Posts Tagged ‘county government’

Board chooses firms to manage hospital trust fund

COLUMBUS — Two financial firms have been selected to manage Lowndes County’s $30-million hospital trust fund. The Lowndes County Reserve and Trust Fund board of trustees voted unanimously Tuesday to select Stephens Capital Management and Renasant Wealth Management to manage and invest the money from the county’s hospital sale. Twelve firms had initially offered proposals. […] [...]

City to auction off 62 tax-forfeited properties

GREENWOOD — Sixty-two parcels of tax-forfeited land in Greenwood, valued at $195,000, will be sold at an auction in September. Sealed bids must be received by the secretary of state’s office by 5 p.m. Sept. 18. Bids will be opened at 10 a.m. Sept. 19 in Jackson. Secretary of State Delbert Hosemann tells the Greenwood […] [...]

Hearing set to begin next month in lawsuit over county bonds

MERIDIAN — A Lauderdale County judge will hear arguments Sept. 10 in a lawsuit challenging the county’s plan to borrow $14 million for courthouse renovations and for three recreational facilities. The county board of supervisors voted in June to issue the bonds. WTOK-TV in Meridian reports that a lawsuit against the bond issue was filed […] [...]

Financial firms in competition for hospital trust fund

COLUMBUS — Twelve financial firms have submitted proposals to manage Lowndes County’s $30 million hospital trust fund. The county wants a bigger return on its investment of those funds. Board of Supervisors president Harry Sanders told the Commercial Dispatch that the county hopes the 0.2 percent ($60,000 annually) interest the county has recently earned on […] [...]

County becomes 26th in state to earn StormReady title

GRENADA COUNTY — The National Weather Service has certified Grenada County under its StormReady emergency preparedness program. Alan Gerard, meteorologist in charge of the NWS office in Jackson, said Grenada is in a very active region for tornadoes, so the designation is an indication it is ready to handle a weather emergency. In Mississippi, 26 […] [...]

County leaders to raise taxes for emergency services

TUPELO — Lee County Board of Supervisors president Bobby Smith says taxpayers shouldn’t expect more than a modest tax increase in the 2014 fiscal year budget to upgrade the county’s aging 911 radio system. The Northeast Mississippi Daily Journal reported supervisors approved the county tax rolls yesterday, allowing officials to go ahead with crafting a […] [...]

County adds 240-acre, interstate-fronting tract

MCCOMB — Pike County economic developers have upped their portfolio for possible development by taking a three-year option to buy 240 acres fronting Interstate 55. The Enterprise-Journal reported the economic development district paid Griffin Timber LLC $30,000 for control of the property into 2016. Griffin Timber is owned by businessman Ed Griffin. The land runs […] [...]

County closes on purchase of property from Rentech

by Associated Press Published: August 19,2013

Tags: Adams County, biofuel, county, county government, International Paper, land, lease, property, purchase, Rentech

NATCHEZ — Adams County’s taxpayers now own property that went from being a robust industrial site to a big economic letdown. County officials signed the paperwork Thursday to close the real estate deal transferring the title of the 478-acre former International Paper mill property from Rentech to Adams County for $9.25 million. The county entered […] [...]

County hit by employee insurance premium hike

PHILADELPHIA — Neshoba County may have to absorb an $80,000 increase in health insurance premiums for employees. The Neshoba Democrat reported the 10-percent rate increase is projected for the new year as the Board of Supervisors works to put together a fiscal year 2014 budget. The increase would go into effect on Oct. 1 if […] [...]

UMMC to lease hospital; take on long-term debt

GRENADA — The University of Mississippi Medical Center plans to lease Grenada-Lake Medical Center for at least 20 years, paying for the lease by taking on the hospital’s $35 million in long-term debt. The College Board’s Finance Committee discussed the plan in a closed session today and the board is expected to vote tomorrow. The […] [...]

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