RIDGELAND — The Madison County developer who was granted a protective order last week barring the release of public records relating to Renaissance at Colony Park in Ridgeland said he feels the order is in the best interest of economic development.
Andrew Mattiace, developer of Renaissance phases I and II and the proposed phase III, said he sought the order to protect the privacy of economic development prospects.
The Clarion-Ledger reports the protective order sealed all documents relating to the development’s deal with the state for a sales tax rebate program administered by the Mississippi Development Authority.
The incentive program would provide Mattiace up to $29.6 million in sales tax rebates, reimbursing up to 30 percent of his estimated capital costs of $98 million for the Renaissance III project.
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