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Tag Archives: lease

City looking for parking space to meet casino lease

NATCHEZ — The city of Natchez is eyeing the gravel lot next to the Margaret Martin Performing Arts Center for parking it must provide to Magnolia Bluffs Casino in accordance with the lease between the casino and the city. Mayor Butch Brown tells The Natchez Democrat the parking lot is currently the most logical option for the 100 parking spaces ...

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Retailer signs warehouse lease; creating hundreds of jobs

OLIVE BRANCH — Philadelphia-based specialty value retailer Five Below has signed the lease for a new distribution center in Olive Branch. Terms were not disclosed. The 600,000-square-foot facility, located at 9105 Hacks Cross Road, is Five Below’s second distribution center and will allow the company to more quickly and efficiently supply stores in the South and Midwest with its broad ...

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Ex-MSU basketball coach leases 16th Section land

OKTIBBEHA COUNTY — Former Mississippi State basketball coach Rick Stansbury and a business partner will lease about 312 acres of 16th Section school land in Oktibbeha County for $31,290 annually. The county school board had rejected an earlier proposal involving 400 acres from Stansbury and partner John Barnett because the rental fee was too low. The Commercial Dispatch reports Stansbury ...

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City's tax collections up; looking to lease golf course

GREENVILLE — Though there were some hiccups in revenue collections for some city departments during the 2011-12 fiscal year, Greenville ended up with about $122,000 more in collections than the previous year. Steve Osso, the city’s external financial consultant, tells The Delta Democrat Times Greenville brought in almost $15.8 million over the period compared to the $15.6 million in the ...

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Officials may bring in outside help for local hospital

TIPPAH COUNTY — Supervisors may bring in a medical organization to lease and operate the publicly owned local hospital. Supervisors and hospital officials tell the Northeast Mississippi Daily Journal there are no plans to sell the Tippah County Hospital. Supervisors say a long-term lease would keep the ownership of the hospital with the county and allow the operator to incorporate ...

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Supervisors OK plan for Ocean Springs Harbor

OCEAN SPRINGS — Jackson County supervisors have approved a plan for the Harbor Commission to manage and lease parking and boat slips that will be created when the state removes a boat shed and restaurant from the county’s Ocean Springs Harbor. County leaders said the Department of Marine Resources will need to first remove the structures, leaving room for additional ...

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Study finds Jackson has lowest commercial real estate cost

JACKSON — The Building Owners and Managers Association (BOMA) International, using the results from the 2012 Experience Exchange Report (EER), has compiled a list of the most and least expensive commercial real estate city-markets in the United States. The annual report aggregates rental income and operating expense figures from the previous year; in 2011, data was gathered from more than ...

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County reclaims hospital after operator defaults on lease

PORT GIBSON — Claiborne County supervisors have taken back the local hospital after the former operator missed two years’ of lease payments. The board voted to retake the facility from Tupelo-based Rural Healthcare Developers, the Vicksburg Post reports. County administrator James Johnson said business continues as usual. The 25-bed facility is now called Claiborne County Hospital, instead of Patients’ Choice ...

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Supervisors soliciting bids for long-term hospital lease

GRENADA — Grenada County supervisors are soliciting proposals for a long-term lease of the publicly owned Grenada Lake Memorial Hospital. The board of supervisors made the decision this past week. Board president Chad Bridges says officials decided leasing the hospital was the best option for the county. Discussions about whether to sell or lease the county-owned facility began in March. ...

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In-state oil/gas leases to go up for sale in September

AROUND MISSISSIPPI — The Bureau of Land Management-Eastern States will hold an oil and gas lease sale for tracts in Louisiana and Mississippi Sept. 13 at its offices in Springfield, Va. Federal mineral lands in Mississippi and Louisiana totaling 34,630 acres will be offered. Mississippi parcels are in Smith, Scott and Franklin counties. In Louisiana, the tracts are in Grant, ...

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