§ 57-85-1. Short title
This chapter shall be known and may be cited as the “Mississippi Rural Impact Act.”
§ 57-77-37. Disposition of proceeds of sale of bonds; allocation of nonfederal funds
The proceeds realized from the sale of bonds and notes under this chapter shall be paid to the State Treasurer and deposited into the Venture Capital Fund and specifically dedicated to the purposes enumerated in this chapter. All nonfederal funds which may become available for the purposes of this chapter shall be deposited in the […]
§ 57-77-39. Representation of seller by Attorney General with respect to issuing, selling and validating bonds or notes; payment of expenses relating to issuance of bonds or notes
Except as otherwise authorized in Section 7-5-39, the Attorney General of the State of Mississippi shall represent the seller in issuing, selling and validating bonds or notes herein provided for, and the seller is hereby authorized and empowered to expend from the proceeds derived from the sale of the bonds or notes authorized hereunder all […]
§ 57-79-1. Short title
This chapter shall be known and may be cited as the “Mississippi Small Town Development Act.”
§ 57-79-3. Legislative findings and declaration of intent
The Legislature finds that: Many small towns and cities will benefit from professional and financial assistance; The improvement of small towns and cities benefit the economic and general welfare of the people of the State of Mississippi; Establishment of the Mississippi Small Town Development Program is an effective means to restore and strengthen Mississippi’s small […]
§ 57-79-5. Definitions
For the purposes of this chapter, the following terms shall have the meanings ascribed herein unless the context shall otherwise require: “Small town” shall mean any city, town or village with a population of five thousand (5,000) or fewer persons according to the most recent federal decennial census. “Mississippi Small Town Development Fund” shall mean […]
§ 57-79-7. Authorization of Mississippi Small Town Development Program
There is hereby authorized the creation of the Mississippi Small Town Development Program.
§ 57-79-9. Composition of Mississippi Small Town Development Program
The Mississippi Small Town Development Program shall consist of the following: The Mississippi Small Town Development Fund, administered by the Mississippi Department of Economic and Community Development. Such fund shall be used to further the purposes of this chapter, specifically to provide grant application development expenses, grant application matching requirements and for related purposes. Mississippi […]
§ 57-79-11. Authority of Mississippi Department of Economic and Community Development
The Mississippi Department of Economic and Community Development is authorized to contract with other public agencies, as well as private not-for-profit corporations, to further the purposes of this chapter.
§ 57-77-33. Issuance of bonds and notes generally; terms, form, execution, etc., of bonds and notes
The seller is authorized to borrow, on the credit of the state, money not exceeding the aggregate sum of Twenty Million Dollars ($20,000,000.00). Such borrowing may be evidenced by the issuance of bonds or notes, and the rate of interest on any such bonds or notes which are not subject to taxation shall not exceed […]