Bama Bayou to sell bonds in hopes of finishing its Gulf World Marine Park

ORANGE BEACH -- Bama Bayou's developers will be able to sell $5 million worth of bonds to help finance completion of their Gulf World Marine Park through an improvement district that was created by the City Council on Tuesday.

The council voted unanimously to establish the district on a portion of Bama Bayou's 144 acres. Improvement district status will also allow the developers to skirt some sales taxes on materials they need to build things like roads, street lights and sewers, which the bonds will finance.

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