A deal is a deal and we are sticking to it. So said the Mississippi Development Authority to developer Andrew Mattiace. Mr. Mattiace asked MDA to modify its approval of a $30 million sales tax rebate for his Renaissance at Colony Park project in Ridgeland. Mr. Mattiace is attempting to build a Costco at the site amid opposition from nearby residents.
The developer apparently requested an extension of the deadline for the completion of the project. MDA regulations state the project must be completed within two years of when the certificate was awarded unless MDA grants an extension. The original completion date was June 10, 2016 but MDA extended the completion deadline to June 10, 2020. The letter to Mr. Mattiace (posted below) states that Mr. Mattiace requested the later date of either two years after all court fights and appeals periods or June 10, 2020.
Mr. Mattiace also asked for permission to sell some of the parcels to third parties. However, the MDA tourism sales tax rebate program requires the holder of the certificate to own the properties upon with the sales tax rebate is based. MDA also refused a request to place some of the incentive payments into a separate escrow account for "the benefit of the city of Ridgeland".
MDA thus told Mr. Mattiace and his two partners, Buster Bailey and Jim Barksdale, that its not granting any more favors.
39 comments:
Better keep a close eye on MDA for may cave in under pressure .It is always fun the watch the 2 faced Barksdale. Mr. wonderful will screw his neighbors and break all the rules when it comes to make a quick buck. Just watch MDA when the Gov. makes a call to them.
So, the all-powerful get a gentle dose of comeuppance? How will Barksdale deal with this? He's not used to being questioned, much less being told 'no'.
Haley Barbour's influence remains on the wane.
The Street Committee says Mr. Netscape's backing of I42 and some democrats fractured their relationship.
Thank God some rich fat cats won't raid the public till for $30 million of our tax dollars at a time when the Legislature's budget cuts eliminated all male chemical dependency beds at the Mississippi Department of Mental Health.
Kingfish, the relationship will be restored by a nice contribution.
Buster Bailey is the closest thing to the mafia this area has. Don't cross him or his mentally handicapped hitman, for lack of a better term, will pay you a visit. Ridgeland is the next South Jackson. I don't understand these idiots buying million dollar homes on one side of the interstate, while the majority of the City is apartments and run down shantys. What do they think is going to happen to their home values? Here's a hint: see South Jackson.
Nope. Ridgeland is in Madison County where the criminal justice system actually works.
Lol @ 10:14
Just wait until the Ridgeland residents start voting.
Madison County...what a world of difference. the suburb with soul
A state takeover of Jackson or a federal takeover of Mississippi would only treat the symptoms of the problem. It's like only blaming the teachers when the kids can't read or stay out of trouble. THE PROBLEMS START IN THE HOME, NOT AT SCHOOL.
As long as Jackson residents elect officials that are more interested in stirring the racial pot and/or lining their own pockets than effectively running the City, things will not change. A State takeover is a short-term solution. Similarly, as long as State officials are more interested in getting re-elected than making tough, meaningful decisions, Mississippi won't move from the back of the bus. It's really not that difficult to understand.
So, let me get this straight: Jim Barksdale's legislative water carriers complain that this specific program takes money from our schools. Yet he not only uses the program, but tries to make the terms more accommodating. Surely, someone somewhere in the MSM would be interested in that. Maybe they could get a quote from the Democratic leaders (Baria or Hughes).
NEJackson is the next South Jackson. The decay is already well underway.
Hughes as a "Democratic leader" only reinforces how impotent the party truly is.
I will never understand the disdain this fan base has for Mr. Barksdale. He has given so much to the State and to education in particular and is not deserving of your criticism.
@12:08, he has done some great things. But, when he pushes the K-12 Kumbaya Crew who complain about this program - and then he tries to use the same program to make money - the hypocrisy is a too much to overlook. Essentially, he is saying "tax breaks for developers hurt our schools. I'm a developer and I want a tax break; but can you give me some extra considerations also?"
11:36, it ain't stopping in NE Jackson, it will continue to head north. See what happens to East Madison in 15-20 years.
Tater will take this and say "hey! I got back $30 million of that little clerical error!"
Tell us, oh Soothsayer at 1:19. We sit at your knee awaiting your book of Revelation. Here, have another Fudrucker Burger.
Hey, sorry 2:22, but that won't help Tater. MDA program essentially gives back a portion of what a development generates. No development, no revenue. Yates can explain it to you.
@3:21 - Don't let facts get in the way of things!
