§ 59-5-27. Bond of members of port or harbor agency
Each member of a port or harbor agency shall give a good and sufficient bond in the amount of ten thousand dollars ($10,000.00) conditioned for the faithful performance of the duties of his office. This shall be effective only upon consummation of an agreement to issue bonds as hereinabove set forth.
§ 59-5-29. Increase in membership of county port authority upon issuance of bonds
Whenever any bonds of the State of Mississippi have been issued as provided in Sections 59-5-23 and 59-5-25, and where the authorized port or harbor agency is a county port authority organized as provided by Sections 59-9-1 through 59-9-85, the membership of such county port authority shall be increased by two members, to be appointed […]
§ 59-5-31. Additional powers and authority for certain port commissions and authorities; revenue bonds; tax exemptions
Any port commission existing under the provisions of Article 3 of Chapter 7 of this title, and any other port commission or port authority now or hereafter constituted by law which has not expressly been granted such powers, may, in addition to all powers now or hereafter vested in it by law, exercise all powers […]
§ 59-5-33. State ports fund; joint activities or employment of personnel
The agreement between the board and the city, county or other authorized port or harbor agency shall provide that a fair and proportionate part of the expense of the board administering this chapter, shall be considered a part of the cost of the development or operation of the planned development and such costs shall be […]
§ 59-5-35. Setting aside or leasing of lands, docks, warehouses, etc.; exemption from certain ad valorem taxes
The board, acting jointly with the state port authority, is authorized to set aside, or lease all or portions of any lands, roads, docks, sheds, warehouses, elevators, compresses, floating dry docks, graving docks, marine railways, tugboats, or any other necessary or useful improvements constructed or acquired by it to individuals, firms, or corporations, public or […]
§ 59-5-37. Employment of personnel, execution of contracts, etc., for development, promotion, maintenance, etc., of ports, harbors, rivers, etc.; suits by and against state port authority; advertising and bidding requirements for contracts or purchases; use of design-build method of contracting
The board or State Port Authority, in the performance of its duties, may employ such personnel and make all contracts and purchases incidental to or necessary for the advancement, promotion, development, establishment, insurance, maintenance, repair, improvement and operation of any ports, harbors, rivers, channels and waterways including, if required for its protection, retirement benefits, workers’ […]
§ 59-5-39. Acquisition of rights of way, land, etc.
For the acquiring of rights-of-way, land and property including existing easements, restrictive covenants and reversionary estates necessary for the purposes herein authorized, the board shall have the right and power to acquire the same by purchase, negotiation or condemnation, and should it elect to exercise the right of eminent domain, it may proceed in the […]
§ 59-3-11. Issuance of bonds; maturities, interest, and execution of bonds; payment of principal and interest
Should the election provided for in Sections 59-3-7 and 59-3-9 result in favor of the proposed bond issue, by a majority of those voting in said election voting in favor of the issuance of said bonds, the corporate authorities may issue such bonds, either in whole or in part, within one (1) year after the […]
§ 59-3-13. Disposition of proceeds of bonds; penalty for diversion
The proceeds of any bonds issued under authority of Sections 59-3-1 through 59-3-13, shall be placed in the municipal treasury or depository, if there be one, as a special fund and shall be used for no other purpose than the purpose set forth in the original resolution of the corporate authorities of such municipality, and […]
§ 59-3-31. “Public corporation” defined
The term “public corporation”, for the purposes of Sections 59-3-31 through 59-3-37, means the State of Mississippi or any political subdivision thereof or any public agency of this state or of any political subdivision thereof or any public board, bureau, commission or authority created by the legislature of the State of Mississippi.