ITHACA, N.Y. — A man was indicted Thursday after police say he intended to sell heroin and cocaine in the city of Ithaca.

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William J. Prescott, 55, is charged with three felonies for third-degree criminal possession of a controlled substance with intent to sell and two misdemeanor counts of seventh-degree criminal possession of a controlled substance.

William J. Prescott

According to court documents, the five counts of the indictment are from two separate incidents that happened late last year.

On Nov. 3, police say they found Prescott with heroin and crack cocaine, which he is accused of intending to sell, court documents show.

A few weeks later on Dec. 17, police, with a search warrant, raided a residence on the 100 block of Chestnut Street.In the home, officials said they found heroin, cocaine, marijuana, measuring and packaging paraphernalia, and a small amount of U.S. currency.

Related: Ithaca police find heroin, cocaine, cash during drug bust

Indictment paperwork release Thursday shows that in addition to being accused of intending to sell drugs, Prescott was also in possession of pills of Hydrocodone and Acetaminophen — both pain reducers.

Prescott was initially remanded to the Tompkins County Jail in lieu of $7,500 cash bail or $15,000 property bond. A representative from the Tompkins County Jail said Thursday morning that Prescott is not longer in custody.

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Jolene Almendarez

Jolene Almendarez is Managing Editor at The Ithaca Voice. She can be reached at jalmendarez@ithacavoice.com; you can learn more about her at the links in the top right of this box.