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City approves $660K bond for Birmingham Parking Authority

Consent Parks & Culture
$660,000 , Orange tier ($250,000 to $1 million)

Birmingham Parking Authority will borrow $660,000 at up to 6% interest. The city is responsible for repayment; costs may eventually flow to parkers or taxpayers.

Counterparty: Birmingham Parking Authority Funding source: Bond Action type: Resolution
passed 8–0
adopted · consent Read minutes ↗
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