New Wharf deal inked, awaits Orange Beach council and circuit judge approval | al.com

New Wharf deal inked, awaits Orange Beach council and circuit judge approval | al.com: "ORANGE BEACH, Ala. -- Lawyers for the city and The Wharf's developers have completed the nearly year-long task of renegotiating their clients' 2004 revenue-sharing deal, which will enable AIG Baker to recoup as much as $32.5 million of the sales and lodgings tax the project generates over the next 15 years.

The 23-page agreement now awaits approval from the City Council and a Baldwin County Circuit judge before it can replace the 2004 deal that spurred The Wharf's development."