MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET
COUNCIL MEETING DATE: ___3/5/24___ 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 City Council of the City of Laurel, Mississippi approving the forms of and authorizing the execution and delivery of an interlocal cooperation agreement and a development and reimbursement agreement in connection with the issuance by the City of its tax increment financing bonds in an aggregate principal amount of not to exceed two million dollars ($2,000,000), for the purpose of providing financing for all or a portion of the costs of certain infrastructure improvements in connection with a redevelopment project within the City; 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: