Holmes County herald., 1960-05-05

DEVELOPMENT: TO ISSUE
TWO HUNDRED FIFTY
THOUSAND DOLLARS ESQ.,
OOO.S IN BONDS FOR SAID
INDUSTRIAL DEVELOPMENT
kJD DIRECTING THE CAL
LNG IND HOLDING OF AN
ELECTION TO DETERMINE
WHETHER SAID CITY SHALL
ENTER UPON SAID INDUS
TRIAL DEVELOPMENT AND
WHETHER SAND CITY SHALL
ISSUE IT'S BONDS FOR SAID
PURPOSE.
WHEREAS. the Mayor and
Board OF Aldermen of the City
OF Durant. Holmes County, Mis-
sisSippl, acung herein under the
laws OF the State of Mississippi
and particularly under the pro-
visions of Chapter 241. Laws of
1914, as amended, pursuant to
the Certificate of public con-
venience and necessity issued
by the Mississippi Agricultural
and Industrial Board and sub
Ject to the result of an election
at which the qualified electors
OF said municipality may vote,
does hereby find and adjudicate
the need for acquiring, owning,
operating and leasing a gar
ment manufacturing type manu-
featuring plant found suitable to
the needs of the municipality,
In SUCH sum as will not exceed
~ percent of the assessed val
uation of taxable property with
IN the City of Durant, Holmes
County, Mississippi, and as fix
ed In the Certificate of Public
Convenience and Necessity"
which said certificate reads as
follows:
CERTIFICATE OF PUBLIC
CONVENIENCE AND NECES-
STTY
BEFORE THE EXECUTIVE
COMMITTEE OF THE
MISSISSIPPI AGRICULTURAL
AND INDUSTRIAL BOARD
IN THE MATTER OF
THE APPLICATION OF THE
MAYOR AND BOARD OF
ALDERMEN, CITY OF DUR
ANT. HOLMES COUNTY.
MISSISSIPPI, FOR A CERT
FICATE OF PUBLIC
CONVENIENCE AND NECES-
STTY FOR INDUSTRIAL
DEVELOPMENT NO 900
ORDER GRANTING CERT
FTCATE OF PUBLIC
CONVENIENCE AND NECES-
STTY AFTER HEARING
WHEREAS there has here
tofore been established in the
City of Durant. Holmes County,
Mississippi, an industrial enter
prise which is now being opera
ted as a garment manufacture
ing type of industry by Durant
Sportswear. Inc. and,
WHEREAS. on the 3rd day
OF March. 1850. the Mayor and
Board of Aldermen of the CITY
OF Durant. Holmes County, Mis-
slsSipp1, acting for and on be-
half of the City of Durant, Hol-
mes County, Mississippi, made
application to the Mississippi
agricultural and Industrial Bo-
ard for a Certificate of Public
Convenience and Necessity for
the Industrial development of
said City Of Durant. Holmes
County, Mississippi by the ex-
pansion and enlargement of the
said industrial enterprise: and.
WHEREAS, the Executive
committee of the Board has
made investigation to determine
whether said City of Durant.
Holmes County, Mississippi, has
sufficient resources. available
labor supply, adequate property
values. and suitable financial
conditions TO permit said mum
lclpaIIty to expand and enlarge
said Industrial enterprise with
out undue burden upon said
municipality and the citizens
thereof, reference being hereby
made to all files and records
OF this Board of such i~nvestiga-
non IN full aid hereof as though
copied herein in full;
NOW, THEREFORE, the
Executive Committee of the
Board finds as a matter of fact
that the natural resources read
lily and economically available
and obtalnable in the territory
OF the City of Durant, Holmes
County, Mississippi, the avail
able labor supply, the property
values, and the financial condi-
ton OF said City of Durant Hol
mes County, Mississippi viii
permit and authorize said City
OF Durant. Holmes County. Mis-
'Slsslppl, TO expand and enlarge
sad garment manufacturing