reglab/housing_qa huggingface dataset:
MS Code § 59-7-403 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-403. Levy of ad valorem tax in certain counties; disposition of proceeds of tax

 An ad valorem tax of one mill on each one dollar of the total assessed valuation of all the taxable property in each county or counties in the State of Mississippi, in which there is located a port or harbor where there is maintained a channel to a depth of not less than eight feet, is hereby levied on all taxable property, in or for each year in which the principal of or interest on any bonds or other obligations issued by any municipality pursuant to this article becomes due. The receipts from said one mill tax shall be withheld by the tax collector of said county, and/or by any other tax collecting agency authorized by law for the collection of said taxes, from receipts from state ad valorem taxes now in effect or which may be hereafter levied, so long as said state ad valorem taxes shall be not less than the said one mill tax herein levied. However, if no state ad valorem taxes equal to or greater than the said one mill tax herein levied is now or shall be hereafter levied, then and in that event, the said one mill tax herein levied shall continue to be levied and collected as herein provided in each such county or counties in or for each year in which the principal of or interest on any bonds or other obligations issued by any municipality pursuant to this article becomes due. The said tax collector, and/or any other tax collecting agency authorized by law for the collection of said taxes, shall pay over all moneys collected or to be collected as receipts from the one mill tax to any trustee or successor thereto established as hereinafter provided in Section 59-7-429, and in the event that there is no such trustee, then said tax collector, and/or any other tax collecting agency authorized by law for collection of said taxes, shall pay over all such moneys into the county depository of each such county to the credit of a fund which shall be known as a port fund. Any such moneys so paid into the county depository of each such county to the credit of said port fund may be expended at the direction of the port commission, appointed for any port or harbor through which commerce flows and having not less than eight industries engaged in the seafood industry. The provisions of this article shall be deemed to be a contract with the holders of any bonds or other obligations issued pursuant to this article.
MS Code § 59-7-407 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-407. Port commission; composition; appointment, compensation and terms of office of members; organization; dissolution

 A port commission created under this article shall consist of six (6) members who shall be qualified electors of the municipality operating under this article, and shall be appointed as follows: two (2) shall be appointed by the Governor, two (2) shall be appointed by the governing authorities of the municipality, and two (2) shall be appointed by the board of supervisors of the county. The commission shall have jurisdiction over the port, terminals, harbors and passes leading thereto, and all vessels, boats and wharves, common carriers and public utilities using the port. Commissioners shall be paid the uniform per diem compensation authorized in Section 25-3-69 for the discharge of official duties at meetings called in accordance with Section 59-7-409.   In the first instance, the two (2) commissioners appointed by the Governor shall be appointed for terms of five (5) and four (4) years, respectively, from the date of appointment; one (1) member appointed by the board of supervisors shall be appointed for a term of three (3) years from the date of appointment, and the members appointed by the governing authorities of the municipality shall be appointed for terms of two (2) and one (1) years, respectively, from the date of appointment. The additional member appointed by the board of supervisors shall be appointed to a term of five (5) years. After the first appointments, thereafter each member appointed shall be appointed for a term of five (5) years.   The commission shall, upon appointment, organize as provided in Section 59-7-409.   A port commission created under this article may be dissolved by the governing authorities of the municipality as provided under Section 59-7-408.
MS Code § 59-7-408 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-408. Procedure and requirements for dissolution of municipal port commission

  The governing authorities of a municipality may dissolve a port commission created under this article by adopting a resolution in which they determine that the dissolution of the port commission is in the best interest of the citizens of the municipality and authorizing the municipality to assume the powers and duties of the port commission.   After the adoption of the dissolution resolution, the port commission shall enter into an agreement with the municipality which shall provide for:   the transfer of all powers, duties, and responsibilities of the port commission to the municipality;   the transfer of all property and assets, real and personal, of the port commission to the municipality;   the assignment of all contracts, leases, agreements and revenue generated by the port commission to the municipality;   the assumption by the municipality of all just claims and obligations of the port commission associated with the operation and maintenance of the port facilities; and   any other provisions necessary for the implementation of the dissolution.     All tax levies and assessments used for existing bonded indebtedness shall continue until such indebtedness is paid.
MS Code § 59-7-409 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-409. Meetings of commission; officers

