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No clear view on Alabama prison construction project as deadline comes and goes


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Gov. Kay Ivey plans to meet with legislative leaders this week to discuss options for prison construction, after the state passed a deadline to close on three new men s prisons.
The Department of Corrections and two private entities were supposed to close on the construction of three new men s facilities on June 1, under a contract signed earlier this year. The state would lease the new facilities from the companies. 
Ivey said in a statement Wednesday morning that she would discuss the complexity of the process with House and Senate leaders, and explore additional/alternative options to fund the construction and maintenance of new prison facilities.   ....

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Alabama Gov. Kay Ivey says lease plan for prisons no longer an option


Alabama Gov. Kay Ivey says lease plan for prisons no longer an option
AL.com
15 mins ago
Mike Cason, al.com
Gov. Kay Ivey said today she would meet with legislative leaders to look for new ways to build prisons after a key deadline passed in her plan to lease privately owned prisons.
At an event kicking off her reelection campaign in Montgomery, the governor said the lease plan is no longer an option.
Ivey signed leases in February for two new men’s prisons that a developer team led by CoreCivic would build in Elmore and Escambia counties. The Alabama Department of Corrections would lease, staff, and operate the prisons under the plan, which has been in the works for more than two years. ....

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Alabama state prison plan dead Governor Kay Ivey exploring options


Updated: 12:06 PM CDT Jun 2, 2021
WVTM 13 Digital
Alabama Governor Kay Ivey said Wednesday she is committed to addressing the state s troubled correctional system after the unraveling of her $3 billion plan to build and lease new private prisons. This comes after a June 1 deadline for investors to opt into the prison lease plan came and went without any takers. Ivey has said new prisons are a crucial step to overhauling the state s troubled and aging prison system. The governor said she plans to meet with legislators in the coming days to discuss options that remain on the table. In February, she signed 30-year lease agreements for two new mega prisons for men, but the deal fell apart as investment banks underwriting the financing began backing out one by one.Critics have said the plan is unnecessarily expensive and doesn t address critical issues of training, violence and understaffing. State Auditor Jim Zeigler said, The prison lease plan is dea ....

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Gov. Kay Ivey's prison lease plan faces key financing deadline today


Gov. Kay Ivey’s prison lease plan faces key financing deadline today
AL.com
1 hr ago
Mike Cason, al.com
© Julie Bennett/AL.com./Julie Bennett/AL.com.
A dorm at Limestone Correctional Facility in Harvest, Ala., is shown in April 2016 holding 300 prisoners.
Today is a key date in Gov. Kay Ivey’s plan to lease new men’s prisons that would be financed and built by private developers, a plan the governor and the Alabama Department of Corrections have worked on for more than two years.
Ivey signed leases for two new men’s prisons in February. The prisons would be built in Elmore and Escambia County. The leases say June 1 is the “financial close” date. ....

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