CONSENT ITEM 13.
A Resolution authorizing the Acting City Attorney to request an official State of Alabama Attorney General Opinion to determine whether the applicable sections of the Code of Alabama prohibit the awarding by the City of financial ass
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.