Showing posts with label approves. Show all posts
Showing posts with label approves. Show all posts

Thursday, November 11, 2010

Vestavia Hills City Council approves budget with 5 percent merit raises

Published: Monday, November 08, 2010, 7:20 PM ??? Updated: Monday, November 08, 2010, 7:22 PM

The Vestavia Hills City Council tonight approved a $29.6 million 2010-11 operating budget which includes a 5 percent merit raise for qualified city employees.

The increase will cost the city about $245,000 annually.

The merit raise was excluded from previous versions of the budget because council members were concerned the city couldn't afford raises in an economic recession that has hurt city revenues.

At a council meeting last month, city firefighters urged the council to find ways to fund merit raises.

About 150 city employees qualify for merit raises, which are given to employees certified by Jefferson County Personnel Board who have not reached the top of their pay grade.

Council members told firefighters in October if the 2010-11 budget included merit raises, the city would have to cut jobs.

Mayor Alberto "Butch" Zaragoza, the city's former fire chief, consulted with department heads about unfilled positions.

Department heads of police, fire and parks and recreation found positions which were unfilled and, in the case of parks and recreation, found positions which were budgeted for more than was actually spent.

"We had been budgeting lifeguards for 40 hours," Zaragoza said. "We did a three-year analysis and found out they were working about 16 hours so we were able to" find some savings there.

Zaragoza sought several times throughout the budget process to fund the merit raises.

"We need to recognize our employees," the mayor said. "They're the backbone of our city. They make everything run."

Council President Mary Lee Rice said she found the mayor's recommendation a "viable proposal."

Ryan Farrell, a firefighter, thanked the council and mayor for funding merit raises.

"This is going to make a difference in Vestavia in the future," he said. "We have good folks here, and I want to keep them here just like you do."

The city budget anticipates about $29.4 million in revenues, which won't be enough to cover projected expenses. The city will transfer about $173,000 from operating reserves to balance the budget.

The budget runs from Sept. 30 through Oct. 1.

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Tuesday, November 9, 2010

FAA approves use of $62 million toward Birmingham-Shuttlesworth airport renovations

Published: Sunday, November 07, 2010, 8:59 PM ??? Updated: Sunday, November 07, 2010, 9:05 PM

The Federal Aviation Administration has approved the use of $62 million to be put toward renovations at Birmingham-Shuttlesworth International Airport. No additional fees will be added to passenger tickets, said Toni Herrera-Bast, Birmingham Airport Authority spokeswoman.

Although the FAA's decision allows for allocating the funds, they will be collected over time, Herrera-Bast said. She said the funds are collected through current passenger facility charges, set at $4.50 per ticket. The renovation, called the "Terminal Modernization Project," will include an expanded baggage claim area, more concessions inside the security checkpoint and a sit-down restaurant.

The majority of airlines operating out of Birmingham-Shuttlesworth were supportive of the funds' allocation, according to the airport.

"Our airline partners' support and cooperation has been valuable throughout this process," Al Denson, president and chief executive officer of the Birmingham Airport Authority, said in a statement. "They recognize our intention to remain a viable and competitive airport in our market."

Construction on the approximate $200 million renovation project is expected to begin early next year, Herrera-Bast said.

The Department of Homeland Security awarded a $14.3 million grant to the BAA earlier this year, which also will be used for the renovation.

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Wednesday, November 3, 2010

Hoover City Council approves refinancing $56.4 million in debt

Published: Monday, November 01, 2010, 8:16 PM ??? Updated: Monday, November 01, 2010, 8:19 PM

The Hoover City Council on Monday night approved the city's refinancing $56.4 million in debt.

The City Council in September voted to give approval to begin the process to refinance about two-thirds of its existing $84.4 million of debt, some of which dates to 1993. The bonds went to market Oct. 20.

The city, which had its debt rating upgraded from Aa2 to the second-highest rating of Aa1 by Moody's Investors Service, now has an interest rate of 2.74 percent, officials have said. The refinancing saved the city $3.6 million. The city is not adding new debt or extending the term of its debt.

Councilman Gene Smith applauded city leaders and staff for the city's strong financial position with the debt rating upgrade in the current tough economic times and also the quick sale of the bonds in under an hour.

"I think the city of Hoover has weathered the economic issues a lot better than many," Smith said.

The city is expects the official closing on the sale Thursday.

