Home » 2013 » January » 07 (page 2)

Daily Archives: January 7, 2013

Attorney reports city's investment showing returns

OXFORD — The $30-million investment that the city of Oxford made with money from the sale of a hospital in 2011 is paying off. Attorney Robert Paine with the Oxford Municipal Reserve and Trust Fund Committee reported the market value of the trust fund assets was over $31. 2 million. That is a gain of more than $1.2 million. The ...

Read More »

New hospice wing to begin admissions next month

TUPELO — North Mississippi Medical Center plans to open next month a dedicated inpatient hospice wing. Hospital officials tell the Northeast Mississippi Daily Journal the new 10-bed hospice which will serve terminally ill patients who need a higher level of care to remain comfortable. Officials expect the wing to open in the next several weeks after staff training and regulatory ...

Read More »

City borrowing from gas fund to meet obligations

OLIVE BRANCH — Olive Branch officials will borrow $1 million from the city’s natural gas fund to meet financial obligations. Mayor Sam Rikard tells the Commercial Appeal the funds would be repaid with interest once property tax collections come in. It’s not uncommon for cities to take out tax anticipation loans. Officials may borrow from a bank or from their ...

Read More »

New bankruptcy judge to take oath next week

ABERDEEN — A new bankruptcy judge for northern Mississippi will be sworn in Jan. 18. Jason Woodard, a 37-year-old lawyer from Birmingham, Ala., will be sworn in to replace David Houston III, the Northeast Mississippi Daily Journal reports. Houston had been the only federal bankruptcy judge in the Northern District since the bankruptcy court was formed in the 1980s. Woodard, ...

Read More »