Legislation Details

File #: ID 24-7001    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/29/2024 In control: City Council
On agenda: 2/6/2024 Final action: 2/6/2024
Title: Consider adopting a Resolution declaring the intention of the Mayor and City Council of the City of Laurel, Mississippi, to issue tax increment financing bonds to finance the cost of installing and constructing certain improvements for Grandview Drive and related improvements, in accordance with Chapter 45 of Title 21, Mississippi Code of 1972, as amended, which Grandview Drive Development is a project eligible for tax increment financing according to said act; and that a public hearing be conducted at 9:00 February 20, 2024, in connection with the tax increment financing plan for said project; and for related purposes.
Attachments: 1. RESOLUTION TIF Intent and Public Hearing for Grandview Drive 2.6.pdf, 2. RESOLUTION TIF Intent and Public Hearing for Grandview Drive 2.6.24. Exhibit A

MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET


COUNCIL MEETING DATE: _FEBRUARY 6, 2024 ITEM NO.

ITEM TITLE: POLICY AGENDA

INTRODUCED BY: ADMINISTRATION

CONTACT PERSON/TELEPHONE: MAYOR JOHNNY MAGEE/601-428-6401/EXT.213

SUMMARY EXPLANATION: Title
Consider adopting a Resolution declaring the intention of the Mayor and City Council of the City of Laurel, Mississippi, to issue tax increment financing bonds to finance the cost of installing and constructing certain improvements for Grandview Drive and related improvements, in accordance with Chapter 45 of Title 21, Mississippi Code of 1972, as amended, which Grandview Drive Development is a project eligible for tax increment financing according to said act; and that a public hearing be conducted at 9:00 February 20, 2024, in connection with the tax increment financing plan for said project; and for related purposes.
Body
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EXHIBITS FOR REVIEW

RESOLUTION __X___ ORDINANCE ______ CONTRACT ______ MINUTES ______

PLAN MAPS ______ ORDER ______ OTHER (SPECIFY)


SUBMITTAL AUTHORIZATION: COUNCILPERSON _____ MAYOR ______ CAO ______



COUNCIL ACTION: MOTION BY________________ SECONDED BY__________________

COUNCIL VOTE: YEAS NAYS ABSTAIN ABSENT
JASON CAPERS, WARD 1 ______ _______ ________ _______
KEVIN KELLY, WARD 2 ______ _______ ________ _______
TONY THAXTON, WARD 3 ______ _______ ________ _______
GEORGE CARMICHAEL, WARD 4 ______ _______ ________ _______
ANDREA ELLIS, WARD 5 ______ _______ ________ _______
GRACE AMOS, WARD 6 ______ _______ ________ _______
SHIRLEY JORDAN, WARD 7 ______ _______ __...

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