§ 57-64-1. Short title

This chapter may be cited as the “Regional Economic Development Act.”

§ 57-64-11. Issuance of bonds

After receiving a certificate of public convenience and necessity from the MDA, the local government unit is empowered and authorized, from time to time, to issue bonds up to the maximum principal amount authorized in the certificate. After receiving a certificate of public convenience and necessity from the MDA, the governing body of any local […]

§ 57-64-13. Joint exercise of power and authority by local governments

Any power, authority or responsibility exercised or capable of being exercised by a local government unit of this state may be exercised and carried out jointly with any other local government unit of this state or with a foreign governmental unit of another state, any state board, agency or commission and any public agency of […]

§ 57-64-15. Powers with regard to issuance of bonds

The local government unit shall be the issuer of any debt incurred hereunder and the proceeds of such debt shall be made available to the alliance in order to provide funds to defray the costs of a project. The local government unit shall have power in the issuance of its bonds to: Covenant as to […]

§ 57-64-17. Promulgation of rules and regulations

The MDA is hereby authorized and empowered to promulgate and put into effect, in accordance with the Mississippi Administrative Procedures Law, all reasonable rules and regulations that it may deem necessary to carry out the provisions of the Regional Economic Development Act. Nothing in the Regional Economic Development Act shall in any way confer to […]

§ 57-64-19. Intergovernmental cooperation and coordination; powers with regard to certain projects

The alliance is authorized to cooperate and coordinate with economic development commissions, authorities, districts, travel, and other similar commissions and boards, or other similar agencies of other states, the federal government, and with county, municipal, and regional economic development, travel, and other similar commissions or boards, or other agencies thereof, and other political subdivisions of […]

§ 57-64-21. Agreements under this chapter to include certain provisions

Any agreement made under this chapter shall specify the following: Its duration. Its purpose or purposes. The precise organization, composition, nature and powers of any separate legal or administrative entity created thereby and the specific citation of statutory authority vested in each of the local government units which is to be a party to the […]

§ 57-64-23. Agreements under this chapter to be approved by certain officers; agreements to be filed

In the event that an agreement made pursuant to this chapter shall deal in whole or in part with the provision of services or facilities with regard to which an officer, unit or agency of the state government has constitutional or statutory powers of control, the agreement shall, as a condition precedent to its being […]

§ 57-64-25. Applicability of existing laws

All laws in regard to purchases, auditing, depositories and expenditures in general which limit the authority of the agreeing local governing units shall also apply to any joint body created by the agreement pursuant to the provisions of this chapter.

§ 57-64-27. Powers and authorities granted by this chapter additional and supplemental to existing powers; chapter does not authorize alliances to provide utility service other than water and sewage; chapter not a limitation on local authority to proceed with a project utilizing methods not included in this chapter

The powers and authority granted and set forth in this chapter shall be additional and supplemental to any other powers and authority granted by law and shall not amend, repeal or supersede any other powers and authority granted by law. Nothing in this chapter shall authorize an alliance to provide utility services, other than water […]

§ 57-64-29. Authority of member of regional economic development alliance to negotiate purchase option for real property; preliminary engineering, environmental and related studies; costs

A local government unit that is a member of a regional economic development alliance created under the Regional Economic Development Act is authorized to negotiate a purchase option for real property to be used for the purposes of the alliance. A local government unit may pay all costs incurred for the acquisition of such an […]

§ 57-64-3. Declaration of public policy

It is hereby declared that the state’s public welfare demands, and the state’s public policy requires: That for the benefit of the people of the State of Mississippi, it is essential to foster and promote the issuing of bonds by local government units jointly or severally, including any joint bond issuance with a county, parish […]

§ 57-64-31. Eminent domain

The board of supervisors of any county that is a member of a regional economic development alliance created under the Regional Economic Development Act may exercise the power of eminent domain for the purpose of acquiring land, property and/or rights-of-way for a project as defined in Section 57-75-5(f)(i) or any facility related to the project […]

§ 57-64-5. Purpose

It is the purpose of this chapter to permit local government units of the state to make the most efficient use of their powers and resources by enabling them to cooperate and to contract with other local government units, including foreign governmental units from another state, on a basis of mutual advantage, to share the […]

§ 57-64-7. Definitions

For the purposes of this chapter, the following words shall be defined as herein provided unless the context requires otherwise: “Alliance” means a regional economic development alliance created under this chapter. “Bond” or “bonds” means bonds, notes or other evidence of indebtedness of the local government unit issued pursuant to this chapter. “Cost of project” […]

§ 57-64-9. Certificate of public convenience and necessity

Prior to issuing bonds to finance any proposed project under this chapter, the local government unit shall submit an application to the MDA for a certificate of public convenience and necessity. The application shall be in such form and content as the MDA shall from time to time prescribe. The MDA shall investigate, find and […]