Legislation Details

File #: ID 24-7011    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/30/2024 In control: City Council
On agenda: 2/6/2024 Final action: 2/6/2024
Title: Consider adopting a Resolution of the Mayor and the City Council of the City of Laurel, Mississippi ("The City"), authorizing the employment of certain professionals in connection with the preparation of a tax increment financing plan, a development agreement, a Regional Economic Development Alliance Agreement, and related documents, and the issuance of tax increment financing bonds, of the City for the Hobbs Autoplex Project, to raise money for the purpose of providing funds for certain infrastructure improvements relating to the Hobbs Autoplex Project, and for related purposes.
Attachments: 1. Laurel MS TIF (Hobbs Autoplex Project) (2024) (234529) - City Engagement Resolution, 2. Laurel MS TIF (Hobbs Autoplex Project) (2024) (234529) - Butler Snow Engagement Letter

MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET


COUNCIL MEETING DATE: ___2/6/24__ ITEM NO.

ITEM TITLE: Policy Agenda

INTRODUCED BY: Administration

CONTACT PERSON/TELEPHONE: Mary Ann Hess, MMC

SUMMARY EXPLANATION: Title
Consider adopting a Resolution of the Mayor and the City Council of the City of Laurel, Mississippi ("The City"), authorizing the employment of certain professionals in connection with the preparation of a tax increment financing plan, a development agreement, a Regional Economic Development Alliance Agreement, and related documents, and the issuance of tax increment financing bonds, of the City for the Hobbs Autoplex Project, to raise money for the purpose of providing funds for certain infrastructure improvements relating to the Hobbs Autoplex Project, and for related purposes.
Body
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EXHIBITS FOR REVIEW

RESOLUTION ______ 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 ______ _______ ________ _______


ACTION ...

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