County releases Graymont School deed restriction with safeguards
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Description
Jefferson County approved an agreement with the City of Birmingham to release a reversionary deed restriction on the former Graymont School property, enabling a major housing redevelopment. If the City ceases public ownership or use of the property before April 22, 2032, it must pay the County $790,000 in liquidated damages.
Contract Details
Contract Amount
$150,000.00 purchase price; potential $790,000.00 liquidated damages payment if conditions not met
Vendor
CITY OF BIRMINGHAM
Agency
Eastern Valley Fire District, AL
Contract Type
OTHER
Document Date
April 23, 2026
Contract Term
Deed restriction release obligation through April 22, 2032
Renewal Date
2032-04-22
Renewal Info
Agreement obligations run until April 22, 2032, when the City’s liquidated-damages obligation expires; no renewals.
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More from Eastern Valley Fire District
Jefferson County Commission Meeting Minutes April 23 2026
Jefferson County Commission Meeting Minutes April 23 2026
Jefferson County Commission Meeting Minutes April 23 2026
Jefferson County Commission Meeting Minutes April 23 2026
Jefferson County Commission Meeting Minutes April 23 2026
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