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Lost Rabbit

11/12/2014 - 1:39pm

TERRY LOVELACE has both conceptual and technical approval of a preliminary plat for a new phase of Lost Rabbit, but several steps remain before he can sell lots.

Lovelace has an option on 134 acres just south of the existing Lost...

11/05/2014 - 4:41pm

THE LOST RABBIT Public Improvement District (PID) failed, partly because the Madison County Board of Supervisors approved it without checking for signatures.

Now, to fix the mess...

10/16/2014 - 10:22am

RESERVOIR OFFICIALS could vote Thursday, October 16, on whether to approve a preliminary plat for the first phase of new development at Lost Rabbit.

Developer Terry Lovelace, officials with the Pearl River Valley Water Supply District...

08/27/2014 - 1:37pm

AND, WE’RE OFF!

The Lost Rabbit bond “swap” is complete, all lawsuits have been dismissed, and all parties have signed a massive settlement agreement, meaning landowner Terry Lovelace can start work on his optioned...

08/13/2014 - 9:00am

LOST RABBIT is officially an URD instead of a PID, lawsuits should be dismissed soon, and payments on the URD bond issue could start next March.

“In the football vernacular, we see the end zone,” said Madison County Board...

08/06/2014 - 10:00am

LOST RABBIT is officially an URD and not a PID.

The Lost Rabbit Urban Renewal District (URD) Board met Tuesday and voted to terminate the Public Improvement District (PID), and to issue a $5.2 million bond to save the ailing...

07/22/2014 - 12:41pm

PIDs, URDs, TIFs – Madison County is mired in three-letter words. 

Suffice it to say, PIDs issue bonds for infrastructure, and the local government might have to “step in and help” if...

07/16/2014 - 8:56am

ONE MADISON COUNTY supervisor compared the Lost Rabbit urban renewal plan to “putting lipstick on a pig,” while one of the newly appointed Urban Renewal District (URD) board members said he believes the plan will revitalize the...

07/03/2014 - 8:32am

ONCE LOST RABBIT becomes an Urban Renewal District (URD), a governing body will need to oversee it.

More than likely, that body will be a URD board, said Madison County Board Attorney Mike Espy.

“The statute allows the...

07/03/2014 - 8:18am

LOST RABBIT could be an urban renewal district (URD) by the end of summer, with three lawsuits coming to an end and public hearings starting Monday, July 7.

It appears that, at least unofficially, “everything has been settled and...

06/04/2014 - 1:07pm

UPDATE:  The public hearing on the proposed Lost Rabbit Urban Renewal District (URD) has been postponed. 

"All lawyers are working together now and we might have an expedited roll-out. But nothing likely in...

03/26/2014 - 1:30pm

Lost Rabbit Improvements

IMPROVEMENTS to a sidewalk, curb and gutter are on tap for an ailing intersection at Lost Rabbit.

The Madison County Board of Supervisors recently awarded a bid for the small project...

02/13/2014 - 4:00pm

OFFICIALS are taking the next steps to officially settle a lawsuit regarding Lost Rabbit and get rid of the infamous Lost Rabbit PID.

At press time, the settlement agreement still needed to be signed by Allstate Insurance Company, the...

02/05/2014 - 4:00pm

MADISON COUNTY Board Attorney Mike Espy said a pending legal settlement regarding Lost Rabbit will mean taking property tax dollars from the development and then “giving them back.” But not everyone sees it that way.

Espy...

01/26/2014 - 9:14am

MADISON COUNTY has rescheduled – again – a trip to Chicago so officials can visit Allstate Insurance Company and discuss Lost Rabbit.

County Administrator Mark Houston, Comptroller Shelton Vance, and Board Attorney Mike...

12/18/2013 - 2:23pm
By KATIE EUBANKS
Sun Staff Writer
A TRIP TO CHICAGO for Madison County officials to discuss Lost Rabbit has been delayed until early January.
Allstate Insurance Company, one of the main parties in...
09/25/2013 - 11:12am

By KATIE EUBANKS

Sun Staff Writer

MADISON COUNTY is helping fund a $25,000 study of Lost Rabbit in the hopes of generating a settlement in an ongoing lawsuit against the Lost Rabbit Public Improvement District (PID).

...

08/22/2013 - 11:07am

By KATIE EUBANKS

Sun Staff Writer

A FEDERAL LAWSUIT related to the Lost Rabbit Public Improvement District (PID) has been dismissed, which could bode well for settlement talks in local litigation.

On August 6, Judge...