Monday, January 11, 2016

Airport makes deal with Freedom Real Estate

The Jackson Municipal Airport Authority issued the following press release:

Jackson, Miss. – At the Special Meeting of the Board of Commissioners for the Jackson Municipal Airport Authority held last month, the Board voted to enter into an Option to Lease agreement with Freedom Real Estate, LLC, a Mississippi limited liability company. The Option gives Freedom up to 270 days to decide whether to lease up to 130 acres of property owned by the Jackson Municipal Airport Authority.

Freedom Real Estate, LLC approached the Jackson Municipal Airport Authority and ultimately submitted an unsolicited proposal for an exciting opportunity for the Airport, the City of Flowood and Rankin County. The proposed commercial and retail development project also includes, but is not limited to, clothing and apparel, sporting goods, restaurants, jewelry, household goods, and banks. The Project site is bound by Lakeland Drive on the north and Airport Road to the west, excluding the Parkway Shopping Center.

The proposed project included financing components that are time sensitive and necessitated an expedited evaluation and decision by the Board of Commissioners for JMAA to move forward with the Option to Lease Agreement.

Manager and principal owner, Ron Harvey, Jr. is a graduate of Jackson State University and the Mississippi State University School of Engineering.

The Jackson Municipal Airport Authority is not selling but only leasing the land to Freedom Real Estate. Since the Project is not that of the JMAA but rather is that of Freedom Realty, the developer will assume all risks of the development.

To date, appraisers have not yet been identified or hired in that Freedom Realty presently has only an Option to Lease the property. Freedom Real Estate has not decided to exercise that Option. If and when Freedom decides to exercise that Option, JMAA will hire appraisers to determine the fair market value of the property for lease.
All phases of the Project, including the so-called “assessment phase” will be financed by Freedom Real Estate, LLC. It is Freedom’s Project. The Jackson Municipal Airport Authority will essentially be Freedom’s landlord.

Kingfish note: Now where have we heard of this company before? Oh yes, Freedom applied for a $48 million sales tax rebate from MDA.  They will also be using a $7 million TIF.     See page 35 in this post.

Posted by Kingfish at 4:29 PM

14 comments:

Anonymous said...

No way this happens. No how. Goodbye JMAA. The full weight of Rankin County Republican heft is about to shit on your head.

January 11, 2016 at 4:41 PM
Anonymous said...

Is this where the flowood wine sto is going?

January 11, 2016 at 6:31 PM
Anonymous said...

You'll know Jacktown is about to lose the airport when JMAA starts churning out these deals more frequently than arrivals and departures at ATL.

January 11, 2016 at 6:40 PM
Anonymous said...

The scam is to lease the land so that Jackson can try to lay claim to the sales taxes generated. What is crazy is their thinking that they could get away with it.

January 11, 2016 at 8:44 PM
Anonymous said...

1.Freedom's application was for land much further east than the airport property- I am sure MDA will not approve a change at this point.

2.JMAA received some fine legal advise on issuing this option- I am surprised it was never advertised for competitive proposals...cant imagine Mr Walker not recommending that.

3.Mr Fish- can you get a copy of this here option the next time you are getting all your FOIA request done?

January 11, 2016 at 9:00 PM
Anonymous said...

Pretty bright really.

State wants to divest Jsckson of the airport?

The governing board ties up all the real estate for decades.

Thats good thinking

January 11, 2016 at 9:18 PM
Anonymous said...

Just wait till stokes and associates start uses the R card by claiming the Republicans want to change the airport name....this will stoke (no pun intended) the flames, rally their base and get naacp involved. It's a coming...... get your popcorn ready.....

January 11, 2016 at 9:34 PM
Survey This said...

'Bounded by Lakeland to the north and Airport Road to the West'. My God! What a stupid description. That's roughly ten thousand square acres.

January 12, 2016 at 5:56 AM
Anonymous said...

the national trend is for surrounding communities to supply more funds for the always broke and soon to be bankrupt cities they rely on for medical services and culture. the same big government politicians who want a regional airport will do all they can to cut state funding and push the burden somewhere else. we are in the midst of a long slow economic death the current political process is unable to address. bad timing for Mississippi to be a federal government dependent welfare state.

January 12, 2016 at 7:13 AM
Anonymous said...

Another attempted left wing conspiracy, which the Jackson mayor and city council were not doubt apprised of. They're pissing on the publics back, and calling it rain.

January 12, 2016 at 7:54 AM
Anonymous said...

"2.JMAA received some fine legal advise on issuing this option- I am surprised it was never advertised for competitive proposals...cant imagine Mr Walker not recommending that."

So you're saying a couple of personal injury attorneys HAVE NO IDEA WHAT THEY'RE DOING????? Shocking indeed.

January 12, 2016 at 8:01 AM
Anonymous said...

Change the name to "Mississippi Barbour-Evers International Airport," put up some billboards around Jackson announcing the change, and watch Stokes's head literally explode.

Sounds like a win for all concerned.

January 12, 2016 at 8:07 AM
Anonymous said...

Just another reason the state is trying to grab the airport from Jackson. No doubt Flowood and Pearl do not want the sales tax competition. Phil also wants Butler Snow to be the bond attorneys. After all, they employed his daughter for a few years until Phil pushed her on the new Board of Supervisors in Madison County.

January 12, 2016 at 9:14 AM
Anonymous said...

For the harpie at 9:14: Didn't you get it out of your system on multiple Madison County threads the other day. Still purging?

January 12, 2016 at 9:44 AM

Post a Comment

Subscribe to: Post Comments (Atom)

Recent Comments

Loading...

Search Jackson Jambalaya

Subscribe to JJ's Youtube channel

Archives

Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).

Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.