tag:blogger.com,1999:blog-2447438783001404385.post6124655256689047348..comments2024-03-28T08:50:16.189-05:00Comments on Jackson Jambalaya: Rumble in Ridgeland over Lowe's TIFs tonight. Kingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-2447438783001404385.post-6653706184936904162015-09-02T13:56:11.042-05:002015-09-02T13:56:11.042-05:00Thanks, 12:46. You would think the CL would includ...Thanks, 12:46. You would think the CL would include that in their story..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-48356483023968486062015-09-02T13:37:08.026-05:002015-09-02T13:37:08.026-05:00All of the residents of the entire city of Ridgela...All of the residents of the entire city of Ridgeland should thank Ridgeland Citizens for Responible Development for defeating the property tax increase last night!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-2808520377654578622015-09-02T12:46:29.830-05:002015-09-02T12:46:29.830-05:00Ramsay was the alderman who made the motion to kee...Ramsay was the alderman who made the motion to keep the current millage rate. Scott Jones and Wes Hamlin were the two aldermen who voted against it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-50007615168698157352015-09-02T11:18:14.656-05:002015-09-02T11:18:14.656-05:00Does anyone know which two Alderman voted for the ...Does anyone know which two Alderman voted for the tax increase? Or, technically speaking, which two voted against Hamlin's motion not to raise the millage rate?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-78829324987137349292015-09-02T08:39:40.218-05:002015-09-02T08:39:40.218-05:00Well, how much revenue to the city of Ridgeland di...Well, how much revenue to the city of Ridgeland did a Lowe's bring to Ridgeland's economy><br /><br />That has to be the question asked.<br /><br />And, the second part is why aren't the revenues going first to satisfy the bond debt? <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-5019700769634147092015-09-02T06:53:44.247-05:002015-09-02T06:53:44.247-05:00The shelf-life of this type store foremat has expi...The shelf-life of this type store foremat has expired. Mix that fact with part time employees who can barely tell you where the restroom is, unknowledgeable whales wandering around in company shirts and a store manager who can't spell his job title and, Mission Director, we have a problem in Houston. <br /><br />And there is too much stolen shit on the market in this area, barely out of the box, like new, very cheap. To Summarize....noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-69815542476549217622015-09-02T01:15:32.921-05:002015-09-02T01:15:32.921-05:00One has to wonder how much Mattice etal are "...One has to wonder how much Mattice etal are "contributing" to the good Mayor Magoo and his minions for all these great deals and bailouts. How much has Ridgeland already paid in TIF shortfalls for the Lowes deal? And how much has Madison County paid for the boondoggle Parkway East? If only we had an honest and competent state auditor and attorney general that could/would follow the money....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-37394862876892986162015-09-01T22:49:24.138-05:002015-09-01T22:49:24.138-05:00Attorney could not say that city actions were lega...Attorney could not say that city actions were legal. Could not site statute saying acting were legal. B/A did not know if their actions were legal. What a way to run a city? We do not have time to get legal opinions. We just do what we want to do.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-43288821279556434032015-09-01T18:32:31.849-05:002015-09-01T18:32:31.849-05:00Shorter 6:06 - not smart enough to drive on County...Shorter 6:06 - not smart enough to drive on County Line Rd. <br /><br />Bet the HCP roundabout thwarts you, too. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-22943006673311302372015-09-01T18:06:08.503-05:002015-09-01T18:06:08.503-05:00Mayor Yarbor doesn't listen or never watched C...Mayor Yarbor doesn't listen or never watched Costco's presentation in Ridgeland. They want acreage and excellent road access to the store. Countyline on a good day is horrible. If your in the wrong lane, you're going to miss your turn and then....you get to travel somemore, catch a light or 2, make a u-turn and start all over. Do you really do really want gas pumps in the middle of that parking lot? Then you have the question of demographics (which Costco initiated) and to top it off, the city always requires the company to hire 20% of the companies workforce pre and post construction from Jackson. It's an impossible sell. Anywhere along 220 or on 55 and the crime rate is way too high. Armed guards inside and armed security outside with shotguns doesn't give shoppers a warm fuzzy welcome.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-52540094927672772862015-09-01T17:30:52.227-05:002015-09-01T17:30:52.227-05:00Yeah! I've also heard that Tony loves baloney...Yeah! I've also heard that Tony loves baloney sandwiches.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-88782812810837197162015-09-01T16:25:58.260-05:002015-09-01T16:25:58.260-05:00Ridgeland may lose Costco yet! I heard Mayor Yarbe...Ridgeland may lose Costco yet! I heard Mayor Yarber is currently attempting to reel Costco back into Jackson, by having them locate in the soon-to-be-vacated Best Buy building.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-87420206113962959522015-09-01T14:41:24.447-05:002015-09-01T14:41:24.447-05:00According to filings on the Mississippi Secretary ...According to filings on the Mississippi Secretary of State's website, LR Company, LLC was dissolved as a corporation effective May 4, 2013, which is prior to the date Jerry Mills sued them on behalf of the city. (Way to go Jerry, really on top of things there.) Does that make any release LR Company subsequently signed with the City of Ridgeland void or voidable, since LR Company no longer existed? Can Ridgeland go back now and still try to get the money from Mattiace directly, since he was the managing member of LR Company,LLC, but he no longer enjoys the LLC protection since it was dissolved ?