§ 21-33-325.1. Borrowing in anticipation of taxes by certain municipalities
The governing authorities of a municipality that was formerly a census-designated place, as identified by the United States Census Bureau, and is incorporated during calendar year 2011, 2012 or 2013, shall have the power and authority to borrow money for the current expenses of the municipality from the date of incorporation in anticipation of the […]
§ 21-33-326. Borrowing in anticipation of confirmed federal grants or loans
Any city, town or village that shall have received a binding commitment from the United States of America, or any agency thereof, or the State of Mississippi, or any agency thereof, for a grant or loan may borrow money in anticipation of receipt of funds from such confirmed grant or loan unless prohibited by federal […]
§ 21-33-327. Incurring of indebtedness
No interest-bearing indebtedness shall hereafter be incurred by any municipality, except in the manner hereinabove provided, or as may otherwise be provided by law.
§ 21-33-329. Application of article
This article shall be applicable to all municipalities of this state, whether operating under the code charter, the commission form of government, a special charter, or any other form of government, and regardless of whether or not the provisions of any special charter shall contain conflicting or contrary provisions.
§ 21-33-401. Municipal revolving fund
There is created in the State Treasury a special fund designated as the “Municipal Revolving Fund.” The Municipal Revolving Fund shall not be considered as a surplus or available funds when adopting a balanced budget as required by law. The State Treasurer shall invest all sums in the Municipal Revolving Fund not needed for the […]
§ 21-33-551. Definitions
For the purposes of Sections 21-33-551 through 21-33-561, the following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise: “Homeowners’ Association” means a homeowners’ association duly organized as a nonprofit organization with tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. “Local improvements” means (i) any improvements constructed […]
§ 21-33-553. Creation of special local improvement assessment districts under certain circumstances; procedure for establishment of districts
A special local improvement assessment district may be created under this section if the boundaries of the proposed special local improvement assessment district are within the boundaries of the homeowners’ association representing that area. Upon delivery of a petition to the clerk of the municipality in which the proposed district is located, signed by the […]
§ 21-33-555. Powers of homeowners’ associations representing property in special local improvement assessment districts; dissolution of districts
Upon the adoption of a resolution establishing a special local improvement assessment district as set forth under Section 21-33-553, the homeowners’ association representing the property area in the district shall be authorized to exercise the following powers within the special local improvement assessment district: To provide for the planning and design of local improvements and […]
§ 21-33-557. Use of proceeds of special assessments levied on real property located in districts
The proceeds of any special assessment levied on real property located within a special local improvement assessment district under Section 21-33-553 may be used to pay costs including administrative costs of and relating to exercising the powers set forth in Section 21-33-555. The municipality shall hold the proceeds of the special assessment until disbursing the […]
§ 21-33-559. Acceptance and expenditure of contributions from other sources
Any homeowners’ association representing the area in a district established under Section 21-33-553 may accept and expend contributions from any other sources and apply such contributions to any of the purposes set forth in Sections 21-33-551 through 21-33-561.