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Moody Council approves development agreement with St. Clair County and TCG Crossroads Plaza
Summary
After a brief public hearing, the Moody City Council voted unanimously to approve a development agreement with St. Clair County and TCG Crossroads Plaza, LLC and authorized a certificate of indebtedness to evidence the city's obligations under the agreement.
The Moody City Council voted unanimously on Nov. 22, 2021, to enter into a Development Agreement with St. Clair County and TCG Crossroads Plaza, LLC following a short public hearing at 6:00 p.m. Mayor Joe Lee opened the hearing and James Hill reviewed the terms of the proposed agreement. Done Smith, listed in the minutes as representing the EDC, expressed support for the project.
The council approved Resolution R2021-11-22 to authorize the city to enter the Development Agreement. Council Member Matt Morris moved to suspend the rules; the motion was seconded by Council Member Nick Rutledge and the suspension passed by roll-call vote. Morris then moved to approve the resolution; Council Member Linda Crowe seconded and the resolution carried by unanimous vote.
Council also approved Resolution R2021-11-22A authorizing the city to issue a Certificate of Indebtedness evidencing its obligations under the development agreement. Council Member Lynn Taylor moved to suspend the rules on R2021-11-22A; Council Member Ellis Key seconded and the suspension passed. Council Member Nick Rutledge moved to approve the certificate authorization; Council Member Lynn Taylor seconded and the council voted unanimously to adopt the resolution.
The public hearing opened at 6:00 p.m. and closed at 6:03 p.m. The minutes record that staff reviewed the agreement and that local economic-development representation supported the project; no objections or additional public comments are recorded in the minutes.
What happens next: The minutes do not list subsequent implementation dates or further approvals required. The council-recorded actions authorize the mayor and staff to proceed consistent with the approved resolutions.
