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Prattville council approves up to $5 million sales-tax rebate for AJM LLC (Project Queen) amid public opposition
Summary
The Prattville City Council voted to authorize a tax rebate of up to $5 million for AJM LLC (referred to as Project Queen/Rural King). Public commenters questioned whether a large national retailer needs incentives and raised concerns about the public notice naming multiple entities.
The Prattville City Council on Tuesday adopted a resolution authorizing a sales-tax rebate of up to $5,000,000 for AJM LLC in connection with a development identified in city documents as Project Queen. The rebate will accrue until the $5 million has been rebated in full or until 11 years have passed, whichever comes first.
Why this matters: The rebate was approved after a public hearing in which residents urged the council to reconsider providing a large incentive to a national retailer while local businesses remain. The vote concluded the public hearing and placed the rebate under the authority granted in the resolution adopted by the council.
Council action and legal basis: The resolution (introduced and moved by Councilor Strutchett) cites amendment 772 to the Constitution of Alabama (1901) as the authority…
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