Source: whnt.com --- Monday, February 26, 2018
MADISON, Ala. - Monday, the Madison City Council took another series of steps forward for the Baseball stadium project at Town Madison as negotiation continues between the city and its partners. "We're continuing to move forward in a positive manner in a timeline we've laid out," said Tommy Overcash, Madison City Council President. The moves the council made push the project forward, but don't signify any done deal just yet. The council approved warrant validation for the multi-use venue financing and authorized the mayor to enter into a property donation agreement with the developer. They tabled a funding agreement with the Town Madison Cooperative District because attorneys say it isn't ready yet, The council did push forward authorization for the mayor to enter into a development agreement with BallCorps, LLC. But that series of votes brought out disagreement at the dais. Some council members questioned whether votes were being taken too soon. "I do support Baseball. I want it to be here. I'm ok with the financing. The numbers do work from what I've seen," said Teddy Powell, a council member. "But we need some help from other partners in that, and until that commitment is made I'm not willing to go forward with that. There's three entities in that, and until everything is laid out and we have all the information, I've always said if I don't have all the information my vote is 'no.'" Powell voted against two of the measures on ...
from Baseball http://ift.tt/2GQ9FTL
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