Posts Tagged ‘city’

Trustmark wins bid to handle bonds for SportsPlex construction

GREENVILLE — The Washington County Board of Supervisors has accepted a bid from a Jackson bank to handle a $3-million bond issue to finance the construction of the first phase of the Delta Sportsplex. Trustmark National Bank offered a 3.62 percent interest rate on a 15-year repayment plan. Revenue generated from the county’s hotel tax […] [...]

After three years, voters finally to weigh in on sales tax

JACKSON — A local option sales tax that has sat on the books for three years finally will be offered to Jackson voters. The Clarion-Ledger reports the Jackson City Council yesterday voted to raise sales taxes one cent on every dollar, on the condition that voters approve in a referendum the higher rate By law, […] [...]

Casino developers given more time to sign lease, make payment

D’IBERVILLE — The developers of the proposed Oyster Bay Casino have gotten a reprieve from the D’Iberville City Council. WLOX-TV reports that council members voted unanimously yesterday to give the Pivotal Group five days to sign a new lease agreement with the city. The group must also make a $25,000 payment. Officials with the development […] [...]

City council to hear plan for new theme park on Coast

BILOXI — Developers plan to reveal details of a music-related Mississippi Sound theme park in North Biloxi to the city council. The Sun Herald reports Glenn Miller will give the council today an overview of the plans of a theme park north of Interstate 10 and west of Mississippi 67 in the newly-annexed area of […] [...]

Commission gets new members after resignation, sunset of terms

CORINTH — Four new members have been named to the Corinth Historic Preservation Commission. The Daily Corinthian reported the Board of Mayor and Aldermen this past week appointed Brian McCullen, Robert G. Moore Jr., Laura Albright and Claire Windsor to open seats. The aldermen were told that the appointments were needed after the resignation of […] [...]

Proposed Coast baseball stadium plans on fast track

BILOXI — Plans for the new minor league baseball stadium presented to the Biloxi Development Review Committee haven’t changed much from the original renderings. Leigh Jaunsen, an architect with Dale Partners Architects, says the plan shows “a solid, urban, historic-looking ballpark.” The Sun Herald reports the DRC meeting yesterday was just a week after the […] [...]

Ex-Southaven mayor’s trial to resume today

SOUTHAVEN — After a five-month recess, the civil trial of former Southaven mayor Greg Davis is set to resume in Hinds County Chancery Court in Jackson. The civil trial centers on Mississippi Auditor Stacey Pickering’s efforts to recover more than $70,000 the state alleges Davis still owes for questionable personal expenses including trips, shopping and […] [...]

City approves bonds for roads for shopping center

D’IBERVILLE — The D’Iberville City Council approved about $17 million in tax-increment finance bonds to build roads around The Galleria shopping center. The council approved the bonds at yesterday’s meeting. The Sun Herald reports the city used similar bonds to finance infrastructure along Sangani Boulevard and The Promenade shopping center. The new million-square-foot mall, restaurants […] [...]

Site rezoned for proposed Boardwalk Casino

BILOXI — The Biloxi City Council has rezoned property west of Interstate 110 to waterfront, and now it will be up to the Mississippi Gaming Commission to decide if it is a legal casino site. The council also heard casino operators and Wall Street investors are interested in financing the proposed Biloxi Boardwalk Casino Hotel. […] [...]

Mayor proposes using rainy day money for city’s debt

TUPELO — Mayor Jason Shelton wants to use about $5 million from the city’s rainy day fund to pay off part of its $30 million in bonds. That could save up to $825,000 in interest over seven years, freeing up cash for big capital items such as fire trucks or tornado sirens, he told The […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments