File #: ID 23-6939    Version: 1 Name:
Type: Resolution Status: Passed
File created: 12/5/2023 In control: City Council
On agenda: 12/5/2023 Final action: 12/5/2023
Title: Consider adopting a Resolution authorizing 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 Cannery Row Project to raise money for the purpose of providing funds for certain infrastructure improvements relating to the Cannery Row Project, and for related purposes.
Attachments: 1. Laurel MS TIF Cannery Row Resolution, 2. Laurel MS TIF Butler Snow Services, 3. Laurel TIF (Cannery Row Project)(2024) - City MA (IRMA) Disclosure Eng Ltr (12.5.23)

 

MUNICIPAL DOCKET

CITY OF LAUREL
FACT SHEET

                                                                                                                                                                                                                                                            

 

COUNCIL MEETING DATE: ___12/5/23____                                 ITEM NO.  _____

 

ITEM TITLE:                                            Policy Agenda

 

INTRODUCED BY:                     Administration

 

CONTACT PERSON/TELEPHONE:                       Mary Ann Hess, MMC

 

SUMMARY EXPLANATION: Title

Consider adopting a Resolution authorizing 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 Cannery Row Project to raise money for the purpose of providing funds for certain infrastructure improvements relating to the Cannery Row Project, and for related purposes. 

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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 TAKEN: