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Council refers WF Lakeview project assignment to committee after questions about incentives
Summary
Council referred an item that would assign city payment rights in a development agreement (originally authorizing up to $1.5 million in incentives) to the Economic Development and Tourism Committee after councilors pressed for clearer contract terms and developer presence.
The Birmingham City Council on Nov. 18 voted to refer to the Economic Development and Tourism Committee a proposed assignment and consent that would allow DG Fund 2 LLC to receive the city’s consent to an amended project agreement (originally authorizing up to $1,500,000 in incentives for a mixed-use project at 29th Street South and 7th Avenue South).
Councilors…
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