Posts Tagged ‘property’

City to appeal property values set by county assessor

BILOXI — The city of Biloxi intends to appeal the valuation of dozens of buildings that the county assessor says have no value — and therefore the owners pay no property tax — since Hurricane Katrina. Community development director Jerry Creel presented the city council yesterday a list of buildings that are appraised by the […] [...]

County takes out USDA loan to buy lans for wood pellet plant

LUCEDALE — George County supervisors have signed off on $1.3 million in U.S. Department of Agriculture loans to pay for land where a new wood pellet plant will go. The Mississippi Press reports that the USDA rural development loans will be used to purchase the property that will expand the George County Industrial Park. Green […] [...]

City offers $210K for old Crosby Hospital property

PICAYUNE — The city of Picayune will offer up to $210,000 for the old Crosby Memorial Hospital property. The city council voted 4-2 this week to make the offer to the property owner, Southern Regional Corporation. The five-acre has been listed for sale since December 2012 and company is asking $237,000 for the property. The […] [...]

Leaders looking for new business at ex-Rentech site to avoid tax hit

NATCHEZ — Economic development leaders in Adams County hope an anticipated loss of $135,000 in property taxes from the former Rentech site will be offset by attracting new industry. The Natchez Democrat reports the county’s acquisition of the property is expected to close Aug. 12. Adams County is borrowing $9 million to buy the former […] [...]

Schools hit by spiraling insurance premiums, lack of providers

HATTIESBURG — Property insurance premiums have skyrocketed for Pine Belt school districts. Some have had problems just finding a company to insure them. Lamar County School District Superintendent Ben Burnett told the Hattiesburg American that his district’s premium was about $176,000 last year but just increased by $500,000. “I was shocked,” he said. “We always […] [...]

Caesar’s drops lease; cleanup begins at former Casino Magic site

BILOXI — Caesars Entertainment has dropped its lease on the Casino Magic property in East Biloxi and crews are cleaning out the tower. The Sun Herald reports city officials say they are frustrated that nothing is being done to demolish the abandoned casino project next door. Jerry Creel, Biloxi’s community development director, told the city […] [...]

Real estate developer gets 10 days in prison for bank fraud

OXFORD — DeSoto County developer Chuck Roberts will serve 10 days in a federal prison in September for his role in a bank fraud scheme involving a Southaven subdivision his company was planning to build. The Commercial Appeal reports the 46-year-old Roberts said during yesterday’s sentencing hearing in U.S. District Court in Oxford that his […] [...]

Arlington owner makes surprise court appearance; pleads guilty

NATCHEZ — Historic Arlington owner Dr. Tom Vaughan of Jackson made a surprise appearance in Natchez Municipal Court and pleaded guilty to failure to maintain property. Municipal Court Judge Pro Tem Tony Heidelberg tells The Natchez Democrat Vaughan did not show up for his actual court date on July 1. Heidelberg said Vaughan told him […] [...]

City’s new rental property ordinance gets opposition from landlords

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 […] [...]

County’s assessed value of property nears high-billion dollars

by Associated Press Published: July 11,2013

Tags: Business, Chuck Bennett, home, house, Lamar County, property, real estate, residence, residential real estate, tax, valiue

PURVIS — With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue. The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than […] [...]

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