§ 59-15-17. Exemption from taxation of bonds
Bonds or other obligations issued pursuant to this chapter and any interest thereon or income therefrom shall be exempt from all taxation, except gift, transfer or inheritance taxes, in so far as may be within the power of the State of Mississippi so to provide.
§ 59-15-19. Trustees
Any municipality issuing bonds or other obligations pursuant to this chapter shall, so long as any such bonds or other obligations remain outstanding and unpaid, by resolution or resolutions duly adopted, authorize and appoint a trustee, satisfactory to the purchaser or purchasers of any bonds or other obligations issued pursuant to this chapter, or any […]
§ 59-17-1. Short title; “board” defined
This chapter may be cited as the “State Inland Ports Law.” As used in this chapter, the word “board” shall mean the Mississippi Development Authority.
§ 59-17-3. Declaration of public policy
It is hereby declared to be the public policy of the state to aid the industrial development and economy of the state through the acquisition, promotion, development, improvement and expansion of inland ports and attendant industrial sites.
§ 59-17-5. Construction of chapter
This chapter shall be construed liberally and broadly to effectuate the policy and purposes set out herein. This chapter shall be deemed to be full and complete authority for the exercise of the powers herein granted, but this chapter shall not be deemed to repeal or to be in derogation of any existing law of […]
§ 59-17-7. Functions of board and inland port as essential governmental functions
The carrying out of the corporate purposes of the board and the state inland port authority is, in all respects, for the benefit of the people of the State of Mississippi and is a public purpose, and the board and such state inland port authority will be performing an essential governmental function in the exercise […]
§ 59-17-9. Duty of board to implement public policy; construction of rights, powers and duties of board
There is hereby vested in the board the duty to implement such declared public policy as herein provided. Wide latitude and discretion shall be vested in the board in the exercise of its powers and duties, and the enumeration of specific rights, powers, and duties of said board, when followed by general powers, shall not […]
§ 59-15-3. Operation of improvements and facilities
All improvements and facilities constructed pursuant to this chapter shall be maintained and operated under the control of the city authorities. The city authorities of such city, or cities, shall, subject to and in accordance with any agreement, or agreements, as may be made by any such city with the purchaser, or purchasers, of bonds […]
§ 59-15-5. General powers of municipality as to bonds
In connection with the issuance of bonds or other obligations by any municipality pursuant to this chapter or in order to secure the payment of said bonds or other obligations, such municipality shall have power: To accept grants from the United States of America, the President of the United States, or such agencies, instrumentalities or […]
§ 59-15-7. Authority to issue bonds; audit and inspection of accounts
Any city as is described in Section 59-15-1, is hereby given authority, upon the adoption of a resolution to such effect, to issue bonds or other obligations for any or all of the purposes as in this chapter herein provided; but such bonds or other obligations shall not be issued unless and until the governing […]