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Tag Archives: bond

Appeal bond for Watkins under consideration

Associated Press Mississippi Court of Appeals judges are considering whether a Jackson developer who was ordered to pay more than $600,000 for securities violations must post an appeals bond while he tries to overturn that ruling. Three judges heard arguments Wednesday from attorneys representing developer David Watkins and from lawyers for Secretary of State Delbert Hosemann. Requiring Watkins to post ...

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ECB disappointment and North Korea concerns weigh on markets

Disappointment over the European Central Bank’s decision to keep monetary policy unchanged weighed on the region’s stock markets once again. News that North Korea had conducted a nuclear test also rattled investors, particularly in South Korea. KEEPING SCORE: In Europe, France’s CAC 40 fell 0.4 percent to 4,517 while Germany’s DAX slipped 0.5 percent to 10,625. Britain’s FTSE 100 was ...

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Treasurer Fitch warns bond bill spells trouble for credit rating

By TED CARTER You can expect the confidence national debt rating agencies have in Mississippi’s debt repayment abilities will be diminished by the Legislature’s approval of about $560 million in new debt in a year revenues are $100 million below projections and dropping still further, state Treasurer Lynn Fitch warns. A ratings drop from the likes of Moody’s, Fitch and Standard ...

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Judge gets more time to fight efforts to remove him from office

TUPELO — A Lee County justice court judge has until Nov. 17 to argue to the Mississippi Supreme Court why he should not be removed from office for transgressions outlined in a complaint filed by a judicial watchdog group. The Mississippi Commission on Judicial Performance recommended in September that Judge Rickey Thompson be removed from office and pay more than ...

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USM renovating facilities for new home of College of Health

HATTIESBURG — The University of Southern Mississippi plans to renovate Joseph Greene Hall and part of its Chain Technology Building for its College of Health. The College Board approved an architect to plan the renovation, projected to cost $7 million. USM’s College of Business plans to vacate Greene Hall early next year for the new Scianna Hall. That would free ...

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Voters in Okolona approve school bond issue

OKOLONA — Voters in Okolona have approved a $2 million school bond issue. The announcement of Tuesday’s election results were held up while local officials counted 465 absentee ballots yesterday. Complete but unofficial returns show 62 percent of those voting approved the bond issue. A 60 percent margin was required for passage. The bulk of the money will be spent ...

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Voters in Lowndes County reject bond issue for school projects

COLUMBUS — Lowndes County voters have failed to pass a $47 million bond issue. Complete but unofficial results from Tuesday’s election show more than 51 percent of those voting supported the bond issue. However, the bond needed 60 percent of votes cast to pass. The district planned to build a new $20 million New Hope High School, major athletic and ...

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Will lawmakers approve less borrowing for public universities?

JACKSON — The price of predictability for Mississippi’s public universities is likely to be less money to spend on capital projects in the state’s 2016 budget year. The College Board yesterday approved $710 million in bonding requests, as agencies make requests of the Legislature in advance of next year’s sessions. Lawmakers are likely to borrow much less. Next year will ...

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SPECIAL REPORT: Hotels, industrial park, offices part of mix at Gulfport/Biloxi airport

In his slightly more than two years on the job, Clay Williams has picked up where retired predecessor Bruce Frallic left off in seeking to make the most of Gulfport/Biloxi International Airport’s assets. So far, property controlled by the Gulfport/Biloxi Airport Authority has added a pair of hotels, a Fixed Based Operator which invested $12 million in its facilities, an ...

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SPECIAL REPORT: A savvy pro is sought for Jackson airport's CEO

The aviation executive search firm hired to find the next CEO of the Jackson Municipal Airport Authority is likely to focus on an airport pro skilled in economic development. “You need someone who can make that happen,” said  Doug Kuelpman, founder and president of ADK Executive Search, a Jacksonville, Fla., company the Airport Authority selected Monday to find a CEO ...

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