Gardendale council renews line of credit

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June 6, 2012

Gardendale council renews line of credit

By Melanie Patterson North Jefferson News The North Jefferson News Wed Jun 06, 2012, 10:58 AM CDT

The city of Gardendale on Monday renewed a line of credit associated with the city’s capital building projects.

The line of credit was originally approved last year for $3.5 million with Regions Bank.

Gardendale City Council Finance Chairman Alvin Currington said the line of credit is not a traditional loan, but is rather an account from which the city will draw funds when it starts the proposed city center and other possible projects.

“As we receive invoices from contractors ... it allows us to go and make a draw off of that,” he said. He said paying for projects from a single account will allow the city to “have a clear, definitive” idea of what was spent.

“It’s just a real solid mechanism to get us from the construction phase” to the finished product,” Currington said.

Mayor Othell Phillips said the city has not yet drawn on the line of credit.

In other business, the council:

• authorized a sales tax holiday in the city in August. The event starts at 12:0 1a.m. on Aug. 3 and ends at midnight on Aug. 5. Stores will not charge city sales taxes on certain items, such as clothing, school supplies, some electronics and other items during the tax holiday. The purpose is to help families save money as they are buying back-to-school supplies.

• accepted a bid from Gardendale Cleaners for cleaning officer uniforms, and a bid from Aramark Uniform Services for jail laundry linen services

• authorized a new street light on Quail Ridge Road

• voted to cut the grass at a property on Virginia Street and assess the charges back to the owner, due to a violation of the city’s weed ordinance

• heard from a city resident about Phillips Drive; he wants the road to be closed since a new Dollar General store is being built nearby. The city council will announce a date for a public hearing regarding the matter. Mayor Phillips said residents have signed petitions both for and against having the road permanently closed.

The next regular city council is June 18, 6 p.m., at Gardendale City Hall.

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Gardendale council renews line of credit

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