According to an article published by the Indianapolis Business Journal a developer is suing the city of Lebanon for more than $25 million, accusing its leaders of acting in bad faith and torpedoing plans for a technology park to instead focus efforts—and water capacity—on the LEAP Lebanon Innovation and Research District.
In a lawsuit filed last month in the U.S. District Court of Southern Indiana, South Carolina-based RealtyLink alleges the city prioritized the water needs of the Indiana Economic Development Corp.’s massive LEAP project over its Cedars of Lebanon tech park proposal, even after the city made commitments to the firm amid ongoing concerns about the city’s water constraints.
Other defendants include Mayor Matt Gentry, the Lebanon City Council, individual council members and Lebanon Municipal Utilities.
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