reglab/housing_qa huggingface dataset:
MS Code § 65-13-7 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-7. Definitions

 Whenever used in this chapter, unless a different meaning clearly appears in the context, the following terms, whether used in the singular or plural, shall be given the following respective definitions:   "Highway and street revenue bond authority" or "authority" means an instrumentality through which certain municipalities intend to accomplish the purposes of this chapter.   "Trustee" shall refer to the board of trustees of the highway and street revenue bond authority created by this chapter.   "Governing body" shall refer to the board of supervisors of a county, mayor and board of aldermen of towns and cities, directors of districts, commissioners and other governing bodies of any municipal government or agency located in the State of Mississippi.   "Highways and streets" shall be deemed to include roadways, pavements, culverts, bridges, driveways, and also all property, rights, easements, and franchises relating thereto and deemed necessary or convenient for the operation thereof.   The term "cost" shall include the cost of all construction, maintenance, and operation of facilities constructed; and shall embrace the cost of all land, property, rights, easements, and franchises acquired, which are deemed necessary for such construction; financing charges; interest prior to and during construction and for eighteen months after acceptance of the completed work by the highway and street revenue bond authority; cost of traffic estimates, engineering and legal expenses, plans, specifications, surveys, estimates of cost and of revenues, other expenses necessary or incident to determining the feasibility or practicability of the enterprise; administrative expense; and such other expenses as may be necessary or incident to the financing herein authorized and the construction and the placing of the completed facility in operation.   "Develop" shall refer to the initiation, creation, studying, planning, purchasing, financing, constructing, building, surveying, platting, and otherwise bringing into being facilities planned and designed to serve the purposes of this chapter.   "Project" shall mean any section, part, phase, or other subdivision of the total work involved in the construction of highways and streets as outlined in this chapter.   "Sealed bid procedure" shall refer to the procedure designated under Section 31-19-25 Mississippi Code of 1972, wherein the governing authority advertises for the sale of bonds, and as supplemented herein.   "Revenues" shall mean all charges, rentals, tolls, rates, gifts, grants, moneys, volunteer assessments, and all other funds coming into the possession of the authority by virtue of the provisions of this chapter, except the proceeds from the sale of bonds issued hereunder. "Net revenues" shall mean the revenues after payment of costs and expenses of operation and maintenance of the project and related facilities.
MS Code § 65-13-9 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-9. Certain governmental bodies empowered to create or join authority

 Any county which embraces more than five miles of the shoreline of any existing reservoir, the construction of which was financed by revenue bonds, and any town, city, or supervisors district within such county, and any agency of the state or state department is hereby authorized and empowered separately or jointly to create or join a highway and street revenue bond authority as outlined in Section 65-13-11.
MS Code § 65-13-11 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-11. Petition for creation of authority

 A petition for the creation of a highway and street revenue bond authority may be submitted to the board of supervisors of the county in which the project or projects authorized by this chapter are to be developed. Such petition shall be signed by not less than twenty qualified electors residing within the county of the board to which the petition is submitted. Such petition shall include (1) a statement of the necessity for the service or services to be supplied by the proposed highway and street revenue bond authority, (2) the services to be provided by the authority, and (3) the limits of the facility to be constructed by the authority. Such petition shall be signed in person by the petitioners, with their respective residence addresses, and shall be accompanied by a sworn statement of the person or persons circulating the petition, who shall state under oath that he or they witnessed the signature of each petitioner, that each signature is the signature of the person it purports to be, and that, to the best of his or their knowledge, each petitioner was at the time of signing a resident of the county.
MS Code § 65-13-13 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-13. Notice of public hearing on petition

 Upon the filing of a petition with the board of supervisors as outlined above, it shall be the duty of said board to fix a time and place for a public hearing upon the question of the public convenience and necessity for the creation of the proposed authority. The date fixed for such hearing shall be not more than thirty days after the filing of the petition, and the date of the hearing, the place at which it shall be held, and the purpose of the hearing shall be set forth in a notice to be signed by the clerk of the board of said county. Said notice shall be published in a newspaper having general circulation within such county once a week for at least three consecutive weeks prior to the date of such hearing. The first such publication shall be made not less than twenty-one days prior to the date of such hearing, and the last such publication shall be made not more than seven days prior to the date of such hearing.
MS Code § 65-13-15 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-15. Finding of public convenience and necessity

