Item #24-582
Parks and Recreation Board Meeting- Special Called
Council authorizes economic development agreement with Altera AIP-Vestavia
The city is entering a development partnership with Altera AIP-Vestavia, which may bring new investment, jobs, or tax revenue to Vestavia Hills. Details of the agreement—including incentives, timeline, and development scope—will shape the project's community impact.
Counterparty:
Altera AIP-Vestavia, LLC
Funding source:
Unknown
Action type:
Resolution