Legal Notice
LEGAL NOTICE OF PROPOSED
ECONOMIC
DEVELOPMENT ACTION AND
RELATED PUBLIC EXPENDITURES BY WINSTON COUNTY, ALABAMA
Winston County, Alabama (the “County”) gives notice that the governing body of the County will meet in public session at 9:00 a.m. on Monday, August 10, 2020 at the offices of the Winston County Commission in the Winston County Courthouse in the Town of Double Springs, Alabama, for the purpose of considering such matters as may properly come before the governing body, to include (without limitation) the authorization by the County pursuant to Amendment No. 772 of the Constitution of Alabama of 1901, as amended (“Amendment No. 772”) of the terms, validation, delivery and performance of that certain Economic Development Agreement among The Industrial Development Authority of Winston County, Alabama (the “Authority”), the County, and the Town of Lynn, Alabama, with respect to the economic development project referenced therein (“Project”).
The Project will be located within the corporate limits of the Town of Lynn, Alabama, and will be operated by Hamilton Property Group, LLC, Hamilton Home Builders, LLC, and Winston Housing Group, LLC, affiliate enterprises, collectively referred to as the “Company,” for the manufacture, assembly, and storing of manufactured housing and related products.
Pursuant to Amendment No. 772 and the Agreement, the County will make available to the Authority, when and as directed by the Authority, public funds of the County in an aggregate amount not exceeding $50,000 (Fifty Thousand Dollars), or an equivalent or greater value in contributions of labor and materials, for the acquisition and construction of infrastructure for the Project consisting of the clearing, grading, resurfacing, drainage, fencing, and expansion including road and pedestrian access of employee parking facilities and the storage of manufactured housing and related products (the “Infrastructure Improvements”). The County expects the Infrastructure Improvements will be completed and placed in service by January 31, 2021.
The County has determined that the contributions of the County for the Infrastructure Improvements will promote the economic development of the County, increase employment in the County, further utilize the skills of the labor force of the County, provide stabilization of wages in the County, and increase the revenue base of the County.
The persons for whose benefit the County proposes to grant public funds and things of value are the Company and the Authority.
All interested persons may examine and review the Agreement and all relevant proceedings pertaining thereto, and make copies thereof at personal expense, and obtain further information about the matters addressed in this notice, at the offices of the governing body of the County during normal business hours, before and after the meeting referenced herein.
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