ITEM 39.
A Resolution approving and authorizing the Mayor to execute a Project Agreement between the City of Birmingham and J&L Properties, LLC, under which the City and J&L Properties will agree to restructure an existing mortgage loan on property owned b
Sep 29, 2015
under reviewContracts & Procurement
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Public Works would secure routine materials (crushed stone, riprap, sand) at competitive bid prices for road maintenance and infrastructure work over the next year.
Would secure janitorial services at the Negro Southern League Museum and A.G. Gaston Motel for three years through a competitively bid contract with the lowest-responsive bidder.
If approved, Baldwin Properties would redevelop a vacant or underutilized structure into residential and commercial space, creating an estimated 25–30 jobs and generating ~$492K in annual revenue. The City would provide up to $300K in forgivable loan support.