by MBJ Staff Published: May 15,2012
Tags: bonds, corrections, debt, debt ratings, investing, investments, investors, jails, prisons, ratings
MARSHALL COUNTY and WILKINSON COUNTY — Fitch Ratings has withdrawn its ratings on the following bonds due to pre-refunding activity: • Mississippi Development Bank (MS) (MSLoan Prog-Mississippi Department of Corrections-Marshall County Correctional Facility Refunding Proj) general obligation special obligation bonds series 2008C (all maturities); and • Mississippi Development Bank (MS) (MSLoan Program-Mississippi Department of Corrections [...] [...]
by Associated Press Published: April 30,2012
Tags: bills, bonds, construction, investments, lawmakers, laws, legislation, legislative, legislators, Legislature, state government
JACKSON — A bond package that would have provided funding for repairs and new construction across Mississippi died when a Saturday deadline passed, though the legislature continued making strides yesterday to finish the budget process. Republican Lt. Gov Tate Reeves held his line this weekend, demanding a smaller bond package than the $250 million proposal [...] [...]
by Associated Press Published: April 26,2012
Tags: bidders, bidding, bids, bonds, budget, construction, contractors, education, high schools, municipal government, schools
OXFORD — The Oxford School Board has rejected all bids for the construction of the new high school. The high school’s construction is the centerpiece of the district’s building program. Schools Superintendent Brian Harvey tells the Oxford Eagle the board has no authority to negotiate with any contractor and can only accept the project as [...] [...]
by Associated Press Published: March 20,2012
Tags: bills, bonds, construction, elementary schools, law, lawmakers, legislation, legislative, public schools, schools, secondary schools, state government
JACKSON — Legislative action could set off a small building boom for Mississippi’s public schools. A measure passed by the House on a unanimous vote last week — and now awaiting action in the Senate — would renew schools’ power to borrow against state aid checks. After the 1997 passage of the state funding formula, [...] [...]
HERANADO — DeSoto County supervisors have approved refinancing $22 million in 2004 general obligation bonds, a move that could save $900,000. The Commercial Appeal reports the board also approved a health coverage pact for county employees. The new plan keeps rates flat. The current interest rate the county must pay from 2015 to 2024 ranges [...] [...]
by Associated Press Published: January 20,2012
Tags: bonds, colleges, debt, education, health, healthcare, higher education, hospitals, state government, universities
JACKSON — The state College Board has approved a $112 million bond issue for the University of Mississippi Medical Center, even though one board member questioned whether it was appropriate to borrow the money. UMMC had originally proposed to use some of the money to buy software to comply with a federal requirement that it [...] [...]
by Associated Press Published: November 21,2011
Tags: bonds, commercial development, Commercial Real Estate, community development, construction, downtown, economic development, entertainment, hospitality, municipal government, real estate, redevelopment, tourism, tous=ists, visitors
JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave [...] [...]
by Associated Press Published: November 10,2011
Tags: bonds, Central Business District, convention and visitors bureau, downtowns, economic development, entertainment, hotels, lodging, meetings and conventions, night clubs, restaurants, tourism, tourists, visitors
JACKSON — The Jackson Redevelopment Authority could soon issue $107 million in bonds for three economic development projects — including two that have endured a host of delays. The Clarion-Ledger reports the bonds will go toward financing a hotel to be built across from the Jackson Convention Complex, the Farish Street Entertainment District and a [...] [...]
WAVELAND — The City of Waveland has borrowed $486,000 to pay on two public works bond issues from 2004. Mayor David Garcia tells the Sea Coast Echo the city borrowed money against its anticipated 2012 property taxes. In 2004, Waveland took out two bonds totaling more than $6 million for public works projects such as [...] [...]
OXFORD — The Lafayette County Board of Supervisors is planning to pay off all outstanding bond debt and lower property taxes. The decision was made this past week to spend $10 million of the $30 million gained from the sale of Baptist Memorial Hospital-North Mississippi to pay off all outstanding bonds for the county. The [...] [...]
Loading ...