Please enable JavaScript.
Coggle requires JavaScript to display documents.
City of Orange Beach (Ind. Auth. (LGC Equity (WP Land LLC. ($___mm,…
City of Orange Beach
Ind. Auth.
= 200mm in bonds
Repayment
Resolution Approved
2% of Sales Tax
1.5% of HOT Tax
Agreed to by Mayor and Majority of Council
50% of Prop. Tax
1.5% of Sales
LGC Equity
40 Year Bonds
Own & Build Waterpark
Dev. Fee
1% to Pres.
3% to Bama Dev.
WP Land LLC.
$___mm
Prepaid rent of $___
100% of NCF of Water Park
Country / State