It has now been approved and on the way to the Gov.
1. If these are county bonds, and the state has no responsibility/guarantees, then why is there even a bill to go to the governor. 2. It says that the county will OWN the buildings. Why. Isn't their a private developer willing to put them up? 3. The main reason that industrial development bonds began decades ago was to take advantage of the lower interest rates that governments paid to borrow, as opposed to corporations. Along with that came the additional break from the lower rates that state and municipal tax-exempt bonds enjoyed compared to corporate and Treasury bonds.
Interest rates art are at decades level lows..in addition , I suspect that Nissan's credit rating now is BETTER than Mississippi's.
Didn't the good people of Miss.. learn ANYTHING from the Jackson County multi-billion bankruptcy?