The Indianapolis-Marion County Building Authority is an independent municipal corporation that owns, finances, and operates land and buildings for the use of city and county government operations. It was organized under special state legislation in 1953 to oversee the construction and financing of the. The authority has no separate taxing power, so it repays its bonds and pays its operating expenses through rents collected under long-term leases with the city of Indianapolis and Marion County.
In addition to the City-County Building, the authority owns and operates the Downtown Canal Walk, Marion County Jail, Marion County Jail II, the Arrestee Processing Center, the Juvenile Justice Complex and Annex, the Willard Park Public Safety Answering Point, the Public Safety Training Academy, the Eagle Creek Firearms Training Facility, the Indianapolis Metropolitan Police (IMPD) Youth Services and (IMPD) District Headquarters, the Riverside and Belmont Maintenance Garages, and the Animal Care and Control Facility. The building authority will own and operate the Criminal Justice Center, scheduled to open in 2022.
All projects financed by the authority are subject to the approval of the. The building authority is governed by a five-member board of directors. Two members are appointed by the mayor of Indianapolis, two by the City-County Council, and one by the Marion County commissioners. The members serve four-year terms without salary and may be reappointed.