reglab/housing_qa huggingface dataset:
MS Code § 43-35-203 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-203. Revenue bonds; form; maturity; execution; interest

 The governing authorities of any municipality which has elected, or hereafter may elect, to exercise or delegate the power and authority to establish and construct municipal parking facilities for motor vehicles belonging to the general public, as provided in Section 43-35-201, and the governing authorities of any urban renewal agency or redevelopment authority to which such power and authority shall have been delegated are hereby authorized and empowered, in their discretion, to issue bonds for the purpose of acquiring land and property for a municipal parking facility and related structures and also for owning, erecting, building, establishing, operating and maintaining such facilities and related structures and to remodel or repair the same, and to refund outstanding bonds and to pay costs relating to the issuance of such bonds and interest on such bonds and to establish any reserves determined to be appropriate. Such bonds may be issued without an election thereon upon the adoption of a resolution by the governing authorities of such issuing authority. Such 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 issuing authority under any present or future law. Such bonds shall bear date or dates, shall be of such denomination or denominations, shall bear interest at such rates not to exceed the maximum rate specified in Section 75-17-103, 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 governing authorities of such issuing authority.   Such bonds shall be executed by the manual or facsimile signature of the mayor or chairman and clerk or secretary of such issuing authority, with the seal of the issuing authority affixed thereto or reproduced thereon. 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 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 § 43-35-205 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-205. Revenue bonds; sale

 The governing authorities of such municipality shall sell such bonds on sealed bids at not less than par plus accrued interest to date of delivery of the bonds to the purchaser and in the manner provided in Section 31-19-25, Mississippi Code of 1972.
MS Code § 43-35-207 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-207. Revenue bonds; negotiability; tax exemption

 All bonds and interest coupons issued under the provisions of this article shall have and are hereby 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, except inheritance taxes.
MS Code § 43-35-209 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-209. Disposition of proceeds; additional bonds to provide for deficit; disposition of surplus

 The principal proceeds of such bonds shall be paid into a special fund in a bank or banks qualified as depositories for the municipality or for the urban renewal agency or redevelopment authority to which the municipality has delegated its power and authority with respect to such parking facilities. The accrued interest and premium, if any, shall be paid into the fund established for the payment of the principal of and interest on such bonds. The principal proceeds shall be used solely for the purposes for which such bonds were issued, except as hereinafter provided, and shall be disbursed upon order of the board of commissioners of the urban renewal agency or redevelopment authority having jurisdiction of said parking facilities, or upon order of the governing authorities of such municipality, as the case may be. If the proceeds of such bonds, by error of calculation or otherwise, shall be less than the cost of the project for which such bonds were issued and the redeeming of any outstanding bonds, then and in such event, unless otherwise provided in the resolution authorizing the issuance of such bonds, additional bonds may in like manner, be issued to provide the amount of such deficit. Unless otherwise provided in the resolution authorizing the issuance of bonds, such additional bonds shall be deemed to be of the same issue as the original bonds and shall be entitled to payment from the same funds without preference or priority to the bonds first issued for the same purpose. If the proceeds of the bonds of any issue shall exceed the amount required for the project for which the bonds were issued, such surplus shall be paid into the fund established for the payment of the principal of and interest on such bonds.
MS Code § 43-35-211 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-211. Bonds payable out of net revenues; payments in lieu of taxes

 Bonds issued under the provisions of this article shall be payable, both principal and interest, solely out of such (i) special taxes levied pursuant to subsection (1) of Section 43-35-202, (ii) parking facility tax increment financing revenues as provided in subsection (2) of Section 43-35-202, (iii) payments to be made to any redevelopment authority or urban renewal agency or municipality authorized pursuant to subsections (1), (2) or (3) of Section 43-35-202, or (iv) net revenues to accrue from the operation of the parking facilities and related structures for which such bonds were issued or any combination thereof, as shall be specified in the resolution authorizing issuance of such bonds, and the full faith and credit of the issuing authority shall not be pledged therefor, and such fact shall be recited on the face of each bond. "Revenues" as used herein with respect to parking facilities shall mean all charges, rentals, tolls, rents, gifts, grants, contributions, and all other funds accruing from the operation, lease, or sale of parking facilities and related structures; "net revenues" as used herein, shall mean the revenues remaining after payment of costs and expenses of operation and maintenance of the parking facilities and related structures. The commissioners of an urban renewal agency or redevelopment authority may, in their discretion, make payments to the municipality and county within which such parking facilities are located, in lieu of taxes, and such payments may be deducted in determining net revenues to the extent permitted in the resolution under which such bonds are issued.
MS Code § 43-35-213 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-213. Covenants affecting security of bonds; bondholders' lien

