TUPELO – Tourism sales tax revenues fell 0

lee county
Tourism revenues
fall to $272,000
n TUPELO – Tourism sales tax revenues fell 0.42 percent in December, the Tupelo Convention amp& Visitors Bureau reported.
For December, the CVB collected sales tax revenues of $272,228, down 0.42 percent from December 2007. The figure comes a month after the CVB posted a slight growth of 0.56 percent in November.
For the year, the CVB has collected $1,327,649, up 6 percent from the previous fiscal year. The CVB based its annual budget on a projected 3 percent sales tax growth.
Walgreens to grow
with third store
n TUPELO – Walgreens will open its store at the corner of South Gloster and Garfield streets at 8 a.m today. It will be the national pharmacy’s third store in Tupelo.
The pharmacy replaces the Walgreens location at 715 Garfield St., previously a Family Meds that Walgreens bought in 2007. All pharmacy patient files will automatically be transferred to the new location.
The new pharmacy has 25 employees – nine from the previous location – and will be open from 8 a.m. to 10 p.m. every day.
The pharmacy’s phone number is (662) 844-1318. A ribbon-cutting will be held at 9 a.m. today.
Antigua, St. Vincent PMs
make Stanford deposits
n ST. JOHN’S – The prime ministers of Antigua and St. Vincent have deposited nearly $8,000 each in Stanford International Bank to boost consumer confidence in a rescue plan after the bank’s owner was accused of an $9.2 billion fraud scheme.
U.S. regulators have filed civil fraud charges against Texas financier R. Allen Stanford, and regional regulators have taken control of Antigua-based Stanford International Bank.
The government is attempting to seize property and assets of Stanford that may keep the bank and other Stanford businesses viable.
Antigua Prime Minister Baldwin Spencer told reporters Tuesday that his actions demonstrate what he says is “a burning desire to make sure this thing works.”

Dennis Seid

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