ITEM 24.
A Resolution authorizing the incorporation of The Birmingham - Jefferson County Port Authority under Chapter 94 of Title 11 of the Code of Alabama (1975) and the election of directors of the Authority. (Rec
the Acting City Attorney·May 24, 2016
under reviewLegal & Settlements
We couldn't match a specific vote to this item in the minutes.
View full minutes ↗
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.