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-7863691722707325502015-09-01T14:17:19.080-05:002015-09-01T14:17:19.080-05:00Only thing missing is the Malachi pimps though the...Only thing missing is the Malachi pimps though they are awfully busy whoring out Jackson and Hinds.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-82365352947768302382015-09-01T14:07:05.244-05:002015-09-01T14:07:05.244-05:00I would have thought Ridgeland would require more ...I would have thought Ridgeland would require more intelligent, qualified elected officials than what we have witnessed lately. If one has no idea what one is doing, at least one could be honest in ones incompetence.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-50502098950857445832015-09-01T14:02:16.928-05:002015-09-01T14:02:16.928-05:00Very little financial benefit except to the bond l...Very little financial benefit except to the bond lawyers and finance people to refinance. Must be extending the term substantially. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-22505517229442620692015-09-01T13:58:12.793-05:002015-09-01T13:58:12.793-05:00What is wrong with you? When did economic developm...What is wrong with you? When did economic development become a bad thing? Wait...don't answer that by repeating the same lies. You should all get out more, travel the country, stop along the way, enjoy yourselves. If not to see successful parts of the country, then to give yourselves something else to do. Get a life! You're doing nothing but sharing erroneous information and giving bored housewives and househusbands a project. This has become a personal manhunt with no accountability. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-83498243498243070962015-09-01T13:53:22.603-05:002015-09-01T13:53:22.603-05:00@10:49
There is no recall process for local electe...@10:49<br />There is no recall process for local elected officials in Mississippi. I already checked.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-30493282013402780232015-09-01T13:50:49.811-05:002015-09-01T13:50:49.811-05:00Does the refi turn these bonds into general oblig...Does the refi turn these bonds into general obligations of Ridgeland? Or were the original TIF bonds already g.o. bonds? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-60015443280066124562015-09-01T13:40:10.650-05:002015-09-01T13:40:10.650-05:00Is it legal for a municipality in Mississippi to s...Is it legal for a municipality in Mississippi to sell bonds to refinance uncollectible debt?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-86134021977711476042015-09-01T13:20:53.391-05:002015-09-01T13:20:53.391-05:00Ridgeland at best seems to have an inept & inc...Ridgeland at best seems to have an inept & incompetent board of puppets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-75865569128576414472015-09-01T12:23:04.454-05:002015-09-01T12:23:04.454-05:00Speaking of projects, what about Harbor Walk? Re...Speaking of projects, what about Harbor Walk? Remember the cluster fruck when they closed Harbor Drive? What happened to the bonds on this one? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-42327370421555565202015-09-01T12:11:55.035-05:002015-09-01T12:11:55.035-05:00What's the point of this conversation? There r...What's the point of this conversation? There really is no sensible alternative. Y'all are farting in a whirlwind. Bike Trailnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-28772597896647441022015-09-01T11:45:35.345-05:002015-09-01T11:45:35.345-05:00@10:58 - as you state, the proposed action to refi...@10:58 - as you state, the proposed action to refinance the bonds is meant to minimize the damage already done to the city finances. Meaning the 1.9 million in principle being refinanced is scheduled to be paid probably within the next ten years, originally with money from LR, and now with money the city doesn't have and likely won't have in the near term. So this proposal lets the city call those short term bonds and then reissue bonds with up to 30 year maturities, at no interest savings. Then the city will have bonds they are paying back long after the original project become economically useful, as Lowes will be gone long before the final bonds are paid off. I fail to see how this helps the city, when the board is going to be voting to put the burden on future residents of Ridgeland who aren't even going to benefit from the project. Of course this is how governments work, spending money now and leaving it to someone in the future to pay the mess off, just like the 2005 board did. The true economic solution is for the City to just keep the old bonds, admit they were hosed in 2005 by faulty projections, and add it to the sales tax. But by doing this, a real cost is imposed on the taxpayers, and then they can clearly see what years of incompetent city government does. Because their is no free lunch. Like the old commercial says "You can pay me now, or you can pay me a whole lot more later" Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-27160844588808081862015-09-01T11:10:52.515-05:002015-09-01T11:10:52.515-05:00Is KF going to post video of this meeting? Hope so...Is KF going to post video of this meeting? Hope so! It will be interesting to see the public interest in this matter vs the Costco fiasco. Should be standing room and remote viewing only. If it's not, then it just proves the residents against Costco are only interested in their bike trails and self serving attitudes.Anonymousnoreply@blogger.com