NATCHEZ, Miss. (AP) — A southwest Mississippi city will hand over a former hospital building to be used as senior apartments.
The Natchez Democrat reports aldermen approved the no-cost transfer on a 4-2 vote this week, overcoming concerns from some residents about how the building will be used.
Developer Magnolia Medical Foundation has to meet certain restrictions or otherwise give the property back to the city. The foundation will also be banned from applying for a property tax exemption.
Alderwoman Sarah Carter Smith, who voted against the plan, says she is concerned that Magnolia Medical isn’t providing enough information about how it will pay for the development of 30 apartments, once estimated to cost about $3.5 million.
The three-story Natchez General Hospital building is about eight blocks from the city’s historic downtown.
Information from: The Natchez Democrat, http://www.natchezdemocrat.com/