Hattiesburg City Council approves increasing TIF bonds for Distr - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Hattiesburg City Council approves increasing TIF bonds for District at Midtown project

HATTIESBURG, MS (WDAM) -

The Hattiesburg City Council voted Tuesday to increase the amount of money it spends to kickstart the District at Midtown Development.

Kim Bradley, president of the Hattiesburg City Council, said the city always intended to help reimburse developer Rob Tatum for the project through a Tax Increment Financing District (TIF).

However, after Tatum was not fully approved for funding through a program with the Mississippi Development Authority (MDA), he came back to the council looking to offset the cost.

Mayor Johnny DuPree said supporting development through TIF districts allows the city to benefit from infrastructure improvements without having to build them itself.

"The upgrades that we get, like sidewalks, streets, water, sewer, drainage are things that are paid for hopefully by the development itself, and things that the we wouldn't actually have to go back and pay for," DuPree said.

DuPree, the council and the Area Development Partnership said this kind of revitalization and development in Midtown is important to connect the city and spur other developer to build in Hattiebsurg.

Ginger Maddox, planning manager at city of Hattiesburg, said the project is the first of its kind for the city.

Copyright WDAM 2016. All rights reserved.

  • Local NewsLOCALMore>>

  • USM downs visiting North Texas, 85-78

    USM downs visiting North Texas, 85-78

    Saturday, January 20 2018 9:03 PM EST2018-01-21 02:03:46 GMT

    Junior guard Tyree Griffin scored a career-high 29 points as the University of Southern Mississippi downed the North Texas University 85-78 Saturday evening at Green Coliseum..

    More >>

    Junior guard Tyree Griffin scored a career-high 29 points as the University of Southern Mississippi downed the North Texas University 85-78 Saturday evening at Green Coliseum..

    More >>
  • Dupree, Marx, remember deadly Jan. 21 tornado as anniversary nears

    Dupree, Marx, remember deadly Jan. 21 tornado as anniversary nears

  • Hailes, Brown spark Lady Eagles past MTSU, 61-53

    Hailes, Brown spark Lady Eagles past MTSU, 61-53

    Saturday, January 20 2018 7:32 PM EST2018-01-21 00:32:41 GMT
    (Photo source: USM)(Photo source: USM)

    University of Southern Mississippi sophomore guard Shonte Hailes posted her first double-double of the season Saturday afternoon with a game-high 20 points and a career-best 13 rebounds and junior swingman Megan Brown added 10 points and six rebounds in a 61-53 win over Middle Tennessee State University.

    More >>

    University of Southern Mississippi sophomore guard Shonte Hailes posted her first double-double of the season Saturday afternoon with a game-high 20 points and a career-best 13 rebounds and junior swingman Megan Brown added 10 points and six rebounds in a 61-53 win over Middle Tennessee State University.

    More >>
Powered by Frankly