msbusiness.com

Via msbusiness.com

That does not include 75 luxury condominiums, which would be the final phase, Herring said. Kerioth would get an 80 percent rebate of sales tax for up to 15 years or when up to 30 percent of project costs is reached, whichever is earlier. Herring said he is confident that the Mississippi Development Authority will approve Kerioth’s application “because we meet or exceed everything that’s required.” The certification for participation in the program will take about 60 days, Herring said.

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