City of Brookhaven Council Meeting Agenda May 2026
Ten-Year Tax Exemption for Rex Lumber-Brookhaven
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Description
Brookhaven’s agenda includes approval of an Ad Valorem Tax Exemption application and resolution for Rex Lumber-Brookhaven, LLC for a ten-year period on 2025 facility improvements, pending state approval. This measure provides a long-term property tax incentive to support the company’s investment in the city.
Contract Details
Vendor
REX LUMBER-BROOKHAVEN LLC
Agency
City of Brookhaven, MS
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
Ten (10) year period on 2025 facility improvements
Renewal Date
2036-12-31
Renewal Info
Initial ten-year ad valorem tax exemption on 2025 improvements, contingent on state approval; no renewal options are specified.
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