Posts Tagged ‘government’

Federal Reserve chief promises regulations that reflect realities of community banking

by Published: October 25,2013

Tags: banking, Business, finance, government, Mississippi

» Fed report includes summary of Mississippi bankers’ town conducted by state’s chief banking regulator Mississippi’s community bankers earlier this month heard a promise from Federal Reserve Chairman Ben Bernanke that the Fed would craft supervisory polices and regulations “appropriately scaled to banks’ size and complexity.” That’s encouraging news for the state’s small, independent banks […] [...]

UPDATED: Farish St. issue heading to court to settle JRA objections on developer lien

JACKSON, Mississippi – Liens filed recently by the Farish Group to protect what it says is its several million dollars of expenditures in the stalled Farish Street redevelopment project has been met with a lawsuit from the Jackson Redevelopment Authority, the city agency that booted Farish Group from the project earlier this month. Lance Stevens, […] [...]

Applications being accepted for new SMART rebate program

JACKSON — Applications are now being accepted for the Strengthening Mississippi Academic Research Through Business Act (SMART Business Act) rebate program. The SMART Business Act was adopted during the 2013 Legislative Session to stimulate private investment in research and development through partnerships with Mississippi Public Universities; develop the competitiveness of Mississippi companies; and improve the […] [...]

Commission approves measure banning guns from parks, centers

OXFORD — The Oxford Park Commission has voted to put up signs indicating that guns are not allowed at Oxford’s parks and activity centers. Deputy director Bubba Robinson told the commission that guns have dropped out of bags in the Oxford Activity Center in the past. Robinson said he believes it’s time for the commission […] [...]

Fight between property owner and city goes to appeals court

MADISON — Property owner Mike Crook’s fight with the city of Madison over an ordinance he claims is designed to keep renters out of the Jackson suburb has made its way to the state Court of Appeals. Oral arguments are set Oct. 15 in Jackson. Crook was convicted in 2011 of violating the ordinance and […] [...]

Commission votes to retain Louisiana firm for bridge inspections

VICKSBURG — A Louisiana company will continue to do annual inspections of the old U.S. 80 Mississippi River bridge in Vicksburg. The Vicksburg Bridge Commission voted Wednesday to keep Baton Rouge-based G.E.C. on retainer for $15,000 a year. The company writes reports annually that note the structural stability of the 83-year old railroad crossing. This […] [...]

City to hike water rates, fees but not raise taxes

NATCHEZ — The city of Natchez may not be raising taxes, but an increase in water rates and inspection fees may be in residents’ futures. In an effort to prevent a city-wide tax increase, The Natchez Democrat reports Mayor Butch Brown and the board of aldermen discussed both issues during a work session yesterday. Aldermen […] [...]

City raises taxes, but avoids employee layoffs

HORN LAKE — Aldermen have approved a budget for fiscal 2014 that includes a 4-mill property tax increase but spares job cuts among city employees that had been contemplated. The spending plan for the year that begins Oct. 1 was approved 5-2 Tuesday during a brief meeting with no discussion. Aldermen Charlie Roberts and John […] [...]

PEER report on port expansion to be released this week

GULFPORT — A legislative committee will release a report this week on its analysis of spending at the State Port at Gulfport. Max Arinder, director of the Performance Evaulation and Expenditure Review Committee, told The Sun Herald that the report should be available to the public Friday. Gov. Phil Bryant, the Mississippi Development Authority and […] [...]

School districts face state takeover this week

AROUND MISSISSIPPI — Three Mississippi school districts have moved one step closer to a state takeover. The state Accrediting Commission recommended yesterday that states of emergency be declared in the Claiborne County, LeFlore County and Yazoo City school districts. The state would take over the district if the state Board of Education approves the recommendation […] [...]

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