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Daily Archives: January 18, 2012

Report: State has ways to go in monitoring jobs incentives

A new report by Good Jobs First, a non‐profit, non‐partisan research center based in Washington, D.C., gives Mississippi a C- in a state-by-state assessment of how states monitor, verify and enforce the terms of job subsidies granted private companies as economic development incentives. The report titled Money‐Back Guarantees for Taxpayers: Clawbacks and Other Enforcement Safeguards in State Economic Development Subsidy ...

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Officials present post-oil spill restoration plan

GAUTIER — Federal and state officials have presented plans to hold BP to its promise to make the Gulf whole in the wake of the 2010 oil-spill disaster. A meeting last night in Gautier attracted more than 100 people. It was the first of three scheduled along the Mississippi Coast and 12 along the northern Gulf as trustees work on ...

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Margaritaville Casino sets May opening date

BILOXI — Jimmy Buffett’s Margaritaville Casino and Restaurant is scheduled to open the week of May 20 in East Biloxi. Karen Sock, general manager of Margaritaville, made the announcement yesterday during a meeting of the Biloxi City Council. Sock says the resort will create 1,000 new jobs and open up the Point Cadet area of Biloxi for future development. That ...

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Renasant sees better quarter, but yearly earnings down

TUPELO — Renasant Corporation, for the fourth quarter of 2011, saw net income of $5.79 million, compared to $4.721 million for the fourth quarter of 2010. Basic and diluted earnings per share (EPS) were $0.23 for the fourth quarter of 2011 as compared to basic and diluted EPS of $0.19 for the fourth quarter of 2010. Net income for 2011 ...

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City leaders want vote on sale of alcohol

CORINTH — The City of Corinth will ask the Legislature to approve a city-only vote on the sale of alcoholic beverages. The Daily Corinthian reports the board of aldermen voted 5-1 yesterday to present a resolution to lawmakers now meeting in Jackson. But opponents argued the city is unfairly cutting Alcorn County residents out of the process. State law requires ...

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Architect's concerns stop police station construction

WAVELAND — Construction has been stopped on the Waveland’s new police station. Mayor David Garcia tells the Sea Coast Echo the work stoppage is only temporary. City attorney David Yarborough says the architect for the project raised a couple of concerns about some of the construction and recommended the work stoppage. “The architect and contractor are trying to straighten out ...

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MDE developing statewide teacher evaluation system

JACKSON — The Mississippi Department of Education is developing a system for evaluating its educators that could be ready to be used during the 2014-15 school year. It would be used to help identify training needs of individual teachers, said Daphne Buckley, deputy state superintendent for quality professionals and special schools. Buckley tells the Northeast Mississippi Daily Journal there is ...

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Hood to ask judge to revoke pardons issued by Barbour

JACKSON — Mississippi Attorney General Jim Hood said yesterday he’ll ask a state judge next week to revoke several pardons Haley Barbour issued in his final days as governor, including those for five convicts who worked as trusties at the Governor’s Mansion. Hood said the five former trusties — four of them convicted of murder, one of robbery — failed ...

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BancorpSouth commences $100M public offering

TUPELO — BancorpSouth Inc. has commenced an underwritten public offering of $100 million of its common stock. The company said it intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of common shares sold pursuant to this transaction. All of the shares are being offered by the Tupelo-based financial institution. BancorpSouth said it ...

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Irby commits suicide after wife's prison release

JACKSON — Authorities said a prominent Jackson businessman took his own life yesterday, days after his wife was released from prison by then-Gov. Haley Barbour. Jackson Police spokeswoman Colendula Green told The Associated Press that emergency officials were called to Stuart M. Irby’s home shortly after 8 p.m. and he was pronounced dead at 9:04 p.m. She said Irby hanged ...

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