I don't understand the vitriol for Buster (and to a lesser extent, Barksdale). Buster is one of the nicest gentleman that I have ever known. What he as done in the past 15 years since the S & L screwing he took, is truly remarkable. I've know Buster for 20+ years and know of no one who has done business with him who does not have the utmost respect for him. I suspect the root of this anger toward him is jealousy.
Once Ridgeland finishes its demise, the decay will move north. Meanwhile Canton is spreading south. Lookout
Well, thank GOD you're not in charge of ANYTHING, 4:44. With your negativity and outlook, we'd all just better shut down and sit home and wait for end times.
The only thing the Jackson apologists have left is to hope and pray the rest of the metro turns a giant crime infested cesspool just like Jackson.
"Once Ridgeland finishes its demise, the decay will move north. Meanwhile Canton is spreading south. Lookout "
Good Lord! We'll have to put moats and drawbridges both north and south of Madison across I55!
@Jim Galloway. Without the development, there will be $0.00 in the state treasury to be raided. The $30 million you refer to would only exist IF the development occurs. So, its not raiding the treasury for a developer - realize this is a difficult concept for some to absorb that don't like to deal with details and facts, but maybe you ought to try.
Raiding after-the-fact. But TIFs are wonderful things too, right?
Thank you MDA for choosing to follow your own rules. Oh what I would give if only the city of Ridgeland would do the same. Instead, they want to use every trick in the book to illegally twist the rules to benefit a few developers while 2400 petitioning citizens are begging them to "FOLLOW YOUR OWN RULES!!"
Glenn McCullough, thank you for having the integrity to honor your commitment. How about it, Gene? Is it too much to ask you to do the same? GIVE US BACK OUR ORIGINAL C-2 ZONING ALL OVER THE CITY and STICK TO THE RAMP!!! FOLLOW YOUR OWN DANG RULES!!!
Thank you MDA for choosing to follow your own rules. Oh what I would give if only the city of Ridgeland would do the same. Instead, they want to use every trick in the book to illegally twist the rules to benefit a few developers while 2400 petitioning citizens are begging them to "FOLLOW YOUR OWN RULES!!"
Glenn McCullough, thank you for having the integrity to honor your commitment. How about it, Gene? Is it too much to ask you to do the same? GIVE US BACK OUR ORIGINAL C-2 ZONING ALL OVER THE CITY and STICK TO THE RAMP!!! FOLLOW YOUR OWN DANG RULES!!!
9:37; Don't lay it all at the feet of Gene. Ole High-Water-Britches (D.I.) is behind the curtain too. But, a military genius who served during fourteen wars has got to be trustworthy, right?
TO 4:42, I've known Buster Bailey for 63 years and I can not say one good thing about him. I'm not jealous about anything concerning Buster, I have more money than he has and a better life style. I'm sorry you have such a high opinion of him but you need to check around and talk to people who really know him. He is using Jimmy Barksdale and Mattiace to get his projects completed---he would not give either one of those guys the time of day if he did not need them for his ultimate goal. One day it will come out what kind of person he really is and I can say all this because I know him very well !!!!!
10:12, I hope you are true to that sentiment to his face and don't pretend to be a friend and then stab him in the back. A lot of good men being anonymously slandered by a bunch of haters here.
4:08pm....welcome to the internet.
4:08pm. According to the dictionary, It's not slander if the statements are true. Sounded to me like the comments, both good and bad, came from personal experience. I noticed you remained anonymous as well; a bit of the pot calling the kettle black, no?
So, does the "Republican" gubna support this? He does realize what being a Republican actually means, right?
To: 4;08---I assume you don't know Buster. I know him very well and wear my snake boots around him. You will find out very soon what kind of person he is. By the way, I never said he was a friend !
For 3:50---I did not catch your name either or is your name "MR. ANONYMOUS".
10:09, I wasn't the one criticizing those making anonymous comments; that wouod be you! Pot/kettle!
Sometimes the anonymity allows people to be just plane hateful, but sometimes it affords people an opportunity to be more honest. With the good, there is always the bad. The point is, one really shouldn't criticize others for a behavior while engaging in that exact behavior. Pot/kettle.
Anyone ever wonder how Buster got all the land along Highland Colony Parkway? A little history behind Highland Colony Parkway is that the Parkway was built through assessing adjacent landowners for the cost of building the parkway. A number of these adjacent landowners were farmers that could not afford the excessive tax assessment increases. Therefore, they had to sell their remaining land to avoid the taxes. Guess who was right there to pay farmland prices to the farmers for their remaining land. That's right- Buster Bailey. He is now enriching himself selling commercial land at the expense of the farmers.
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