COMMUNITY CALENDAR: Ongoing and Upcoming Events, PAGE 4 Art in the Park PAGE 19-22 Newsies takes the stage The Islander PAGE 6-7 INSIDE MAY 2, 2018 | GulfCoastNewsToday.com | 75¢ Gulf Shores Gulf Shores makes financial seeks grant for changes at council meeting aviation park By CRYSTAL COLE we’ve met regularly and over short-term, low-interest rate improvements
[email protected] the last five or six years we have financing into a long-term debt,” used the low interest rate envi- Dyken said. “At the end of 2017, By CRYSTAL COLE Gulf Shores’ City Council ap- ronment to fund a lot of the proj- we felt the time was right with
[email protected] proved a measure which would ects we do in this community.” the prices we are able to get in So. Much. Summer convert some of the city’s short- In the last few years, he ex- the bond market to make that A walk-on amendment at The Wharf term credit to long-term debt. plained, interest rates have gone conversion.” at the City of Gulf Shores’ The Wharf will celebrate Councilman Jason Dyken, up several times and the trend He compared the short-term most recent city council seems to lean toward more rate funding to home-equity lines of the season with its So. Chairman of the Finance Com- meeting aims to procure mittee, said the city has taken increases. credit or credit cards, saying the funding to finish roadway Much. Summer. campaign an aggressive approach to its “We, the finance committee, city has always payed off the in- connections to the Busi- beginning Friday, May finances since 2008.