by MBJ Staff Published: March 13,2012
Tags: bill, community development, debt, economic development, interest, law, lawmakers, legislative branch, legislators, Legislature, loan, principle, revolving loan, state budget, state government
JACKSON — The Mississippi Senate today passed legislation that would direct additional funds to pay off state debt and move toward reducing the state’s total debt, Lt. Gov. Tate Reeves announced. “We need to get control of the state’s debt, and this bill is one way we can do that and be responsible stewards of [...] [...]
by Associated Press Published: March 6,2012
Tags: arts, commercial development, commercial property, Commercial Real Estate, community development, construction, cultural tourism, economic development, entertainment, financing, funding, Heritage, historic, histoy, loan, music, nightclubs, real estate, restaurants, tourism, tourists, visitors
JACKSON — Developers of the Farish Street Entertainment District have taken the first step toward securing money needed to finish construction on the first block of the $100 million project in downtown Jackson. Yesterday, the Jackson Redevelopment Authority approved a non-binding agreement with Farish Street Group for a $10.2 million loan. As collateral, developers would [...] [...]
by Associated Press Published: February 22,2012
Tags: banking, Banks, construction, county government, courts, finance, financial institutions, funding, infrastructure, judges, judicial, judiciary, loan, projects
JACKSON COUNTY — Jackson County supervisors have voted to borrow $2.5 million in a five-year note to complete multiple projects. The Mississippi Press reports about $1.2 million will go toward site work on the new Adult Detention Facility and $430,000 will fund a Highway Patrol building on Mississippi 57. Another $430,000 will go to improvements [...] [...]
NATCHEZ — The Natchez Board of Aldermen has voted unanimously to take out a $650,000 tax anticipation loan to balance the city’s 2009-2010 fiscal year budget. City Clerk Donnie Holloway tells The Natchez Democrat that the loan is needed to cover payroll and insurance expenses through December. Holloway said the city took out a $1.3-million [...] [...]
LAUDERDALE COUNTY — U.S. Agriculture Secretary Tom Vilsack announced the selection of $250 million in water and environmental projects that are being funded immediately through the American Recovery and Reinvestment Act. The 32 projects will help provide safe drinking water and improved wastewater treatment systems for rural towns and communities in 17 states, Guam, and [...] [...]
Loading ...