Archive for April 3rd, 2011

SBA offering commercial mortgage refinancing assistance

ACROSS MISSISSIPPI — Small business owners with eligible commercial real estate mortgages maturing after Dec. 31, 2012, will be able to secure more stable, long-term financing through the U.S. Small Business Administration’s temporary 504 refinancing program as a result of a change that will be published in The Federal Register by April 6. In February, […] [...]

State awards five-year eGovernment contract to NIC

by Published: April 3,2011

Tags: computers, egovernment, Internet, state government

JACKSON — The State of Mississippi has selected NIC Inc., a provider of eGovernment services, for self-funded online government services. Terms were not disclosed. The state awarded NIC a five-year contract that will run through Dec. 2015. Through its Jackson-based subsidiary, Mississippi Interactive, LLC, NIC will provide electronic payment processing for the state of Mississippi, […] [...]

Entergy unsuccessful in bid to sell nuclear plant

NEW ORLEANS — Entergy Corporation announced Entergy Nuclear Vermont Yankee, LLC, has completed negotiations on a 20-year agreement to sell power from the Vermont Yankee nuclear plant to customers of Vermont Electric Cooperative Inc., the third-largest electric distribution utility in Vermont. This comes after the New Orleans-based Entergy failed to find a buyer for Vermont […] [...]

Justice Department: Whitney branches must be sold

GULFPORT — Hancock Holding Co.’s proposed $1.5-billion acquisition of Gulf Coast banking rival Whitney Holding Corp. passes antitrust muster, provided that eight Whitney offices in Mississippi and Louisiana are sold, the Justice Department said April 1. Under an agreement with the government, New Orleans-based Whitney will sell its entire network of seven branches in the […] [...]

Changes coming for Coast tourism

Personnel changes and the possibility of structural changes at the Mississippi Gulf Coast Convention & Visitors Bureau are raising questions about the future of area tourism. The Harrison County Tourism Commission, governing board of the CVB, did not renew the contract of Richard Forester, CVB executive director. There are also efforts led by the Gulf […] [...]

MDA backers devise a diamond soiree

Nearly 1,000 people — including the current governor and a pair of former governors — turned out March 24 at the Marriott in Jackson to celebrate a 75-year-old success story — the Mississippi Development Authority. The Mississippi Economic Development Council organized the anniversary gathering with the help of a host of Diamond, Platinum and Silver […] [...]

Is the sky falling?

There is a disease that has been identified in some poultry houses in South Mississippi that is easily transmitted from bird to bird and farm to farm and can leave growers with hundreds of dead birds in just days. It poses no risks to humans, researchers say, but can be catastrophic to growers’ financial health […] [...]

State’s chief site selector: Search starts for new tax HQ

by Published: April 3,2011

Tags: Ed Morgan, Kathy Waterbury, Kevin Upchurch

Though proximity to the state’s new Data Center off Lakeland Drive could weigh heavily in the site selection, the only certainty for the new home of the  Mississippi Department of Revenue is that it will be housed in a state-owned building or built on vacant land the state owns. In either instance, the site must […] [...]

A BIG DEAL

by Published: April 3,2011

Tags: Duckworth Realty, John Barton, John Michael Holtmann

Regions Plaza fills 50,000 square feet in lease with state A signing of a lease by the State of Mississippi for more than 50,000 square feet in the half-empty Regions Plaza building last Friday gave downtown Jackson’s office market just the break it had wanted. The new tenants are the Mississippi State Personnel Board and […] [...]

Roughing it in exile

by Published: April 3,2011

Tags: Ed Morgan, Kathy Waterbury

If you like the sound of rain on a tin roof, a job at the Mississippi Department of Revenue building in Raymond may be just the ticket. Of course, the downside is you’ll work in a cavernous warehouse with concrete floors and 40-foot ceilings where some parts of the building are too hot and other […] [...]

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