State to borrow $230M for building, economic development

Lt. Gov. Tate Reeves

Lt. Gov. Tate Reeves

JACKSON — Lt. Gov. Tate Reeves says Mississippi lawmakers have agreed to borrow about $230 million for construction and economic development projects.

Saturday was the deadline for House and Senate lawmakers to agree on new bonds. The full House and Senate must still pass the bills and send them to Republican Gov. Phil Bryant.

Plans call for $92.8 million for universities, including $30.5 million for a new medical school building at the University of Mississippi Medical Center.

Also included is $23 million for community colleges, $20 million over three years for Tupelo’s Cooper Tire & Rubber Co. plant, and $14 million for a history and civil rights museum the state is building in Jackson.

A railroad authority would be loaned $30 million to buy a rail line from Southaven to Canton.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: