CONSENT ITEM 12.
A Resolution, pursuant to Section 100 of the Constitution of the State of Alabama and the provisions of §2-3-27 of the General Code of the City of Birmingham, 1980, as amended, authorizing the City Attorney, upon her recommendation to s
May 18, 2021
ConsentLegal & Settlements
🏛Funding source:
Unknown
📋Action type:
Resolution
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If approved, would authorize $50 million in general obligation bonds to fund public school building projects. Bonds must be repaid by taxpayers over time.
If approved, would authorize up to $10 million in city-backed bonds to finance Culton Holdings' manufacturing and warehousing facility at 1811 Woodlands Industrial Drive. The project could bring industrial investment and jobs to Birmingham.
If approved, would cancel the city's $168,000 purchase of a vacant 7,000 sq. ft. lot at 1312 1st Avenue North from Music Center, LLC. The property would remain with the seller rather than becoming city-owned land.