A’ville City Council approves plans for 3 economic development projects | New

Albertville City Council on Monday evening approved the passage of three ordinances intended to authorize the issuance of general obligation warrants for future economic development projects.

The first discussion order related to the purchase of a building from BAE Systems at the Albertville airport. The second project would be to upgrade the park and amphitheater at Sand Mountain, including a new multipurpose building. The final ordinance approved the issuance of general obligation warrants to refinance existing debts within the city.

City investment banker David Langham previously said state economic development laws allow cities to borrow for economic purposes without affecting their status as borrowers in other areas.

Earlier in the meeting, City Council approved liquor licenses for Beef O’Brady’s Albertville, Fairfield Inn by Marriott and TJ’s Hotwings. The Alcohol Review Committee voted unanimously to recommend licensing of both Beef O’Brady’s Albertville and Fairfield Inn by Marriott. The council also approved a license for JWs.

The next city council meeting will be held on the second Monday of the month, July 11, instead of the first Monday on Independence Day.

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