Ingalls gets exemption gift

PASCAGOULA, Miss. -- Pascagoula Mayor Jim Blevins read a proclamation celebrating Ingalls Shipbuilding's 75th anniversary, gave company President Irwin F. Edenzon a key to the city, then the City Council gave the company a 10-year exemption on ad valorem taxes. The exemption on about $18.4 million in property does not apply to school taxes. Earlier this year, the Jackson County Board of Supervisors granted a similar tax exemption worth about $100,000 a year or roughly $1.1 million over the life of the exemption. (Source: Mississippi Press, 11/05/13) Previous