§ 59-7-7. Operation of improvements; disposition of revenues; annual report
All improvements, constructed by and under the provisions of this article, shall be operated under the control of a port commission as provided in Chapter 1 of this title. All revenue created or collected from the use of said docks, harbors and facilities of whatsoever nature shall be paid into the city treasury of said […]
§ 59-7-9. Expenditure of funds arising under article; bonds generally
All monies accruing by virtue of this article, either through revenues, tariffs, or bonds, or through other sources, shall be expended at the direction of the port commission appointed for any port of entry, as designated herein, and any bond issue hereunder by any municipality, coming under the provisions of this article, shall be exclusive […]
§ 59-5-69. Annual budget of state port authorities
Each state port shall adopt a complete, detailed and itemized budget for each fiscal year and all expenditures shall be made only pursuant to appropriation approved by the legislature and as provided by law.
§ 59-6-1. “Deep Draft Harbor and Terminal” defined
For the purpose of this chapter, the term “Deep Draft Harbor and Terminal” means a structure, series of structures, or facility of any type located on the continental shelf off the coast designed to accommodate deep draft vessels whose draft is greater than the depths of the present United States’ harbors and waterways commonly used […]
§ 59-6-3. Authorization of compact
The governor, on behalf of this state, is hereby authorized to execute a compact, in substantially the form as provided hereinafter, with the State of Alabama.
§ 59-6-5. Basic form of compact
The basic form of the compact shall be as follows: ARTICLE I. The purpose of this compact is to promote the development of a deep draft harbor and terminal to be located on the continental shelf of the United States, in the Gulf of Mexico, and to establish a joint interstate authority to assist in […]
§ 59-6-7. Grant of powers; authority and duties of state officers; appointment of members of authority
There is hereby granted to the governor, to the members of the Gulf Coast Superport Development Authority for Mississippi and to the compact administrator all the powers provided for in said compact and in this chapter. All officers of the State of Mississippi are hereby authorized and directed to do all things falling within their […]
§ 59-5-49. Validation of bonds
Such bonds as are authorized by this chapter may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this chapter. The bonds authorized under the authority of this chapter may, in the discretion of the state bond […]
§ 59-5-51. Payment of interest and principal on bonds; limitation on amount of bonds issued
The bonds issued under the provisions of this chapter shall be payable from the special fund provided therefor as hereinafter set out and shall be the general obligations of the State of Mississippi and backed by the full faith and credit of the state, and if the funds supplied by the board to the State […]
§ 59-5-53. Withdrawals of bond proceeds from special fund
The funds which are transferred from the sale of bonds under this chapter to the special fund in the qualified depositories set up for each separate port, harbor, or part thereof may be withdrawn only in the following manner: said funds shall be paid by such qualified depositories upon warrants issued by the state auditor […]