Fairhope Financial Advisory Committee to meet Jan. 24

Staff Report
Posted 1/16/11

FAIRHOPE, Ala. - The City of Fairhope Financial Advisory Committee will meet Monday, Jan. 24, at 4:45 p.m. in the City Council Chambers, 161 N. Section St. The agenda includes:

• The Approval of Minutes for Dec. 27, 2010

• A review of cost …

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Fairhope Financial Advisory Committee to meet Jan. 24

Posted

FAIRHOPE, Ala. - The City of Fairhope Financial Advisory Committee will meet Monday, Jan. 24, at 4:45 p.m. in the City Council Chambers, 161 N. Section St. The agenda includes:

• The Approval of Minutes for Dec. 27, 2010

• A review of cost reduction projects, as a follow-up from the May 17, 2010 City Council workshop.

• An assignment of project topics for 2011

• The discussion of proposed resolution that the City of Fairhope will pledge $175,000 ($35,000 per year for five years) to the Eastern Shore Chamber of Commerce Blueprint for a Better Tomorrow.

• The discussion of proposed resolution that the City of Fairhope will pledge $175,000 ($35,000 per year for five years beginning 2011 through 2015 in cash, not in-kind) to the Fairhope Booster Club as partial funding towards an expansion and remodel of the boys athletic facility (total cost $500,000); and resurfacing of the practice field (total cost $300,000); and addition of an outdoor track (total cost $300,000).

Regular meetings are on the 4th Monday of each month at 4:45 p.m. in the Delchamps Room at City Hall, 161 N. Section St. The xext regular meeting will be Monday, Feb. 28.