The City Council approved the nearly $13 million project in a 6-2 vote during a meeting Thursday evening.
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City council members disagree on how and if the money should be spent on owning a building.
The estimated $12 million project would be across the street from the department's current location, at Scribner Drive and West Spring Street.
One of the suspects remains on the loose.
Police are investigating after a man was found with fatal injures Thursday night.
"All parties involved in the incident were present at the scene and no threat to public safety exists."
It's not clear if the weapons and equipment has been recovered.
Police believe all parties are accounted for and there are no remaining threats to public safety.
Officers found a male and female dead in the time once they arrived.
New Albany Police are investigating after a fatal crash on Grant Line Road Saturday morning.