 A resolution issuing bonds in compliance with this article may include any covenants with the bondholders deemed necessary to make such bonds secure and marketable, including, but without limitation, covenants regarding the application of the bond proceeds; the pledging, application and securing of special taxes, parking facility tax increment financing revenues, payments from municipalities and counties, other revenues and the revenues of the parking facilities; the creation and maintenance of reserves; covenants to levy special taxes and other taxes; covenants to enforce agreements; the investment of funds; the issuance of additional bonds; the maintenance of minimum fees, charges and rentals; the operation and maintenance of facilities; insurance and insurance proceeds; accounts and audits; the sale of properties; remedies of bondholders; the vesting in a trustee or trustees such powers and rights as may be necessary to secure the bonds and the revenues and funds from which they are payable; the terms and conditions upon which bondholders may exercise their rights and remedies; the replacement of lost, destroyed or mutilated bonds; the definition, consequences and remedies of an event of default; and the appointment of a receiver in the event of a default.   All taxes and revenues pledged to the payment of such bonds shall be subject to a lien in favor of the holders of such bonds, and all such taxes and revenues received by the issuing authority shall be immediately subject to such lien without any physical delivery thereof or further act by the issuing authority, and such lien shall be effective as against all parties asserting claims against the issuing authority, whether by way of tort, contract or otherwise, whether or not such parties may have had notice of such lien. Such pledge or trust agreement creating the same need not be filed or recorded except in the official minutes of the issuing authority.   The state does hereby covenant with the holders of any such bonds that it will not, while any such bonds shall be outstanding, limit or diminish the right and power of any county, municipality or urban renewal agency or redevelopment authority to establish, maintain and collect rates, fees, rentals and other charges pledged to the payment of such bonds, or to levy the special taxes authorized by this article, to fulfill any covenants with or for the benefit of such bondholders, or to make or receive payments pursuant to a parking facility tax increment financing plan.
MS Code § 43-35-215 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-215. Trust agreements

 In the discretion of the issuing authority, all bonds may be further secured by a trust agreement between the issuing authority and a corporate trustee, which may be any trust company or bank having powers of a trust company within or without the state. Any such trust agreement or any resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as are reasonable and proper and not in violation of law. The trust agreement may contain provisions for the issuance of additional bonds under the procedures established by this article for any of the purposes authorized by this law which shall be secured by the revenues pledged thereunder for such bonds to the extent provided therein.   The trust agreement may include provisions to the effect that, if there is any default in the payment of principal or interest on any of said bonds, any court of competent jurisdiction may appoint a receiver to administer the properties and facilities of the authority described in the trust agreement on behalf of the municipality or urban renewal agency or redevelopment authority, including authority to sell or make contracts for the sale of any services, facilities or commodities of the authority or to renew such contracts, subject to the approval of the court appointing the said receiver; and with power to provide for the payment of such bonds outstanding, or the payment of operating expenses, and to apply the income and revenues to the payment of the said bonds and interest thereon in accordance with the resolution of the authority authorizing the issuance of such bonds and the said trust agreement. The fee for the services of any corporate trustee shall not exceed the normal charges for acting as paying agent, plus any additional amount or amounts allowed by the court as the reasonable value of services rendered by the corporate trustee.   The powers herein granted may be exercised whether or not a trust agreement is entered into and, if no trust agreement is entered into, such provisions as are above authorized may be set out in the resolution authorizing the bonds.
MS Code § 43-35-217 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-217. Validation of bonds

 Bonds authorized and issued hereunder shall be submitted to validation in the chancery court of the county in which such parking facilities are located, in the manner and with the same force and effect as now or hereafter provided by Chapter 13, Title 31, Mississippi Code of 1972.
MS Code § 43-35-219 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-219. Attorney's fees

 Prior to the authorization, issuance, and subsequent validation of bonds issued under this article, the issuing authority shall have secured the legal services of a competent practicing attorney or firm of attorneys. However, in no instance shall the attorney's fees paid for the issuance or refunding of such bonds exceed the following amounts, to-wit:   On all such bond issues the attorney's fees shall not exceed one percent (1%) of the first one million dollars ($1,000,000.00); one-half percent (1/2%) of all over one million dollars ($1,000,000.00) and not more than two million dollars ($2,000,000.00); and one-fourth percent (1/4%) of all amounts in excess of two million dollars ($2,000,000.00).
MS Code § 43-35-231 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-231. Authority conferred by article cumulative

 The authority and power conferred upon the municipalities by this article shall be cumulative and in addition to any other authorities and powers conferred upon them by law and shall not be construed to in any way diminish or limit any other such authorities or powers.
MS Code § 43-35-233 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-233. Authority for issuance of bonds

 Bonds may be issued pursuant to this article without any other proceedings or the happening of any other conditions or things than those specified or required by this article.
MS Code § 43-35-235 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 5 - Off-Street Parking and Business District Renewal|§ 43-35-235. Appointment of additional members to board of urban renewal agency

 The governing authorities of any municipality which has delegated to its urban renewal agency or redevelopment authority the powers, duties and responsibilities relating to parking facilities as provided for in Section 43-35-201, may, within their discretion, appoint two (2) additional members to the board of commissioners of such urban renewal agency, in addition to the five (5) members provided for in Section 43-35-33. Such additional commissioners shall be appointed in the same manner and for the same term, and shall have the same qualifications and shall otherwise be subject to the provisions of Section 43-35-33 and Section 43-35-35.
MS Code § 43-35-301 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-301. Declaration of legislative intent

