Home » 2012 » December » 20

Daily Archives: December 20, 2012

Fitch Ratings gives TVA bonds 'negative' outlook

NORTH MISSISSIPPI — Fitch Ratings has assigned an “AAA” rating to the $1-billion 2012 series B Tennessee Valley Authority (TVA) global power bonds. The bonds were priced Dec. 18, 2012. Proceeds from the 2012 series B bonds will be primarily used to refinance outstanding debt. In addition Fitch awarded a parity global power bond rating of “AAA” on the $22.6-billion ...

Read More »

Former state park now owned by Coast city

GAUTIER — Shepard State Park in Gautier has 395 acres abounding with trees and wild flowers, bike and nature trails, 28 developed campsites and an 18-hole disc golf course. It now belongs to city of Gautier and will remain open according to an agreement with Mississippi Department of Wildlife, Fisheries and Parks. “A revitalized Shepard State Park is an important ...

Read More »

River stage forces closure of waters to oystermen

GULF OF MEXICO — The Mississippi Department of Marine Resources (MDMR) has closed Area II “A” Conditionally Approved Waters, Area II “B” Conditionally Approved Waters and Area II “D” Conditionally Approved Waters to the harvest of oysters due to the Pearl River stage exceeding the 10-foot management plan criteria for these areas. This includes: • Area II “A” Conditionally Approved ...

Read More »

Supervisors award hospital lease to UMMC

GRENADA — The Grenada County Board of Supervisors has selected the University of Mississippi Medical Center’s (UMMC) proposal for the long-term lease of Grenada Lake Medical Center (GLMC) in connection with Grenada County’s request for proposals (RFP). Terms were not disclosed. “While the process has taken longer than expected and there still remains work to be done, we firmly believe ...

Read More »

Agency ranks high in study of emergency preparedness

JACKSON — The Mississippi State Department of Health (MSDH) has received an eight out of 10 possible points for emergency preparedness in a Robert Wood Johnson’s Trust for America’s Health recently released report. Mississippi is one of only five states to receive eight points. Other states include Maryland, North Carolina, Vermont and Wisconsin. According to the report, Mississippi gets strong ...

Read More »

Removal of rock pinnacles in dropping river progressing slowly

MISSISSIPPI RIVER — Crews scooping out Mississippi River bedrock in southern Illinois are making steady progress but have removed just a fraction of the rock pinnacles that are impeding navigation along a stretch of the drought-plagued waterway, an Army Corps of Engineers official said. Excavating machinery had chiseled away 39 cubic yards of rock by Tuesday morning, less than 5 ...

Read More »

Entergy raising rates; cites storm, fuel costs, acquisitions

JACKSON — Entergy Mississippi customers will see a rate increase of about 5 percent in early 2013, according to the utility. The typical residential customer using 1,000 kWh will pay $95.63 in January and $99.71 in February. For comparison, in February 2012, the typical customer paid $95.08 per 1,000 kWh of electricity. “Electricity rates are determined by a number of ...

Read More »

Governor weighs in on tort reform; files documents

JACKSON — Gov. Phil Bryant says scrapping Mississippi’s tort reform laws would hinder economic development and cost the state the jobs that it brings. He makes the argument in new court papers that ask a federal court to uphold the constitutionality of a $1 million cap on non-economic damages. The lawsuit, first filed in 2006, claims Mississippi’s $1 million cap ...

Read More »

Consultant says area needs more visitors centers

NORTH MISSISSIPPI — A consulting firm has recommended seven to eight visitors centers to capitalize on the cultural and tourism heritage in north Mississippi. The Northeast Mississippi Daily Journal reports Phil Walker, of Nashville-based Walker Collaborative, and his team presented findings to the board of the Mississippi Hills Area Alliance. The Alliance board is in charge of the Mississippi Hills ...

Read More »

Airport leaders ask judge to toss discrimination lawsuit

TUPELO — Tupelo Regional Airport officials have asked a federal judge in Oxford to throw out a job discrimination lawsuit. The lawsuit filed by former airport executive director Terry Anderson is scheduled for trial on April 8. WTVA-TV in Tupelo reports the airport board argues it had legitimate reasons to fire Anderson in December of 2009. Anderson has claimed he ...

Read More »