The Irondale City Council Finance Committee has scheduled a meeting for Monday, December 7, 2015 at 5:30 p.m. toåÊ discuss the proposed Mercedes-Benz USA, Irondale based dealership.åÊ
Key topics to be discussed (based on open items from the December 1, 2015 City Council meeting)åÊinclude:
- Clarify total estimatedåÊcost toåÊIrondale for this project (Estimated $9 Million based on 12/1/2015 council meeting supporting documents).
- Determine the total impact of city offered incentives including;åÊcity’s debt obligation, cost to consultants and professionalsåÊand anticipated Return On Investment
- Understand detailsåÊofåÊany proposed development agreement and/or Memorandum of Understanding (MOU) for the project.
- Clearly defineåÊcity’s scope of work and project next steps
The meeting will be held at the Irondale City Hall 101 20th Street South, Irondale AL 35210.åÊ Finance Committee Chair, Craig Sanderson will preside of the meeting.