- Associated Press - Monday, May 23, 2016

MCCOMB, Miss. (AP) - Pike County supervisors plan to borrow millions of dollars for industrial and infrastructure projects.

The Enterprise-Journal reports (https://bit.ly/1TRr0uv) supervisors voted 4-1 Friday to borrow $2.5 million to expand Gateway Industrial Park, make repairs to the Holmesville bridge and remove a closed bridge on Guy Barkdull Road.

County administrator Daniel Calcote said borrowing $2.5 million would require levying a tax increase, which would raise annual property taxes $65 on a $100,000 house.

In 2014, supervisors issued $3 million in bonds to buy and develop 110 acres in the new industrial park. And in 2012 they borrowed $5.5 million to replace several bridges.


Information from: Enterprise-Journal, https://www.enterprise-journal.com



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