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Mexico still on hook for missing bond payments - Vimarsana News

Mexico still on hook for missing bond payments

Mexico still on hook for missing bond payments Published by admin on Wed, 02/10/2021 - 11:27am The city of Mexico seized former A.P. Green property owned by Abacus. It went on the auction block Tuesday afternoon. [Nathan Lilley] By:  Editor The collapse of Mid-America Brick in 2013 continues to impact the city of Mexico, which is now on the hook to cover the annual bond assessment of approximately $150,000. Abacus Industrial Holdings, owners of the old A.P. Green Firebrick plant location, failed to meet its obligation to make payments, leaving the cit...

Mexico approves stormwater agreements | The Mexico Ledger - Vimarsana News

Mexico approves stormwater agreements | The Mexico Ledger

Mexico approves stormwater agreements By:  Editor The Mexico City Council recently voted to accept stormwater maintenance sgreements with the Mexico Public School District, HomeBank and HRM Services for Teal Lake Village. The agreements give the authorization for city staff to provide guidelines and inspect drainage systems on new construction that involves at least one acre of land. City Engineer Drew Williford told the council that new construction that disturbs ground on an acre or more “is required to incorporate stormwater quality and quantity countermeasures in the...

Mexico's economy stable after COVID ride | The Mexico Ledger - Vimarsana News

Mexico's economy stable after COVID ride | The Mexico Ledger

“It’s been a normal year,” he told the City County on Monday. COVID-19 caused a spike in unemployment that exceeded the levels seen during the recession. But the damage was temporary. And Runge counts more positives than negatives when it comes to the city’s economic state as the year comes to a close. The average wage is up, both on an annual and hourly basis. Meanwhile the unemployment rate has dropped to 3 percent, down from its peak of 10.3 percent in April and May, as the pandemic roiled the economy. “Some good things have happened,” Runge said. The average annual wage is $37...