Ten-Year Tax Exemption Approved for Bollinger Shipbuilding
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Description
Bollinger Mississippi Shipbuilding, LLC receives a ten-year exemption from ad valorem taxation starting January 1, 2025, on a true value of $13,208,928.00, excluding certain taxes and with a minimum payment equivalent to 25 mils.
Contract Details
Contract Amount
$13,208,928.00
Vendor
BOLLINGER MISSISSIPPI SHIPBUILDING LLC
Agency
Jackson County, MS
Contract Type
Tax Exemption
Document Date
August 18, 2025
Contract Term
10 years
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