Adidas Originals Shoes Blue

Our intention is that the facility will be an additional benefit for residents and an economic stimulator for the business community through contracted rentals, events and civic activities.

Buying Wharf could be a boost for Orange Beach

Adidas Originals Shoes Blue

The 27,000 square foot facility was appraised at $3.4 million in May 2010.

Some people are wondering why a tax increase was on the table last year when the city is now in the position to purchase a new property. The city financial situation has changed drastically since June 2010.

1) Increase the reserve funds.

But let me make this clear: The unreserved surplus is because of our commitment to operate the city in an efficient manner and to cut costs at every opportunity. Through these efforts, the city has accumulated close to $6 million in surplus unreserved funds.

million in the Sewer Disaster Reserve and $8 million in the General Fund Disaster Reserve.

Adidas Originals Shoes Blue

Adidas Originals Shoes Blue

There will be no tax increase to purchase the civic center.

Adidas Originals Shoes Blue

It is our goal to purchase an amenity that will operate at a break even level and will not become a burden on the taxpayers.

2) Pay off short term Adidas Neo Baseline Original

Adidas Originals Shoes Blue

The estimated savings on interest are calculated at $100,000 per year to the city $20.5 million annual budget. This is still a very minimal level of return.

Now that the city is in the position of having a surplus of unreserved funds, and since we have decided that we do not want the money going into the general fund to subsidize daily operating costs, the city has three options:

Adidas Originals Shoes Blue

BP had reimbursed essentially nothing at that point, and Adidas Originals Trainers Red

debt.

Adidas Originals Shoes Blue

Like the rest of the Gulf Coast, at the start of summer 2010 we were suffering from the economic crisis created by the oil spill, which was expected to be catastrophic in nature. As a result, the city of Orange Beach estimated a possible $4 million to $8 million deficit for 2010.

Adidas Originals Shoes Blue

However, since that time, through negotiations, the city received reimbursement for substantial personnel response costs as well as lost revenues for 2010, which brought the city budget back up to expected levels. We continue to negotiate aggressively with BP on revenue and recovery.

Adidas Originals Shoes Blue

Adidas Originals Shoes Blue

With interest currently being offered at less than 0.5 percent, there is little return in this option Adidas Originals Shoes Blue as an investment. The city currently has $6.5 Adidas Originals Rose Gold Shoes

there were no guarantees that it would ever pay anything.

Adidas Originals Shoes Blue

Air Max Thea Black And White Womens
Nike Thea Joli Gold
Adidas Originals Shoes With Wings

Adidas Primeknit 2.0 Boost Review

Nike Air Max Thea Girls
Adidas Neo 3 Shoes

Mens Red Adidas Originals

Adidas Neo Lite Racer Merlot

Adidas Neo Baseline White Black

Adidas Originals White Green

Adidas Neo Mens Trainers

Air Max Thea Pink And White
Adidas Neo Cloudfoam Race

Adidas Los Angeles Navy Blue

Air Max Tavas Black Price

Home / Adidas Originals Shoes Blue