 The port commission established by Section 59-7-407 shall meet at a regular place to be designated by the port commission for organization as a port commission, after giving at least ten (10) days' notice of the time and place of the meeting by publication in a newspaper published in the city, and they shall elect a president and secretary who shall be members of the commission. The president shall be elected annually and shall vote only in cases of a tie vote.
MS Code § 59-7-411 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-411. Duties of commission generally; employees

 It shall be the duty of the commission to keep a minute book in which shall be recorded all of their acts, orders, rules and regulations. It shall be the duty of said commission to adopt rules and regulations not inconsistent with law to govern their official acts. It shall be the duty of said commission to make and publish all needful rules and regulations to govern the harbor, docks, and passes within its jurisdiction, and to fix tariffs, fees, fines, penalties and forfeitures for the violations of the rules and regulations of said commission, and said commission shall have the power to fix and determine all port and terminal charges, and it may enforce the collection thereof through any court of competent jurisdiction in this state. This section shall not apply to public utilities nor to railroad terminal charges covered by or carried in approved tariffs authorized by Interstate Commerce Commission nor to lawful railroad operation and activities.   It shall be the duty of said commission to employ such help, including a port director, secretary, and such other help as will be necessary to carry on the business and work of such commission, and it will be the duty of said port commissioners to see that all port employees, such as harbormaster, pilots, and any and all other necessary employees for the operation of said port, perform any and all such duties as required for the operation of said port, at salaries to be determined by said port commission.
MS Code § 59-7-413 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-413. Maintenance and operation of improvements and facilities by commission; collection, etc., of rents, fees, etc.; disposition of revenues; annual reports

 All improvements and facilities constructed pursuant to this article shall be maintained and operated under the control of the port commission as provided by this article. The port commission shall, subject to and in accordance with any agreement or agreements as may be made by any such municipality with the purchaser or purchasers of bonds or other obligations issued pursuant to this article, prescribe, levy and collect all rents, fees, tolls, revenues and/or other charges in connection with the use and occupancy of the aforesaid improvements and facilities, and shall pay over all net revenues derived from the operation of said improvements and facilities to any trustee, or successor thereto, established as hereinafter provided in Section 59-7-429. The net revenues shall be deemed to be such as may be defined in any agreement or agreements entered into between any such municipality and the purchaser or purchasers of any bonds or other obligations issued pursuant to this article. The port commission shall make an annual report to the governor of the State of Mississippi, to the municipality having such port or harbor, and to the state legislature.
MS Code § 59-7-415 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-415. Authorization of issuance of bonds by municipalities; audit and inspection of accounts

 Any municipality, in which there is situated and located in whole or in part a port or harbor through which commerce flows and having not less than eight industries engaged in the seafood industry as aforesaid, 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 provided in this article. The books of account and other sources of information pertaining to duties under the provisions of this article, or any port commission, municipality and/or county affected by this article, shall be and remain at all times open to inspection and subject to audit by the holder or holders of any bonds or other obligations issued pursuant to this article.
MS Code § 59-7-419 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-419. Disposition of proceeds of bonds; penalties for diversion; guarantee of payment

 The proceeds from the sale of any bonds or other obligations issued pursuant to this article shall be placed to the credit of such municipality in a bank or banks, which are members of the federal deposit insurance corporation and may be withdrawn therefrom in accordance with any agreement or agreements entered into between such municipality and the purchaser or purchasers of such bonds or other obligations and shall be used for no other purpose than the purpose of such municipality. Any officer or other person diverting or assisting to divert any such funds to any other purpose or purposes than the purpose or purposes originally set forth in said resolution of the governing body of said municipality shall be guilty of a felony and punishable accordingly, and shall be liable both personally and on official bonds for such diversion.   Nothing in this article shall be construed as a guarantee on the part of the State of Mississippi to pay the principal or interest on any bonds or other obligations issued pursuant to this article.
MS Code § 59-7-421 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-421. Mortgage or deed of trust securing bonds