 It is hereby declared to be the intent of the Legislature, by this article, to assist municipalities of this state in the growth, development and redevelopment of downtown areas within their corporate limits by authorizing any of said municipalities to designate areas for development and/or redevelopment and to provide a method for accomplishing said purpose.
MS Code § 43-35-303 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-303. Refurbishing of physical facilities authorized

 The governing authorities of any municipality are hereby authorized and empowered, in their discretion, to construct, repair, improve, renovate or otherwise recondition physical facilities owned or leased by the municipality within the municipalities subject to the provisions hereinafter set out.
MS Code § 43-35-305 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-305. Designation of location of facility; hearing

 The governing authorities, prior to utilizing the authority granted under this article, shall designate the area within which said facility shall be located and shall hold a hearing as provided in Section 21-41-5, Mississippi Code of 1972.
MS Code § 43-35-307 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-307. Determination of cost

 In determining the overall cost of said facility, the following are to be considered by the governing authorities: the acquisition of the land, either by purchase or lease or otherwise, and all expenses incident thereto; the cost of any surfacing, building, lighting, drainage or other improvements necessary for the safe and convenient maintenance and operation of such facility; whatever annual costs of operation are necessary by way of maintenance, police or fire protection; and all other operational or administrative expenses. The costs and all expenses incurred by virtue of this article shall be charged upon the property benefitted thereby.
MS Code § 43-35-309 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-309. Charges for use of facilities

 The governing authorities of such municipality are hereby authorized, in their discretion, to make such charges as would be deemed proper for the use of such facilities. Any revenue received from any of such charges may be pledged for the payment of bonds issued hereunder or otherwise credited against the cost and expense to be charged against the property benefitted thereby.
MS Code § 43-35-311 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-311. Levy of taxes

 The governing authorities are hereby authorized and empowered to levy, collect and make any annual special tax or assessment against the benefitted property in the designated area. However, no assessment, not to exceed five (5) mills, made under the provisions of this article shall be made against the benefitted property until notice of the proposed action is furnished to the owners of the property on which said assessment is to be made, in the same manner as provided in Section 21-41-5, Mississippi Code of 1972. At the meeting called for the hearing of any objections that may be made by said property owners, any property owner aggrieved may appear in person, by attorney, or by petition on any objection to the proposal or any part thereof. The board shall consider the objections, if any, and may confirm, modify or rescind the resolution of necessity and shall determine whether said proposal shall be implemented and how the cost thereof shall be paid. The determination of the board shall be final and conclusive at the expiration of the protest period hereinafter provided, subject only to an appeal to a court of appropriate jurisdiction within thirty (30) days after said order becomes final. If property owners owning more than one-third (1/3) of the front footage of the property in the designated area shall file a protest, then the provisions of this article shall not be utilized. Any protest made, as provided herein, shall be in writing, signed by the property owner or his legal representative and filed with the city clerk within forty-five (45) days of the adjournment of said meeting. The special tax levy herein provided shall not affect or apply to any property in the designated area that is used as residential property and qualifies as a homestead under the provisions of the Homestead Exemption Law being Sections 27-33-3 et seq., Mississippi Code of 1972.
MS Code § 43-35-313 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-313. Issuance of bonds

 The governing authorities of such municipality are hereby authorized to issue bonds for the cost hereinabove referred to or to defray any expenditures made by said municipality out of its general fund which are necessary and authorized herein. Such bonds shall be sold on sealed bids at public sale in the manner provided by Section 31-19-25, Mississippi Code of 1972. Any expenditure disbursed from said general fund shall be repaid from the proceeds of the bond issue. Any bonds issued under the provisions of this article shall have an amortization period of up to ten (10) years, such period to be determined by said governing authorities. The interest on such bonds issued under the provisions of this article shall bear a rate of interest not to exceed the limits set forth in Section 21-33-315, Mississippi Code of 1972. The principal of and the interest on such bonds shall be payable from the special taxes or assessments levied against the benefitted property in the designated area, as provided in Section 43-35-311, and may be further secured by a pledge of and payable from any revenue received from any charges for the use of facilities constructed with the proceeds of such bonds.
MS Code § 43-35-315 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 7 - Designation of Areas for Development and Redevelopment|§ 43-35-315. Article is full and complete authority for expenditures and bonds

 This article shall be deemed to be full and complete authority for the expenditure of money and the issuance of bonds as are hereby authorized and shall be construed as an additional and alternate method therefor.
MS Code § 43-35-501 (2020)
2020 Mississippi Code|Title 43 - Public Welfare|Chapter 35 - Urban Renewal and Redevelopment|Article 9 - Community Development|§ 43-35-501. Short title

 This article shall be known and may be cited as the "Community Development Law."