 If the board of supervisors at the hearing provided in Section 65-13-13 finds that (1) the public convenience and necessity require the creation of the authority, and (2) the creation of the authority is sound and desirable, the board of supervisors shall adopt a resolution making the aforesaid findings and declaring its intention to create the authority in its respective county on the specified date.
MS Code § 65-13-17 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-17. Publication of resolution declaring intent to create authority

 A certified copy of the resolution so adopted shall be published in a newspaper having a general circulation within the county once a week for at least three consecutive weeks prior to the date specified in such resolution as the date upon which said board intends to create such authority. The first such publication shall be made not less than twenty-one days prior to the date thus specified, and the last such publication shall be made not more than seven days prior to such date.
MS Code § 65-13-19 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-19. Protest petition and election

 If ten percent (10%) of the qualified electors residing in the supervisors district, or supervisors districts if the facility to be developed is located in more than one supervisors district, file a written petition with said boards of supervisors on or before the date specified aforesaid, protesting against the creation of the authority, the board shall call an election on the question of the creation of the authority. Such election shall be held and conducted by the election commissioners of the county as nearly as may be in accordance with the general laws governing elections. Such election commissioners shall determine which of the qualified electors of such county reside within said supervisors district, or districts, and only such qualified electors as reside within said supervisors district, or districts, shall be entitled to vote in such election. Notice of such election, setting forth the time, place or places, and purpose of such election shall be published by the clerk of the board of supervisors; and such notice shall be published for the time and manner provided for the publication of the aforesaid resolution of intention. The ballots to be prepared and used at said election shall be in substantially the following form:   For creation of the highway and street revenue bond authority. . . . .( )   Against creation of the highway and street revenue bond authority. . . . .( )   and voters shall vote by placing a cross mark (X) or a check mark (Π) opposite their choice.   If no petition requiring an election be filed or if a majority of those voting at an election hereunder votes in favor of the creation of the authority, the board of supervisors shall adopt a resolution creating the authority as described in the aforesaid resolution of intention.
MS Code § 65-13-21 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-21. Costs

 All costs incident to the publication of the aforesaid notices and all other costs incident to the public hearing and election hereunder shall be borne by the parties filing the petition; and the board or boards of supervisors, in its or their discretion, may require the execution by the parties filing the petition of a cost bond in an amount and with good sureties to guarantee the payment of such costs. However, the board of supervisors may, in its discretion, pay the costs of the hearing and election, or such portion as it deems proper, if it considers the proposal to be of sufficient public interest.
MS Code § 65-13-23 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-23. Appeals to circuit court

 Any party having an interest in the subject matter and aggrieved or prejudiced by the findings and adjudication of the board of supervisors may appeal to the circuit court of his or her respective county in the manner provided by law for appeals from orders of the board of supervisors; if no such appeal be taken within a period of fifteen days from and after the date of the adoption of the resolution creating the authority, the creation of the highway and street revenue bond authority shall be final and conclusive and shall not thereafter be subject to attack in any court.
MS Code § 65-13-25 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-25. Board of trustees

 All powers of the highway and street revenue bond authority shall be exercised by a board of trustees, to be composed as follows:   Two members of the board of trustees shall be appointed by the board of supervisors. These two members shall be qualified electors who reside within the supervisors district in which the facility is located.   One member of the board of trustees shall be appointed by the board of supervisors and shall be a qualified elector not a resident of the supervisors district in which is located the proposed facility.   Any municipality joining the authority, either during organization or afterwards, shall appoint two members of the board of trustees who shall be qualified electors in the municipality appointing them.   One of the members of the board of trustees appointed under (a) above and one of the members of the board of trustees appointed under (c) above shall be appointed for an initial term of five years, but all other appointments shall be for a term of four years, or until appropriate successors in office have been appointed and have accepted appointment.   At any time the membership of a board of trustees composed as outlined herein is of an equal number, the trustees themselves shall select, from any part of the county, one member at large who shall have all the rights and privileges as any other member and who shall serve for a period of four years.   Members of the board of trustees of the authority may succeed themselves.   No member shall be appointed by the board of supervisors who is not a qualified elector and bona fide resident of the county.
MS Code § 65-13-27 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-27. Oath of trustees

