City workers’ move into Metrocenter snarled in dispute
Published: March 30,2012
JACKSON — After the Jackson City Council agreed in February to pay for the installation of wiring at the Metrocenter, around 300 city workers were expected to move into their new offices within 45 days.
Now, 54 days later, The Clarion-Ledger reports not a single wire has been installed because of a dispute over whether the developer is owed interest on the cabling.
The newspaper says city officials won’t say much — only that they’ve been in ongoing negotiations with project developer Retro Metro, LLC.
The newspaper reported under the terms approved verbally by the council, the city was to pay $50,000 up front for wiring needs that were overlooked at the project’s outset, then pay out another $200,000 plus interest over five years.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Two BancorpSouth mergers delayed by federal inquiries
- Severstal selling plants, including Severstal Columbus
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- Moon River Foods creating 100 jobs in Mississippi Delta
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Communities awarded national Main Street accreditation
- Police find Attorney General Hood's stolen handgun
- Pickwick Pines settles lawsuit; pays $260K
- MSU sets new annual fundraising record of $106M-plus