.

Botts next presented a termination of the 2017 interlocal agreement between the county and the New Albany Floyd County Library District that had set mutual duties regarding the Galena property. The commissioners approved terminating that interlocal agreement to reflect the library's pending purchase.

Botts also presented a joint resolution, identified in the meeting as Floyd County Resolution 2025-16, to transfer the property to the library district for $50,000. Commissioners voted to approve the joint resolution; Botts said the agreement will then need approval by the county council and the library board before the transfer completes.

Botts noted the county will provide snow removal service for the library parking lot and access road while a solid-waste operation remains on site and that the county retains a right to remove that solid-waste service within 12 months.

Separately, commissioners approved Floyd County Ordinance 2025-20, which establishes County Bridge Improvement Construction Fund number 4502 to receive and disburse bond funds for bridge projects. They also approved an amendment to Floyd County Ordinance 2022-39 to rename a fund the County General Capital Improvement Fund (a nonreverting fund) to better align accounting with intended uses.

Why this matters: The actions transfer an asset to the library district and put in place dedicated accounting structures for forthcoming bridge bond proceeds and capital projects, clarifying ownership and fund flows.

Ending: The property transfer still requires county-council and library-board approvals to be final; staff will present signed documents to those bodies as the next steps.