City’s new rental property ordinance gets opposition from landlords
Published: July 12,2013
PEARL — Tensions are high in Pearl over a new ordinance related to rental property.
The Clarion-Ledger reports the city is requiring existing rental properties to have sprinklers in case of fires. It also mandates landlords add warning sirens, a telephone or text emergency warning system that would notify tenants in emergencies, and storm shelters capable of withstanding an EF2 tornado.
Steve Maulding owns three rental properties in Pearl and said the cost of meeting the new requirements would hurt his business.
Maulding said he estimates it would take him about $1.5 million to make the renovations to meet the new requirements for all three of his properties.
Landlords met with Pearl Mayor Brad Rogers on Wednesday to voice their concerns.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Yarber could be sworn in today as new Jackson mayor
- Pharma Pac lays off rest of workers; could end up owing state
- Ole Miss launches commitment to be 'climate neutral'
- Silver Airways ordered to continue service
- After review, MSU moves forward on new research facility
- SpaceX, Stennis officially open new rocket test stand
- Acco Brands investing $1.6M, adding 162 workers
- Gulf LNG terminal mulling export opportunities