 Any municipality issuing bonds or other obligations pursuant to this article by resolution or resolutions duly adopted, is hereby given authority to execute and deliver a mortgage or deed of trust, in such form, with such validity and with such remedies as at present authorized under the laws of the State of Mississippi, on any or all properties, improvements and facilities, the acquisition, construction, maintenance and/or operation of which are provided for by this article. Such resolution or resolutions of said municipality shall prescribe the provisions, covenants and conditions of any such mortgage or deed of trust. Such provisions, covenants and conditions, if not self-executing, may be enforced by appropriate proceedings, either in law or in equity.
MS Code § 59-7-423 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-423. Applicability of municipal debt limitations to bond issues; funds from which bonds payable

 The bonds or other obligations issued by any municipality of the State of Mississippi pursuant to this article shall not constitute a debt within the meaning of any statutory limitation as to the amount of debt which may be incurred by any such municipality, nor shall such bonds or other obligations be payable out of any funds other than the revenue collected or collectible from the use of said docks, harbors and facilities of whatsoever nature, and out of the receipts the said one mill ad valorem tax, in accordance with the provisions of Section 59-7-403.
MS Code § 59-7-425 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 9 - Additional Cumulative Provisions|§ 59-7-425. Exemption from taxation of bonds

 Bonds or other obligations issued pursuant to this article and any interest thereon or income therefrom shall be exempt from all taxation, except gift, transfer and inheritance taxes, in so far as may be within the power of the State of Mississippi so to provide.
MS Code § 59-7-451 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 10 - Port Commissions in Counties Bordering on Mississippi River|§ 59-7-451. Creation of additional county port commissions authorized

 Any county in the State of Mississippi bordering on the Mississippi River which has not heretofore created a county port authority or county port commission is hereby authorized, in the discretion of the board of supervisors of such county, as evidenced by a resolution adopted by such board of supervisors, to create a county port commission.
MS Code § 59-7-453 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 10 - Port Commissions in Counties Bordering on Mississippi River|§ 59-7-453. Membership of commission; appointment and terms of office of members; general powers and duties

 Such county port commission shall consist of seven (7) members to be appointed by the board of supervisors, one (1) of whom shall represent each of the supervisors districts of the county and shall be a resident of such supervisor's district, and two (2) members shall be appointed from the county at large and be residents of the county. The two (2) at-large members shall be designated as post 1 and post 2. The initial terms of office of the members representing the supervisors districts shall expire as follows: District 1, July 1, 1974; District 2, July 1, 1975; District 3, July 1, 1976; District 4, July 1, 1977; District 5, July 1, 1978. The at-large members' terms shall expire as follows: post 1 shall expire July 1, 1979, and post 2 shall expire July 1, 1981. All succeeding terms shall be for terms of five (5) years. Any vacancy occurring therein shall be filled for the unexpired term by appointment of the board of supervisors. Where such port commission has been established or may be established as herein provided, the said port commission shall undertake and perform the duties assigned to it by the board of supervisors, and said commission shall manage and control all port facilities which may be authorized and constructed by virtue of the terms and provisions of Sections 59-7-101 through 59-7-131, 59-7-201 through 59-7-213, and 59-7-501 through 59-7-519, and all appurtenant and physical properties connected therewith, both real and personal, and shall provide for the regular inspection, repair, maintenance and improvement of said port facilities as provided therein.   In addition to the authority granted herein, and notwithstanding the provisions of any other law to the contrary, the commission may, subject to the approval of the board of supervisors, purchase any existing railroad or railroad facilities, within or without such county, which it deems necessary for the development of its port facilities.   In addition to any other authority to borrow funds for the purposes of this chapter, the board of supervisors may borrow funds from any agency of the United States government on such terms as the board determines to be in the best interest of the county.   Any railroad or railroad facilities purchased under the provisions of this section may be operated by the county or others on behalf of the county, or may be leased to others by the county. The commission may establish, charge and collect any tariffs, rates or other charges in connection therewith as may be necessary or advisable to accomplish the purposes of this section.
MS Code § 59-7-455 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 10 - Port Commissions in Counties Bordering on Mississippi River|§ 59-7-455. Operative date of commission's duties and authority; expenditure of county funds

