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Fairhope council approves multiple infrastructure contracts and financing steps, including $14M pipeline grant application and a $30M short-term warrant
Summary
Council approved staff requests to pursue a $14 million PHMSA pipeline grant, awarded a $1.89 million contract for a FEMA-funded hurricane safe room, authorized design and CE&I contracts for sidewalks, and approved a term sheet to extend and increase short-term financing to $30 million while the city prepares longer-term bonds.
At its April 13 meeting the Fairhope City Council approved a package of infrastructure, grant and financing steps intended to complete utility replacements, sidewalk improvements and an emergency safe room.
Utility staff asked for and received authorization to apply for a U.S. Department of Transportation / PHMSA pipeline safety and modernization grant to fund remaining cast-iron replacement phases. "This is just for you to give us an opportunity to go out…
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