 Each member of the board of trustees shall take and subscribe to the general oath of office, required by Section 268 of the Constitution of the State of Mississippi, before the chancery clerk that he will faithfully discharge the duties of the office, which oath shall be filed with the said clerk and by him preserved.
MS Code § 65-13-29 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-29. Compensation of trustees

 The trustees shall each receive not more than Twenty Dollars ($20.00) per diem, and Ten Cents (10¢) per mile for distance traveled while actually performing the business of the authority. The compensation herein authorized shall apply for no more than fourteen days per member during any calendar year.
MS Code § 65-13-33 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-33. Authority to issue bonds

 The highway and street revenue bond authority, through its board of trustees and subject to the approval of the board of supervisors and the governing body of any other municipality joining the authority, either at the time of its creation or afterward, is further empowered to finance all cost in connection with the work authorized in this chapter by the issuance of revenue bonds. Such bonds shall be issued at such times and in such amounts as shall be provided by resolution of the board of trustees and approved by the board of supervisors of the county and the governing body of other municipalities, agencies or departments involved in the payment of cost.   The board of trustees is further authorized to make such contracts, within the authority of this chapter, in the issuance of bonds as may be necessary to insure the marketability thereof. All bonds sold to any person or persons other than agencies of the county, state, or federal government will be sold by the sealed bid procedure, and the bonds will be sold and delivered to the parties proposing the lowest overall average interest cost.
MS Code § 65-13-35 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-35. Security for bonds

 All such bonds issued by the authority shall be secured solely by pledge of the net revenues which may now or hereafter come to the authority. Such bonds shall not constitute general obligations of the State of Mississippi or of the county supervisors district or municipalities comprising the authority, and such bonds shall not be secured by a pledge of the full faith, credit, and resources of said state, county, district, or municipality.
MS Code § 65-13-39 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-39. Validation of bonds

 All bonds issued pursuant to this chapter shall be validated as now provided by law by Sections 31-13-1 through 31-13-11, Mississippi Code of 1972. The services of the state's bond attorney may be employed in the preparation of such bond resolutions, forms, or proceedings as may be necessary, for which he shall be paid a reasonable fee. Such validation proceedings shall be instituted in the chancery court of the county in which the projects proposed by this chapter are located, but notice of such validation proceedings shall be published at least two times in a newspaper of general circulation and published in any county involved, the first publication of which in each case shall be made at least ten days preceding the date set for the validation.
MS Code § 65-13-41 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-41. Bonds as legal investments for public funds

 All bonds issued by the authority shall be and are hereby declared to be legal and authorized investments for public funds of counties, cities, towns, school districts, banks, savings banks, trust companies, building and loan associations, savings and loan associations, insurance companies, and for funds of the Mississippi Public Employees' Retirement System. Such bonds shall be eligible to secure the deposit of any and all public funds of cities, towns, villages, counties, school districts, or other political corporations or subdivisions of the State of Mississippi; and such bonds shall be lawful and sufficient security for said deposits to the extent of their value, when accompanied by all unmatured coupons appurtenant thereto.
MS Code § 65-13-43 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-43. Levy of assessments in lieu of tolls

