1. Prattville GAP 772 Notice (PH 1 and Agenda 1) for Public PortalExhibit A
06688754.2
LEGAL NOTICE
OF
REGULAR MEETING
AND ECONOMIC DEVELOPMENT ACTION
OF
PRATTVILLE CITY COUNCIL
ON JANUARY 17, 2023
Notice is hereby given that the City Council (the "City Council") of the City of
Prattville, Alabama (the "City") will meet in public session at 6:00 p.m. on Tuesday, January
17, 2023 in the Council Chamber at City Hall at 101 West Main Street in the City of
Prattville, Alabama for the purpose of considering the transaction of business that may
properly come before the City Council, such business to include, but not be limited to, the
consideration by the City Council of a resolution (the "Authorizing Resolution") approving
the execution and delivery of that certain Development Agreement (the “Agreement”) to be
dated the date of delivery among the City, Graham Packaging Company, L.P., a Delaware
limited partnership (“Graham”), and Old World Industries, LLC, an Illinois limited liability
company (“OWI”). If approved, the Agreement will be executed and delivered pursuant to the
Constitution and laws of the State of Alabama, including, without limitation, Amendment
No. 772 of the Constitution of Alabama of 1901, as amended.
Pursuant to the terms of the Agreement, the City would agree to provide Graham
with an amount up to but not to exceed $150,000 as consideration for the renovation and
expansion of an existing vacant manufacturing facility within the corporate limits of the
City. The proceeds of the proposed cash incentives would be used to reimburse Graham for
certain infrastructure improvements required to make the proposed facility operable for
Graham’s purposes.
The City has determined that the development of the Project will create additional
jobs and advance the economic base of the City and the prosperity and welfare of the citizens
and taxpayers of the City.
The business entities to whom or for whose benefit the City proposes to lend its credit
or grant public funds or thing of value are Graham and OWI.
All interested persons may examine and review the Agreement, the Authorizing
Resolution and all relevant documents, and make copies thereof at personal expense, at the
office of the City Clerk during normal business hours, before and after the meeting
referenced herein.
Further information concerning the information in this notice can be obtained from
the office of the City Clerk during normal business hours.
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