City Council Meeting Recap 5.1.18

Here’s the video from today’s meeting:

And here’s a recap of the items the City Council passed today:

Item 1

A Resolution setting a public hearing on Thursday, May 10, 2018 at 5:30 o’clock p.m., in the Council Chambers on the Mayor’s proposed budgets.

The date of the Public Hearing was changed. It will now be held on Monday, May 14th at 5:30pm in the Council Chambers

Each year, the Fiscal Year for the City of Birmingham ends on June 30th and begins on July 1st.

The Mayor of Birmingham is legally required to present a budget for the following Fiscal Year to the City Council on or before May 20th .

Before the City Council approves that budget, a public hearing is held to hear comments, questions, and concerns from citizens.

This year, the Public Hearing will be held on May 14th at 5:30pm in the Council Chambers on the 3rd Floor of City Hall.

To view the Mayor’s proposed Fiscal Year 2018–2019 Operating Budget, please visit:

For more information, please contact the Office of the City Council at 205.254.2294

Item 24

A Resolution authorizing the Mayor to execute an Agreement for Consulting Services with Create Birmingham, Inc. to provide professional services in attracting and developing film, television, commercial, music video and other media productions that will have a significant impact on the City’s local creative economy while raising Birmingham’s national profile as a dynamic and hospitable place to do business for a term of one year in an amount not to exceed $100,000.00

According to their website, the Film Birmingham initiative serves as the film office for the Greater Birmingham region. They are “on your team as a one-stop shop for incredible locations, a talented and enthusiastic crew base, across-the-spectrum resources, and incentive and permitting information.”

A qualified production company may be eligible to receive a rebate from the State of Alabama for a portion of the expenditures incurred for production activity. The amount of the rebate equals 25% of certain production expenses plus 35% of payroll paid to Alabama residents.

Create Birmingham’s 2014 Creative Industries Report:

For more information, please contact the Office of the City Council at 205.254.2294

Items 25 and 26

ITEM 25. A Resolution authorizing the Mayor to execute a Loan Credit Agreement with 1904 on 4th, LLC dba Lakeview Green, under which the City will provide a Birmingham Business Development Loan to Lakeview Green in an amount not to exceed $1,500,000.00 for a term of 24 months at an interest rate of 4.17% per annum. The loan will be secured by an Irrevocable Letter of Credit. The loan proceeds will be used in connection with a project that includes the redevelopment of the former Davis School site in the Lakeview community and the construction of a mixed-use development.

ITEM 26. A Resolution authorizing the Mayor to execute a Project Agreement with 1904 on 4th, LLC, under which 1904 on 4th, LLC will redevelop the former Davis School property located at 2901 4th Avenue South through a mixed-use retail and multi-family project involving site preparation work and the construction of new facilities of approximately 48,000 square feet of condominium space, 48,000 square feet of studio apartment space, and 38,000 square feet of restaurant and retail space, and the City will provide financial incentives to 1904 on 4th, LLC of up to $1,090,000.00, payable from future sales tax revenue generated by the project, in five annual installments, each not to exceed the lesser of $218,000.00 or 40% of the sales tax revenue generated to the City by the project tenants in the preceding fiscal year.

The Birmingham City Council approved financial incentives totaling more than $2.5 million for a forthcoming mixed-use development in the Lakeview District.

About $1.5 million of those incentives will come in the form of a Birmingham Business Development Loan to the developer of Lakeview Green. The term of the loan will be 24 months at an interest rate of 4.17 percent per year.

The project will also receive an abatement of future sales tax revenue of up to $1.09 million, payable in annual installments not to exceed the lesser of $218,000 or 40 percent of the sales tax revenue generated to the city by the development’s tenants.

To watch the Committee Meeting at which a presentation was made about this Project, please watch the video below starting at the 37:00 mark.

For more background information on this item, please read:

For more information, please contact the Office of the City Council at 205.254.2294

Item 27

A Resolution authorizing the Mayor to enter into a loan agreement with Antoinette Neely, d/b/a, Organically Yours, LLC, located at 7627 1st Avenue North, Birmingham, Alabama 35206 for a Community Development Block Grant (CDBG) Small Business Loan in the amount of $75,000.00 for a term of ten (10) years to provide financing for machinery & equipment and related soft costs. Loan is secure by machinery and equipment and personal loan guarantee.

This is the first such Community Development Block Grant Small Business Loan given by the City of Birmingham.

