Aldermen agree to amend TIF for Nicholas hotel
A tone of both optimism and stern warning fueled Vice Mayor Roy A. Perkins’ support Tuesday for a measure to amend the city of Starkville’s tax-increment financing agreement with the Cotton Mill Hotel Group.
Hotel approval still in limbo after meeting fails to produce quorum
An attempt to provide developer Mark Nicholas with a new public financing option for his anticipated boutique hotel project failed Tuesday as a special-called meeting lacked a quorum of aldermen, but Ward 2 Alderman Lisa Wynn says she’ll call for another gathering before June 6’s regularly scheduled board meeting, which also coincides with election day.
Documents: Nicholas seeks tourism rebate for hotel, won’t pursue local TIF funds
Starkville aldermen could approve a new incentive package for developer Mark Nicholas’ Cotton Mill hotel project Tuesday that would negate a previous tax increment financing pledge.
Nicholas could face fines for unfinished Cotton Mill paving
Developer Mark Nicholas could get a bill from Starkville after missing a deadline to complete infrastructure improvements associated with the October acceptance of his Cotton Mill Marketplace plat.
Questions remain with Nicholas’ hotel project
The viability of developer Mark Nicholas’ 117-bed hotel project is still unknown after a legal notice scheduling a new foreclosure sale of its 2-acre site next month was published Tuesday.
Nicholas gets TIF money despite issues
Developer Mark Nicholas received about $909,000 in tax increment financing reimbursements from Starkville after the board of aldermen accepted his Cotton Mill Marketplace plat Tuesday despite future upkeep worries for a private road connecting the development to public infrastructure.
Starkville planning commission OKs University Inn project … again
A public hearing Tuesday on the proposed University Inn renovation project pitted developers and supporters of the venture against representatives of the CottonMill Marketplace development, who spoke out in opposition.