Hearing for $34 million bond delayed to Jan. 29
Published 1:01 am Friday, January 19, 2018
NATCHEZ — Hearings for validation of a $34 million bond for the Natchez-Adams School District have been moved to Jan. 29.
The hearing provides the public a means to submit any written objections to the proposed borrowing of $9 million and a $25 million lease agreement to build a new public high school and rehabilitate existing buildings in the district.
Winter weather postponed the original hearing in Adams County Chancery Court that was originally to be held on Wednesday.
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The hearing for the Mississippi Trust Certificates not exceeding $25 million will be held at 9 a.m., Jan. 29, at the Adams County Courthouse.
The hearing for the limited tax notes not exceeding $9 million will be held at 9:30 a.m. that same day.
Any objections to the validation of the issuance of the Mississippi Trust Certificates and Mississippi Limited Tax Notes must be filed before the time of the meetings on Jan. 29.
Thus far, Chancery Clerk Brandi B. Lewis has received one written objection to the validation of the tax notes and a motion for recusal of the chancellors of the court.
Adams County resident Kevin Wilson filed both the objection and the motion for recusal.
Wilson’s objection purports that the process by which the $9 million tax notes were authorized violated Mississippi state laws as well as the Fifth Amendment of the United States Constitution.
Wilson requests that the tax notes be declared “invalid and therefore unlawful.”
The motion for recusal, also filed by Wilson, requests that the judge assigned to oversee the validation of the $9 million bond and the appointment of a special judge by the Mississippi Supreme Court.
Wilson’s motion reasons that the judge presiding over the matter cannot be impartial if he or she is elected by the voters who would be affected by the tax note.
Kevin Wilson’s legal representative, Paul A. Koerber of Koerber Law Firm, declined to comment Thursday.
A hearing for Wilson’s objection is set for Feb. 15.
Natchez-Adams School District bond attorney Tony Gaylor could not be reached for comment.
No objection has yet been filed against the $25 million trust certificate.