Court sides with city in infrastructure-financing case
STARKVILLE — The Mississippi Supreme Court has thrown out a lawsuit challenging how the city of Starkville is paying for infrastructure improvements. The Supreme Court sided with the city which had...
View ArticleDelta city using tax increment financing for improvements
GREENWOOD — The city of Greenwood has devised a plan to help private developers pay for street, lighting and other improvements to the public infrastructure — tax increment financing. The Greenwood...
View ArticleCity to hold meetings over major sewer/water rate hike plan
JACKSON — The city of Jackson will host a series of town hall meetings to discuss a proposed water and sewer rate hike. Water rates would rise 29 percent under the proposal, from $2.48 to $3.21 per 100...
View ArticleHearing set to begin next month in lawsuit over county bonds
MERIDIAN — A Lauderdale County judge will hear arguments Sept. 10 in a lawsuit challenging the county’s plan to borrow $14 million for courthouse renovations and for three recreational facilities. The...
View ArticleBank agrees to underwrite bonds for Delta town
LELAND — Planters Bank and Trust Co. will underwrite the sale of $1.5 million in bonds for the city of Leland. The Delta Democrat Times reports the Board of Aldermen accepted the company’s bid this...
View ArticleCity approves bonds for roads for shopping center
D’IBERVILLE — The D’Iberville City Council approved about $17 million in tax-increment finance bonds to build roads around The Galleria shopping center. The council approved the bonds at yesterday’s...
View ArticleSupervisors approve support for building port terminal
PASCAGOULA — The Jackson County Board of Supervisors has voted to support building a $30-million terminal at the Port of Pascagoula to handle wood pellets from a plant that is supposed to be built in...
View ArticleKiOR borrows $25M; avoids defaulting on loan
COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month...
View ArticleDevelopers of a 2nd Coast casino miss financing deadline
MISSISSIPPI GULF COAST — Developers of two proposed casinos for the Mississippi Gulf Coast have missed deadlines to secure financing to build their projects. Tuesday, Rotate Black, which has a site...
View ArticleAg lenders to get updated during Extension/Farm Bureau events
The agriculture lending industry will be schooled on a number of topics during an upcoming series of workshops. Mississippi State University Extension Service and Mississippi Farm Bureau will host the...
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