Posted Oct 20, 2009, 2:41 PM
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Join Date: Dec 2007
Location: Montgomery (Old Cloverdale)
Posts: 586
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Bank Donates Historic Alabama Building
Noticed this in today's Montgomery Advertiser:
http://www.montgomeryadvertiser.com/...abama+building
Bank Donates Historic Alabama Building
The Associated Press • October 20, 2009
HUNTSVILLE — Regions Bank says it will donate its historic Courthouse Square branch in Huntsville to the city's Big Spring Partners downtown redevelopment group.
Ron Poteat, Regions' area president, says the company will close the 174-year-old bank on Jan. 29 and transfer all employees to the Holmes Avenue branch a few blocks away.
The building occupies the spot where the city's namesake, John Hunt, built his cabin in 1805.
Mayor Tommy Battle says the city plans to lease part of the building for its Community Development department. That agency now pays $9,500 a month to rent space in another building. Battle said he expects Big Spring Partners will give the city a better deal.
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