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Bay Minette council unanimously approves $5 million taxable general obligation warrant
Summary
The Bay Minette City Council unanimously approved Ordinance 1011 on Aug. 15, 2022, authorizing issuance of a $5,000,000 taxable Alabama general obligation warrant after suspending rules for immediate consideration; the suspension and final vote were both unanimous.
The Bay Minette City Council unanimously approved Ordinance 1011 on Aug. 15, 2022, authorizing the issuance of a $5,000,000 City of Bay Minette Taxable Alabama General Obligation Warrant, 2022. Mayor Robert A. Wills called for immediate consideration after councilmembers voted to suspend the rules.
Councilmember Mike Phillips moved to suspend the rules for immediate consideration; Councilmember Shannon Clemmons seconded. The suspension carried with unanimous consent from Mayor Wills and councilmembers Pete Sellers, Mike Phillips, Matt Franklin, William Taylor and Shannon Clemmons.
Following suspension, Councilmember Phillips moved to approve Ordinance 1011 and Councilmember Sellers seconded. The ordinance passed by unanimous vote. The ordinance text in the meeting transcript authorizes issuance of the warrant; the transcript does not specify the use or disposition of proceeds.
The council’s action completes the adoptive vote recorded in the meeting minutes; no subsequent procedural steps or dates for bond sale were provided in the transcript. The meeting adjourned later that evening.
