Ordinance No. 2025-23Adopted

Hotel Fortuna project funding

This ordinance lets Daphne issue up to 8 million dollars for The Fortuna Hotel project. It sets rules for the project money, payments, and taxes used to repay it.

Budget and Finance, topic: Confident Economic Development, topic: Low confidence

What happened, and when

Dec 1, 2025
Before 6:00 PM
Put on the agenda
Listed on the City Council agenda for first reading. The agenda packet has 53 pages about it.
Agenda Agenda packet · pp. 55–107
Dec 15, 2025
Before 6:00 PM
Put on the agenda
Listed on the City Council agenda for first reading. The agenda packet has 32 pages about it.
Agenda Agenda packet · pp. 23–54
Jan 5, 2026
Before 6:00 PM

Put on the agenda

Listed on the City Council agenda for final reading. The agenda packet has 32 pages about it.

Agenda Agenda packet · pp. 47–78

Jan 5, 2026

6:00 PM meeting

Motion vote · Passed

Confident

7 yes0 no0 absent

Moved by Joel Coleman, seconded by Stephanie Messinger.

CITY COUNCIL Minutes - January 5, 2026 · p. 4