 The duties and authority conferred in Sections 59-7-101 through 59-7-131, through 59-7-201 through 59-7-211, 59-7-501 through 59-7-519, and Sections 27-39-3 through 27-39-13, Mississippi Code of 1972, shall apply to any county coming within the provisions of this article commencing on the date of the adoption of the aforesaid resolution by the board of supervisors of said county; provided, however, that the members of such port commission shall be appointed by the method and for the terms as herein provided. In addition to the authority granted herein, the board of supervisors may, in its discretion, expend funds from any available source, including the county general fund and federal revenue sharing funds, to carry out the purposes of this article.
MS Code § 59-7-501 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 11 - Revenue Bonds|§ 59-7-501. Authorization for issuance of revenue bonds for port or harbor improvement

 The board of supervisors of any county which has elected or hereafter may elect to establish a port commission under the provisions of Article 3 of this chapter, and which desires to improve its port and harbor facilities by the construction, maintenance and operation of any revenue-producing port and/or harbor facility or facilities may issue revenue bonds of such county to provide funds for such purpose.
MS Code § 59-7-503 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 11 - Revenue Bonds|§ 59-7-503. Issuance of bonds without election; form, terms and execution of bonds

 Revenue bonds authorized by Section 59-7-501 may be issued without an election thereon upon the adoption of a resolution by the board of supervisors of such county upon the request and recommendation of the port commission of such county. Such revenue bonds shall not be subject to any limitation as to amount and shall not be included in computing the statutory limitation of indebtedness of such county under any present or future law. Such bonds shall bear date or dates, shall be of such denomination or denominations, shall be payable at such place or places within or without the State of Mississippi, shall mature at such time or times and upon such terms and may be made redeemable prior to maturity with or without premium, shall bear such registration privileges and shall be in substantially such form as shall be determined by resolution of the board of supervisors of such county. Such bonds shall mature in annual installments beginning not more than five (5) years from the date thereof and extending not more than twenty-five (25) years from the date thereof. Such bonds shall be signed by the president of the board of supervisors of such county and the official seal of the county shall be affixed thereto, attested by the clerk of the board of supervisors of such county. The interest coupons to be attached to such bonds may be executed by the facsimile signatures of such officers. Whenever such bonds shall have been signed by the officials designated to sign the same who were in office at the time of such signing but who may have ceased to be such officers prior to the date of the sale and delivery of such bonds, or who may not have been in office on the date such bonds may bear, the signatures of such officers upon such bonds and coupons shall nevertheless be valid and sufficient for all purposes and have the same effect as if the person so officially signing such bonds had remained in office until the delivery of the same to the purchaser or had been in office on the date such bonds may bear.
MS Code § 59-7-505 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 11 - Revenue Bonds|§ 59-7-505. Interest on bonds

 All bonds shall bear interest at such rate or rates as may be determined by resolution of the board of supervisors of the county issuing them, not to exceed an overall maximum interest rate to maturity than that allowed in Section 75-17-103, Mississippi Code of 1972. No bond shall bear more than one (1) rate of interest; each bond shall bear interest from its date to its stated maturity date at the interest rate specified in the bid; all bonds of the same maturity shall bear the same rate of interest from date to maturity; all interest accruing on such bonds so issued shall be payable semiannually or annually, except that the first interest coupon attached to any such bond may be for any period not exceeding one (1) year.   No interest payment shall be evidenced by more than one (1) coupon and neither cancelled nor supplemental coupons shall be permitted; the lowest interest rate specified for any bonds issued shall not be less than sixty percent (60%) of the highest interest rate specified for the same bond issue. The interest rate of any one (1) interest coupon shall not exceed the maximum interest rate allowed on such bonds.   Each interest rate specified in any bid must be in multiples of one-eighth of one percent (1/8 of 1%) or in multiples of one-tenth of one percent (1/10 of 1%), and a zero rate of interest cannot be named.
MS Code § 59-7-507 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 7 - County and Municipal Harbors|Article 11 - Revenue Bonds|§ 59-7-507. Negotiability of bonds and coupons; exemption from taxation

 All bonds and interest coupons issued under the provisions of this article shall have and hereby are declared to have all the qualities and incidents of negotiable instruments under the Uniform Commercial Code of the State of Mississippi. Such bonds and the income therefrom shall be exempt from all taxation within the State of Mississippi.