Tuesday, 25 February 2014

Hinds County eyes Metrocenter mall property


Hinds County supervisors are looking at the possibility of purchasing or leasing a portion of south Jackson's Metrocenter mall for relocation of some county offices.


The Clarion-Ledger reports (http://on.thec-l.com/1mEEAWU) county officials voted to borrow up to $8 million to finance the transaction.


It would become another governmental entity occupying space at the mall constructed in 1978, joining the city of Jackson, the state Department of Public Safety and the U.S. Army.


All of the mall's property except the four anchor store properties is available for sale or lease with the selling price being $6 million.


If a transaction were to take place, Hinds County Board of Supervisors attorney Pieter Teeuwissen said the intent would be for lease payments from retailers in the mall to be used to pay back the bonds.



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