The board of supervisors of any county, or the governing authorities of any municipality or other political subdivision, shall have the power, in its discretion, to pay reasonable compensation to attorneys who may be employed by it in the matter of the issuance of bonds authorized to be issued by the provisions of this chapter, […]
When the executive director authorizes any municipality to issue bonds under the provisions of Sections 57-1-1 through 57-1-51, he shall find and determine the total amount of bonds to be issued. He shall fix the maturity dates of the bonds consistent with the provisions of the aforesaid sections. He shall determine the amount of taxes […]
The bonds hereinabove provided for shall be sold by the governing authority of the municipality at not less than par and accrued interest at public sale held after notice of such sale published at least one (1) time at least five (5) days before such sale in a newspaper of general circulation in the municipality.
In the case any municipality shall have initiated any industry as provided in Sections 57-1-19 and 57-1-21, and thereafter said municipality lacks the requisite funds for completion by reason of emergency which was wholly unforeseen, then upon the approval of the commission, upon the same terms and conditions as herein set forth, additional bonds may […]
All bonds issued pursuant to Sections 57-1-1 through 57-1-51 and all interest thereon or income therefrom shall be exempt from all taxation except gift and inheritance taxes. Necessary taxes levied and collection for the payment of these bonds and interest thereon shall not be considered or accounted in any limitation on the powers of the […]
Any municipality having surplus sinking funds under the provisions of Sections 57-1-1 through 57-1-51 may, in the discretion of the governing board of such municipality, invest said sinking funds by purchasing bonds of any county or municipality of this state, bonds of the State of Mississippi, or bonds issued by authority of the United States […]
Any municipality may use any sinking fund, reserve fund, or surplus fund to purchase any bond hereunder issued, and shall cancel and retire the same when, in the judgment of the governing authorities of such municipality, the interest of such municipality will be subserved thereby. Any surplus income from said enterprise arising through its operation […]
The several municipalities when and to the extent authorized by the executive director pursuant hereto, are hereby authorized and empowered, if they so desire, by and through their governing board, to sell, lease or otherwise dispose of such enterprise or enterprises, in whole or in part, on such terms and conditions and with such safeguards […]
All enterprises acquired, constructed or owned by any of said municipalities under the provisions of Sections 57-1-1 through 57-1-51, are declared the public property of each of said municipalities, and as such, shall not be subject to taxation.
Any port commission or authority created by law, operating in any county or municipality of this state, is authorized and empowered to assist and cooperate with such county or municipality to effectuate the purposes of Sections 57-1-1 through 57-1-51.
The Governor shall, with the advice and consent of the Senate, appoint an executive director who: Shall have at least a bachelor’s degree, and Shall be an experienced administrator and have at least five (5) years’ experience in at least one (1) of the following areas: Industrial development, or Economic development. The executive director shall […]
The provisions of Sections 57-1-1 through 57-1-51 shall not repeal or impair any law now in effect, except as therein specifically provided, but shall exist as a separate, several, independent, additional and cumulative method for giving to the people of Mississippi the fulfillment of the public policy of encouraging the promotion of economic development of […]
There is hereby created the Mississippi Department of Economic and Community Development, whose principal offices shall be located in Jackson, Mississippi. The Mississippi Department of Economic and Community Development shall be organized into the following offices: Office of Economic Development; Office of Community Development; Office of Support Services. The department shall be headed by an […]
The department is designated as the single state agency to receive and expend any federal funds made available for matters within the jurisdiction of the department. The department shall coordinate all functions of state government related to economic development and tourism within the jurisdiction of the department.
The Mississippi Development Authority shall be the Department of Economic and Community Development and shall retain all powers and duties granted by law to the Mississippi Department of Economic and Community Development and wherever the term “Mississippi Department of Economic and Community Development,” “Department of Economic and Community Development,” “Mississippi Department of Economic Development” or […]
The Department of Economic and Community Development shall have the following general powers and duties: To develop and manage programs which enhance the climate for economic growth through assistance to private sector businesses, local communities and individuals, and through an extensive national and international marketing effort. The Department of Economic and Community Development shall have […]
The Occupational Information Coordinating Committee shall be located within the Department of Economic and Community Development and shall develop and implement an occupational information system for vocational education, employment and training programs.
The Mississippi Development Authority shall conduct and prepare, or shall contract for the preparation of, a study to determine if there is a significant statistical disparity in the total number of qualified minority contractors of goods and services doing business in the State of Mississippi and the actual number of such minority contractors with whom […]
It is the policy of the Mississippi Development Authority and the Mississippi Development Authority is authorized to accommodate and support any entity using funds authorized and made available under Sections 1 through 37 of Chapter 1, Laws of 2005, Third Extraordinary Session that wishes to have a program of diversity in contracting, and/or that wishes […]
The Mississippi Development Authority shall have the following general powers and duties with respect to tourism: To promote and advertise the image of Mississippi both within and without the boundaries of this state; To promote and advertise fairs and similar activities of interest to tourists and the traveling public; To promote and advertise the use […]
