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Daily Archives: July 14, 2011

Pleasant surprise: Businesses unaware of MDES’ E-Verify service

Businesses unaware of MDES’ E-Verify service The business community had serious concerns back in 2008 when the Mississippi Employment Protection Act was signed into law. The legislation requires companies to use the E-Verify system to screen employees to ensure they are legal. Noncompliance means stiff, potentially business-killing penalties. Now, the business community seems largely unaware — and pleasantly surprised — ...

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Fitch rates airport bonds 'A-' despite drop in traffic

JACKSON — Fitch Ratings affirms Jackson Municipal Airport Authority’s outstanding $43.5-million airport revenue and refunding bonds at “A-.” The rating outlook remains “stable.” Fitch wrote: “The Jackson MSA is currently experiencing some setbacks from the economic recovery; however, Fitch expects resiliency in traffic levels given the airport’s limited competition from neighboring airports, with the closest medium hub 180 miles away. ...

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Universities looking to collaborate on ag efforts

STARKVILLE — Three mid-South universities met recently to develop a plan to combine resources to strengthen support for agricultural enterprises. Experiment station and Extension Service directors from the University of Arkansas, Louisiana State University Agricultural Center and Mississippi State University met in Vicksburg to discuss cooperating on research and educational programs to benefit agriculture. One of the targets of the ...

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Supreme Court calls halt to asbestos case

JACKSON — The Mississippi Supreme Court has halted all proceedings in an asbestos case until it determines whether the trial judge should have stepped down. The case resulted in a $322-million verdict. In an order signed July 12, Chief Justice Bill Waller Jr. granted a petition filed by Union Carbide for a review of whether Circuit Judge Eddie H. Bowen ...

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State's foreclosures fell during second quarter

ACROSS MISSISSIPPI — The number of Mississippi residents threatened by the loss of their homes dropped during the second quarter. Irvine, Calif.-based RealtyTrac says that for the three months ending June 30, 840 properties were targeted by some foreclosure-related action. But for those it was largely the end of the line, as 514 were repossessed by lenders and the other ...

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U.S. 98 improvement project underway in Hub City

HATTIESBURG — A $2.8-million project to improve an interchange along U.S. Highway 98 in Hattiesburg is getting started. The Mississippi Department of Transportation said the Lamar County project is being handled by Warren Paving Inc. of Hattiesburg. The work includes modifications to the traffic signal system and roadway resurfacing as well as the addition of a lane to the southbound ...

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Morgan: Sardis Lake project could flood Delta city

GREENWOOD — Greenwood could be at the most risk of flooding if a proposed development around Sardis Lake is allowed to proceed. So warns Chip Morgan, executive vice president of Delta Council. Morgan, speaking to the Greenwood Rotary Club this week, said that Delta Council has for three years been in discussions with Sardis officials about the town’s desire to ...

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Supervisors can't cut debris-cleanup deal

HOUSTON — The Chickasaw County Board of Supervisors has rejected 12 bids for debris removal from the April 27 tornado. The Northeast Mississippi Daily Journal reports that supervisors agreed to continue clean up themselves while deciding their step. Supervisors had initially hoped the U.S. Army Corps of Engineers would be involved in the cleanup and defer the cost from the ...

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Entergy enters agreement to buy plant for $206M

JACKSON — Entergy Mississippi Inc. announced it is formalizing its plans to buy the Hinds Energy Facility. Located in Jackson, the plant is a 450-megawatt, combined-cycle natural gas turbine unit owned by KGen Power Corporation. Entergy Mississippi entered into a purchase agreement to buy the plant for $206 million, pending regulatory approval. According to the utility, that amount is much ...

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Tradeoff: Jobs or property rights? Mississippians must settle issue

Mississippians cheered the arrival of big league economic development this decade with Nissan’s arrival in Canton and Toyota pending move into Blue Springs. But a property rights movement is working to blunt the enthusiasm for more economic bonanzas — at least if state incentives include offering the mega employers private property the state would seize through eminent domain. The Mississippi ...

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