Oktibbeha County supervisors continued grappling Tuesday morning with the prospect of issuing more bonds to cover a new five-year road work plan.
The Starkville board of Aldermen on Tuesday authorized Starkville Utilities Department to issue up to $22 million in revenue bonds to fund major electric and water system projects.
East Mississippi Community College may have issued bonds for local funding for the Communiversity without the proper authorization resolutions in place.
Oktibbeha County supervisors took the next step Monday toward funding Blackjack Road improvements and are mulling the prospect of issuing up to $10 million in bonds for other improvement projects.
Both Oktibbeha County supervisors and Starkville aldermen continued a process to issue a combined $14 million in general obligation bonds for a new industrial park after no organized protests or objections to the financing package emerged this week.
The Starkville-Oktibbeha Consolidated School District Board of Trustees unanimously approved a $5.49 million bond issuance Tuesday and is expected to issue the remainder of a previously adopted $16 million-maximum intent notice in early 2017.
The city is in the final steps of ironing out a list of road projects to address with a $5 million bond issue, according to city engineer Kevin Stafford.
Oktibbeha County and Starkville are set to issue a combined $14 million in bonds to fund a new industrial park this fall after supervisors approved their half of the issuance notice Monday.
The Columbus City Council unanimously voted to allow the city’s financial counsel to begin forming a finance package for $5 million in general obligation bonds for road paving.
Mississippi state government would borrow $250 million under an agreement between House and Senate negotiators that’s headed to the desk of Gov. Phil Bryant.