The Cullman County Commission voted to authorize payment to the Industrial Development Authority (IDA) to assist with infrastructure improvements for a special project in Fairview.
A county presenter said the IDA had already placed 3,000 of its own funds in reserves for the project and requested an additional 2,000 from the county to help bring utilities and infrastructure to the community. "This is a request on behalf of the Industrial Development Authority, for a special project, in Fairview, to assist with infrastructure improvements to bring the jacks to the very community. And the the industrial development party has already placed 3,000 of the funds that they already have in their reserves. And they're requesting the additional 2,000," the presenter said.
Why it matters: the payment would support site preparation and infrastructure that can enable economic development projects, according to the IDA request as described to the commission.
Details and vote: the commission moved, seconded and approved the payment by voice vote. The transcript does not include detailed project budgets, the identity of specific infrastructure items to be funded, or the exact dollar unit (the transcript lists the figures as 3,000 and 2,000); the authority's request and the commission's approval were recorded in summary.
Next steps: staff or the IDA will provide project-level documentation and invoicing; no further timeline or contract language was read into the meeting record.