Mississippi Development Authority interim executive director Leland Speed has sued Secretary of State Delbert Hosemann, in an attempt to keep the eminent domain petition off November’s ballot.
••• READ THE COMPLETE STORY HERE •••
If you’ll recall, the petition seeks to prevent the taking of private land for private development. It keeps in place the state’s authority to seize private land for public-use projects, like streets or bridges.
Nearly 120,000 people signed petitions to get the issue on the ballot. Hosemann certified the results last year.
The Mississippi Development Authority and Gov. Haley Barbour were adamantly against the notion of eliminating the state’s authority to use eminent domain for private economic development. Barbour and Gray Swoope, Speed’s successor at MDA, warned that projects like Toyota wouldn’t be in Mississippi if the law were changed.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info