Orange Beach, AIG Baker renegotiating Wharf revenue sharing deal - Breaking News from the Press-Register - al.com

Orange Beach, AIG Baker renegotiating Wharf revenue sharing deal - Breaking News from the Press-Register - al.com: "ORANGE BEACH, Ala. -- Municipal lawyers are renegotiating a 2004 revenue-sharing deal with developers of The Wharf in an attempt to relieve the city of the burden of taking over roads and sewers at the 215-acre mixed-use project.

As such, the City Council last week voted unanimously to extend the deadline for the deal's closing date to Dec. 31. In June, the council had extended the deadline to Oct. 1."