Home > Economic Development News > Mississippi Economic Development News – May 18, 2009

Mississippi Economic Development News – May 18, 2009

Land: Eminent domain law works – The political debate over eminent domain laws in Mississippi reached fever pitch in 2009 as part of the national backlash against a U.S. Supreme Court ruling expanding government authority to take private land. Yet, the fact remains that Mississippi’s current eminent domain laws have withstood the tests of time and trial.  http://www.clarionledger.com/article/20090510/OPINION01/905100324/1008/OPINION/Land++Eminent+domain+law+works

The Daily Journal asked (Dr. Phil) Pepper, state economist for Mississippi and assistant commissioner of research and planning for the State Institutions of Higher Learning, about his outlook for the state and national economy, which has been in a recession since December 2007.

Tate County Economic Development Foundation Executive Director Janie Mortimer said, “Rail service is an asset to the community in economic development. We look forward to working with the new owners of this rail line to ensure that our current industries will continue to have a high level of service.”

A letter sent to the Mississippi Development Authority Friday could be bringing assistance to the Natchez-Adams Economic Development Authority.  EDA Chairman Woody Allen said the letter, which was sent from the Natchez-Adams Chamber of Commerce’s economic development committee and EDA, asked representatives from the MDA to come to Natchez to meet with local leaders to find ways to improve the local EDA.

Brookhaven-Lincoln County Chamber of Commerce Executive Vice President Cliff Brumfield said the acquisition of the 66-mile line by Natchez Railway, LLC – an affiliate of Utah-based A&K Railroad Materials, Inc. – could translate into enhanced development options for Linbrook in the future. The line was recently sold to Natchez Railway by Canadian National Railway, which sold a total of 252 miles of track in Mississippi.

Few will question the fact that Mississippi is the birthplace of America’s music, and Tuesday Governor Haley Barbour unveiled new highway welcome signs highlighting that part of the magnolia state’s identity.

The city’s Visitors and Convention Council became alarmed last month when hotel tax revenues were down more than $25,000 compared to the same time last year.  But Jon Maynard, president and CEO of the Greater Starkville Development Partnership, said he has talked with the State Tax Commission and the problem has been discovered.

HEIDELBERG — Things are growing in this Jasper County town and the results can be seen in site work being done near Interstate 59.  Developers anticipate that a hotel and strip mall will be built in the Town of Heidelberg within the next year.

Gov. Haley Barbour and the Mississippi Development Authority will hold a China trade forum in Jackson on May 21.

A “First Impressions” team from the Mississippi State University Community Action Team visited Weir in November 2008 to observe the town from a visitor’s viewpoint.

Partnerships were on the mind of William Walker, executive director of the Mississippi Department of Marine Resources, as the two-day Coastal Development Strategies Conference opened here Tuesday at the IP Casino, Resort and Spa.

Lamar County is the only school district in the state to develop and incorporate economic lesson plans for all grade levels in multiple subject areas.  The plan was developed last year with help from the Mississippi Council on Economic Education, a nonprofit group promoting economic education.

A new tenant is preparing to move into Leflore County’s business incubator.

As Hartley Peavey surveys the economic climate on his company’s 44th birthday, the music-industry magnate is holding fast to the core principles that earned his company the loyalty of a global customer base.

Mississippi has moved up the ranks of bicycle-friendly states from 47th to 24th in just one year, the League of American Bicyclists announced last week.

July 22 – 24 – MEDC Summer Conference, Beau Rivage, Gulfport, MS
Communicate . Educate . Innovate . A Beacon for the Future www.medc.ms

Carol Hardwick, Executive Director
Mississippi Economic Development Council, Inc. (MEDC)
601-352-1909 . carol@medc.ms . www.medc.ms

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