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Thursday, October 28, 2010

Birmingham City Council approves financing for the baseball stadium, raises the accommodation fee

Published: Wednesday, October 27, 2010, 7 H 50

The municipal Council of Birmingham Tuesday overwhelmingly approved funding for a downtown baseball stadium moving Mayor William Bell said sets the Foundation for the arena and a new neighborhood, it will be an anchor.

The Council voted 8-1 for an order that triggers a housing of the city of 3.5 percentage points to finance the planned railway Park fee. Roderick Royal Council Chair vote alone against the plan.

Bell is to negotiate with the owners of the Birmingham barons Hoover back to Birmingham. Barons regions Park lease expires in December.

"It gives the city a sense of momentum," Bell says of the project."We have not acted like a large city we are, and it is more than time that we act as a large city." He took the step by step and we now has a very important step, but not the last step. ?

Stan Logan, Associate Director General, barons said Tuesday afternoon that he would set up a follow-up meeting with Bell.

"We've already discussed our interest but wanted to go too far, until funding makes it possible," says Logan. "" ""Now is the time to say, ' is this really work for you, guys? It works for us?"This is a process that we will work on in the coming weeks.?

Increasing taxes, go into effect on January 15, 6.5% of Birmingham accommodation fee and increase tax total accommodation in the town of 17.5%, including State, city and County taxes.

Stage is only built if barons or other suitable tenants agree agreement .the ' facility should take two years to complete, if no agreement is reached on 30 September 2011, the tax increase will be repealed by January 2012, in accordance with the order.

Councillor Steven Hoyt called part of "the new flavor in Birmingham" stage which increases tax the city base to support the services of the city and added amenities. ""Congratulations to the new flavour", he said.

The other members of the Board have expressed similar sentiments.

"I'm looking at Birmingham to become a place of destination rather than to be a location on the map on the way,", said Ms. Lashunda balance.

In voting, Royal said that Bell had not provided sufficient information to apply for the tax increase.Royal said more details on the economic impact and final project costs are incomplètes.Il recently described Bell answers to a list of questions that Royal presented as "gobbledygook."

"We must look at development autour it and if the numbers work," Royal said Tuesday."I'm taste, but I am also the responsibility and accountability."We must vote my conscience, and we did not carefully verify the project, explains my conscience.

A companion baseball Museum highlighting the Negro League Rickwood field players and possibly those of the League of the South is included in the draft stage.

Before the vote, David Silverstein, an entity with the properties of Bayer, spoke in favour of projet.Silverstein, which the company developed at the Summit on 280 u.s. and plans to redevelop downtown Pizitz Building, said that stage adds activity positive.Il downtown has cited the Parc de chemin de Fer et Pizitz project his company examples.

"Park baseball side rail Park not only reinforce this region, but how big an anchor on the side of the UAB" said Silverstein. "I know that these times are difficult, but we are very lucky in the city of Birmingham.?

Royal pointed out later comments Silverstein, saying that while the business community had submitted the draft plans so far involve city foot the entire Bill and take all the risques.Royal said it is misleading to say that only foreigners would pay for project through taxes accommodation, because the total cost of the project, including any incentive is unknown, and total debt remains the responsibility of the city.

A report commissioned by the real estate company, a potential developer stage, shows the installation in a section bounded by 14th Street South and 12th Street South, second avenue South and avenue de Morris.Le site is directly at 14th Street Railway Park.

According to recent estimates, stage would cost $ 39 million to 48 million dollars.Bell stated cost of the land is estimated at 7 million to 10 million dollars.Responsables city, said Monday that the value of the desired Park location is 4 million.

While the city wants to build the Stadium on the site of two blocks of the Park, Bell confirmed that there are other locations, including the former property of Trinity Steel Titusville.

Bell "has the same point of view of downtown, you should in any location over the other side of the highway, and it does not have access under the highway to make this connection between the Park railway and the Trinity site itself," said. ""It is important that we have many properties, because we do not want to identify a location and a place only in terms of property acquisition".

The former Trinity site belongs to the city and Jefferson County economic development authority.

Bell also briefly mentioned master of the city for the district of Parkside, a region which extends South Titusville area redevelopment plan.

Mayor said the city would recruit developers or encourage owners to join a plan that includes multi-purpose residential, retail space and restaurant.Version Parkside city is greater than that described in the private report prepared.

To join the conversation by clicking comment or by email at Bryant at jbryant@bhamnews.com.

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