By Lynn West / New Albany News-Exchange
New Albany aldermen took no action to purchase Eastwood Properties mobile home park Tuesday night, at least partly because they believe the purchase price will be too high to be justified for city use.
The decision came after nearly an hour of heated discussion among residents gathered at the civic center, arguing both sides of the issue.
Two options were presented: one to purchase the entire property for $575,000 and a second to buy the mobile home park only (and not the motel) for $425,000, allowing tenants time to have the owners find new residences for them.
Ward Four Alderman Will Tucker, in whose ward the park is situated, moved for the city to have an appraisal done and commit to paying $255,000 for the park area in a year but the motion died for lack of a second.
City Attorney Regan Russell had brought out that the city could not legally buy the property any time without an appraisal first, could not vote without a firm offer and could not vote on a deal that would obligate future boards of aldermen. That meant the only real legal action the board could have taken Tuesday was to vote for an appraisal.