State to borrow $230M for building, economic development
Published: March 31,2014
JACKSON — Lt. Gov. Tate Reeves says Mississippi lawmakers have agreed to borrow about $230 million for construction and economic development projects.
Saturday was the deadline for House and Senate lawmakers to agree on new bonds. The full House and Senate must still pass the bills and send them to Republican Gov. Phil Bryant.
Plans call for $92.8 million for universities, including $30.5 million for a new medical school building at the University of Mississippi Medical Center.
Also included is $23 million for community colleges, $20 million over three years for Tupelo’s Cooper Tire & Rubber Co. plant, and $14 million for a history and civil rights museum the state is building in Jackson.
A railroad authority would be loaned $30 million to buy a rail line from Southaven to Canton.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- DAVID DALLAS — From Dan and Dixie with love
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- Man charged in noose left on integration statue at Ole Miss