Home » MBJ FEATURE » Bond deadline looms

Bond deadline looms

A decision by Jackson City Council Monday (Dec. 19) to build a 16-floor, $96 million convention center hotel will hand Mayor Harvey Johnson a signature victory but a thumbs down from the council will give him a serious setback.

The city put the deal on a fast-track to enable proposed development partner Transcontinental Realty Investments Inc. to meet a Dec. 31 deadline for selling about $70 million in Gulf Opportunity Zone bonds. The post-Katrina recovery bond program expires at midnight on the last day of the month…


About Ted Carter

Leave a Reply

Your email address will not be published. Required fields are marked *