 The board of trustees may, in lieu of charging and collecting tolls or in combination with the charging and collection of tolls, levy or assess adjacent property owners or the different supervisors districts, municipalities, agencies, departments, or other instrumentalities assisting in the development of the works authorized herein with an amount of money which, together with other revenues, will provide sufficient funds to carry out the purpose of this chapter. All political subdivisions of this state are hereby authorized and empowered to make such agreements with the board of trustees as are necessary to carry out the purpose of this section. All assessments shall be voluntary and at the discretion of the party or governmental subdivision upon which the assessment is to be levied. All procedures, regulations, commitments, etc., shall be outlined in detail on a resolution by the board of trustees of the authority prior to acceptance by any political subdivision of this state and agencies, commissions, departments, and other instrumentalities thereof.
MS Code § 65-13-45 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-45. Authority may act jointly with other governmental bodies

 The authority, through its board of trustees, shall have authority to act jointly with political subdivisions of the state, agencies, commissions, and instrumentalities thereof, with other states, with municipalities, and with the federal government and other agencies thereof in the performance of the purposes and services authorized in this chapter, upon such terms as may be agreed upon by the trustees.
MS Code § 65-13-47 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-47. Bond interest tax exempt

 The accomplishment of the purposes stated in this chapter being for the benefit of the people of this state and for the improvement of their properties and industries, the authority in carrying out the purposes of this chapter will be performing an essential public function, and the interest on the bonds issued hereunder shall at all times be free from taxation within this state.
MS Code § 65-13-49 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-49. Construction contracts

 All construction contracts by the authority where the amount of the contract shall exceed Two Thousand Five Hundred Dollars ($2,500.00) shall be made upon at least three (3) weeks' public notice by advertisement in a newspaper of general circulation in the area of the project, which notice shall state the thing to be done and invite sealed proposals, to be filed with the secretary of the authority, to do the work. In all such cases, before the notice shall be published, the plans and specifications for the work shall be filed with the secretary of the authority, and there remain. The board of trustees shall award the contract to the lowest bidder, who will comply with the terms imposed by such trustees and enter into bond with sufficient sureties to be approved by the trustees in such penalty as shall be fixed by the trustees, but in no case to be less than the contract price, conditioned for the prompt, proper, and efficient performance of the contract.
MS Code § 65-13-51 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-51. Designation of depository

 The board of trustees shall designate one or more banks within the county to serve as depositories for the funds of the authority, and all funds of the authority shall be deposited in such depository bank or banks.   Before designating a depository bank or banks, the trustees shall issue a notice stating the time and place the trustees will meet for such purpose and inviting the banks in the area to submit applications to be designated depositories. The term of service for depositories shall be prescribed by the trustees. Such notice shall be published one time in a newspaper or newspapers published in the area and specified by the trustees.   At the time mentioned in the notice, the trustees shall consider the applications and the management and condition of the banks filing them, and shall designate as depositories the bank or banks which offer the most favorable terms and conditions for the handling of the funds of the authority and which the trustees find have proper management and are in condition to warrant handling of authority funds. Membership on the board of trustees of an officer or director of a bank shall not disqualify such bank from being designated as a depository.   If no applications acceptable to the trustees are received by the time stated in the notice, the trustees shall designate some bank or banks within or without the authority upon such terms and conditions as they may find advantageous to the authority.
MS Code § 65-13-53 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-53. Cessation of tolls or assessments

 When the particular bonds issued for the projects to be constructed under this chapter and the interest thereon shall have been paid, or a sufficient amount shall have been provided for their payment and shall continue to be held for that purpose, and upon acceptance of the responsibility for operation and maintenance of the project by an agency of government legally authorized to do so, the authority shall cease to charge tolls or levy assessments for use of the project or projects, and thereafter the use of such projects shall be free.
MS Code § 65-13-55 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 13 - Highway and Street Revenue Bond Authority|§ 65-13-55. Authority's procedures to conform to constitutions

 Nothing in this chapter shall be construed to violate any provision of the federal or state constitutions, and all acts done under this chapter shall be done in such manner as will conform thereto, whether herein expressly provided or not. Where any procedure hereunder may be held by any court to be violative of either of such constitutions, the authority shall have the power by resolution to provide an alternative procedure conformable with such constitutions.