§ 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 […]
§ 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 […]
§ 57-64-1. Short title
This chapter may be cited as the “Regional Economic Development Act.”
§ 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 […]
§ 57-64-5. 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 […]