Ad Spot

City approves waivers for developers investing $4 million or more in projects

Developers looking to invest $4 million or more in construction in Vicksburg will get a break in their building fees under a new ordinance approved Monday by the Board of Mayor and Aldermen.

“This is a game-changer,” Mayor George Flaggs Jr. said. “This is how you incentivize the opportunity for developers to come to your city and develop in your city.”

The ordinance becomes law 30 days after it has been published. Under the ordinance, the city will waive the building permit fees, application fees, tapping fees and utility connection fees for any developer investing $4 million or more in new construction or renovations in the city.

The waiver applies to the cost of construction, not the purchase price of the property or any professional fees involving the property.

“It’s not a big-ticket item for those builders but sometimes that’s the thing that makes it work on the builder’s side,” City Attorney Nancy Thomas said.

After the meeting, Flaggs said five developers contacted him with projects involving an investment of $4 million or more.

One of those projects is the proposed plan to develop condominiums in the downtown area on Mulberry and Washington streets representing an investment of $10 million to $11 million. Flaggs declined to name the other four projects.

“I’ll just roll them out as they’re ready to move forward,” he said.

In other action, the board approved resolutions upgrading the lights in the Fostoria and Wildwood neighborhood to LED lights. Under the resolution, the residents in the neighborhood agreed to pay $32.61 per light to have the LEDs installed.

Fostoria is getting 44 lights at a total cost of $1,434.84. Wildwood’s total cost is $1,304.40 for 40 lights.

About John Surratt

John Surratt is a graduate of Louisiana State University with a degree in general studies. He has worked as an editor, reporter and photographer for newspapers in Louisiana, Mississippi and Alabama. He has been a member of The Vicksburg Post staff since 2011 and covers city government. He and his wife attend St. Paul Catholic Church and he is a member of the Port City Kiwanis Club.

email author More by John

Downtown Vicksburg

Photo gallery: Miss Mississippi’s Miss Outstanding Teen Competition returns

Local

Chili Feast raises thousands in scholarship funds

COVID-19

Nearly a quarter of Warren County residents now fully vaccinated

COVID-19

COVID-19 cases in Warren County see slight surge

COVID-19

State Health Officer: No link between politics, vaccine hesitancy

Business

Profile 2021: A glimpse of the ‘grande’ Hotel Vicksburg

Downtown Vicksburg

Cause of Friday’s Grammar Street house fire remains undetermined

Local

Volunteers clean, preserve battlefield markers at Vicksburg National Military Park

Local

Public records: Recent deeds, marriage licenses filed with Warren County

Local

Gates at Steele Bayou Control Structure opened

Downtown Vicksburg

Volunteers needed: Citywide cleanup scheduled for Earth Day

Local

Moving ahead: Work under way on completing backwater pumps project

BREAKING NEWS

Grammar Street home engulfed in blaze

Crime

Vicksburg man arrested, charged in connection to Thursday’s shooting

Crime

Inmate escapes Claiborne County Jail through the roof

Local

Tuition to go up at most Mississippi public universities

Local

Officials: Knocked over candle ignites morning apartment fire

Local

Argument between two men on Washington Street leads to shooting

Crime

Crime reports: Vicksburg man faces felony DUI charge

Local

Vicksburg’s Brown reappointed to Mississippi State Personnel Board

Crime

Police, medical units responding to shooting on Washington Street

Crime

Officials release photo in case of dog found dead in floating wire cage

Crime

Vicksburg man, wanted for attacking ex-girlfriend, in custody

Local

Vicksburg firefighters graduate Mississippi State Fire Academy