The Budget and Finance Committee Meeting at which the business and the loan were discussed can be found at the 4:30 mark of this video:

The Community Development Float Loan Short term financing through a City of Birmingham “FLOAT Loan” funded by HUD Community Development Block Grant provides low-interest financing for a maximum term of 30 months and is available primarily for City of Birmingham qualified projects. Loan terms average 18–24 months, with amounts ranging from $100,000 — $1,000,000. Eligible uses of CDBG funds include real estate acquisition, renovation and construction.

The City’s Office of Economic Development offers a number of other state and federal economic development financing programs including the following: SBA 504, SBA 7(a), and EDA Revolving Loans. For more information contact Irenio Johnson, Jr., at (205) 714–8668.

OED offers a number of state and federal economic development financing programs including the following: SBA 504, SBA 7(a), and EDA Revolving Loans. For more information contact Irenio Johnson, Jr., at (205) 714–8668.

  • SBA 504 Program offers long‑term, fixed asset financing to eligible small businesses (under 500 employees) for the acquisition, construction, expansion or renovation of land and buildings or purchase of long‑life equipment.
  • SBA 7a Program provides loan guarantees for commercial loans as well as direct loans to eligible small businesses. The proceeds may be used for debt consolidation, business acquisition, purchase of machinery or real estate, and leasehold improvements.
  • EDA Revolving Loan Fund Program provides direct loans for the purchase of land, buildings, machinery, equipment and new expansion. Limited to businesses located within the City of Birmingham.
  • Industrial Revenue Bond Financing is a special method of financing in which a municipal entity, such as the Birmingham Industrial Development Board, issues bonds to finance the acquisition of real property, construction or renovation of facilities, or the purchase of equipment and machinery for eligible businesses. IDB bonds may be taxable or tax‑exempt under certain circumstances.
  • Community Development Float Loan Short term financing through a City of Birmingham “FLOAT Loan” funded by HUD Community Development Block Grant provides low-interest financing for a maximum term of 30 months and is available primarily for City of Birmingham qualified projects. Loan terms average 18–24 months, with amounts ranging from $100,000 — $1,000,000. Eligible uses of CDBG funds include real estate acquisition, renovation and construction.

For more information, please contact the Office of the City Council at 205.254.2294

Full Agenda

Board Vacancies

Currently, there are vacancies on the Design Review Committee, which is charged with interpreting and enforcing design review guidelines that have been established for various historic and commercial revitalization districts in the city of Birmingham. Residents of Birmingham interested in serving should submit a one page letter of interest along with a résumé to: Councilor Steven W. Hoyt, City Hall/3rd Floor 710 North, 20th Street Birmingham, AL 35203. You can also email letters and résumés to steven.hoyt@birminghamal.gov

All 5 positions on the City’s Public Athletic, Cultural and Entertainment (PACE) Board are also vacant. The PACE Board oversees Regions Field and the Negro Southern League Museum. The Mayor appoints 3 members to the board and the City Council appoints 2 members. Applications are due by 5pm on Tuesday, May 15th and should be sent to valerie.abbott@birminghamal.gov

To find our more about qualifications for these positions, please call the Office of the Birmingham City Council at 205 254 2294

Upcoming Meetings

Thursday, May 3, 2018

3:00 p.m. — Joint Planning and Zoning Committee and Special Called Committee of the Whole Meeting — 5th Floor Conference Room-City Hall CANCELLED

Friday, May 4, 2018

3:00 p.m. — Joint Governmental Affairs and Public Information Committee and Special Called Committee of the Whole Meeting — Conference Rooms “D & E” CANCELLED

Monday, May 7, 2018

12:00 p.m. — Joint Special Called Parks and Recreation and Cultural Arts Committee and Special Called Committee of the Whole Meeting — City Council Chambers

4:00 p.m. — Joint Transportation, Special Called Economic Development Committee and Special Called Committee of the Whole Meeting — Conference Room “A”

Tuesday, May 8, 2018

9:00 a.m. — Pre-Council Meeting — City Council Chambers; 9:30 a.m. — Council Meeting — City Council Chambers

2:00 p.m. — Joint Public Improvements Committee and Special Called Committee of the Whole Meeting — Conference Room “A”

3:00 p.m. — Joint Economic Development Committee and Special Called Committee of the Whole Meeting — Conference Rooms “D & E” — CANCELLED

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