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Lowndes County pursuing second mega deal.

Publication: Mississippi Business Journal
Publication Date: 27-FEB-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
COLUMBUS -- Earlier this month, Lowndes County supervisors agreed to take action toward issuing $23 million in bonds for The Crossroads, a 1,958-acre megasite west of the Golden Triangle Regional Airport (GTRA) that officials hope to soon have certified automotive-ready by the Tennessee Valley Authority (TVA).

After a 30-day public comment period, the bond issue would be ready on St. Patrick's Day, March 17, and the county would have 24 months to issue the bonds for the site located near the SeverCorr plant now under construction. The bond proceeds would purchase the property and fund basic infrastructure and site preparation work.

"We didn't have any problem the last time we did this (for the first TVA-certified megasite), and we don't anticipate any problems...

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