MONTGOMERY, Ala. (AP) - A state commission has taken action that
could clear the way for the state to sell the nearly 150-year-old
Bryce Hospital in Tuscaloosa to the University of Alabama.
The Amendment 666 Bond Commission voted Tuesday to authorize the
state Finance Department to sell up to $139 million in state bonds
for economic development.
The commission is headed by Gov. Bob Riley and includes acting
Finance Director Bill Newton, Revenue Commissioner Tim Russell,
Sen. Roger Bedford of Russellville and state Rep. John Knight of
Commission members did not say what projects might be funded
with the money. But Riley said later part of the funds could be
used to help fund the building of a new mental hospital if the
Bryce property is sold.
(Copyright 2009 by The Associated Press. All Rights Reserved.)