A Jackson developer says he'll appeal penalties levied by the secretary of state's office for allegations that he took funds from a mall project and diverted it to a project to build a new police station in Meridian.
Secretary of State Delbert Hosemann announced Monday that David Watkins and his company were ordered to pay restitution of $587,084, plus legal interest and a civil penalty of $75,000. Hosemann says Watkins and company also must pay administrative and investigative costs totaling $18,047.
Hosemann says Watkins diverted about a half million dollars in bond proceeds for the Metrocenter Mall project in Jackson to close the deal on the police station project.
Lance Stevens, the attorney for Watkins, said an appeal will be filed in Hinds County Chancery Court.