Legislation Details

File #: ID 24-7259    Version: 1 Name:
Type: Resolution Status: Passed
File created: 6/11/2024 In control: City Council
On agenda: 6/18/2024 Final action: 6/18/2024
Title: Consider adopting a Resolution of the Mayor and City Council of the City of Laurel, Mississippi, determining the necessity for and invoking the authority granted to Municipalities by the Legislature with respect to tax increment financing as set forth in Section 21-45-1 ET Seq., Mississippi Code of 1972, as amended; determining that the Tax Increment Financing Plan for Grandview Drive, City of Laurel, Mississippi, January 2024, as amended and restated June 2024, proposes a project that is eligible for tax increment financing under the laws of the State of Mississippi; that a public hearing be conducted on July 02, 2024 at 5:30 p.m. in connection with said amended and restated TIF Plan, and for related purposes.
Attachments: 1. Resolution - Laurel MS (Hobbs Autoplex - Cannon TIF Project) - City Resolution Setting Public Hearing, 2. Exhibit A - Amended Restated TIF Plan Grandview, 3. Exhibit B - Notice of Public Hearing

 

MUNICIPAL DOCKET

CITY OF LAUREL
FACT SHEET

                                                                                                                                                                                                                                                            

 

COUNCIL MEETING DATE: June 18, 2024                                                                             ITEM NO.                                          

 

ITEM TITLE:  Policy Agenda

 

INTRODUCED BY:                     Administration

 

CONTACT PERSON/TELEPHONE:  Kristal Jones, MMC, City Clerk’s Office, 601.428.6434

 

SUMMARY EXPLANATION: Title

Consider adopting a Resolution of the Mayor and City Council of the City of Laurel, Mississippi, determining the necessity for and invoking the authority granted to Municipalities by the Legislature with respect to tax increment financing as set forth in Section 21-45-1 ET Seq., Mississippi Code of 1972, as amended; determining that the Tax Increment Financing Plan for Grandview Drive, City of Laurel, Mississippi, January 2024, as amended and restated June 2024, proposes a project that is eligible for tax increment financing under the laws of the State of Mississippi; that a public hearing be conducted on July 02, 2024 at 5:30 p.m. in connection with said amended and restated TIF Plan, and for related purposes.

 

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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                                           ______            _______          ________            _______

 

                                                                                                                                                                                                                                                            

ACTION TAKEN: