reglab/housing_qa huggingface dataset:
MS Code § 65-26-5 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-5. Construction of bridges or tunnels by State Highway Commission; cooperation with federal government

  The Highway Commission, subject to the Corps of Engineers' approval of the plans, is hereby granted full and complete authority to perform any act necessary and proper to plan, construct and maintain any or all of the bridges or tunnels, authorized by subsection (2) of this section as funds are available, which shall span the Tennessee-Tombigbee Waterway from the funds derived from this chapter and any other funds available for such construction except that no state funds other than those explicitly provided by this chapter shall be used.     The Highway Commission may construct bridges or tunnels, whichever is more feasible as determined by the commission, only on United States Highways 45, 72, 78, 82 and 278 and Mississippi Highways 4, 6, 25, 30 and 50, as funds are available as authorized by this chapter.   Any bridge or tunnel constructed on United States Highways 45, 72, 78 and 82 shall have four (4) lanes. Any bridge or tunnel constructed on United States Highway 278 and Mississippi Highways 4, 6, 25, 30 and 50 shall have two (2) lanes. The bridges or tunnels shall be constructed by order of priority as determined by the Highway Commission based on the criteria of keeping the construction of the Tennessee-Tombigbee Waterway on schedule.   The Highway Commission is hereby authorized and directed, in the discharge of its duties under this chapter, to cooperate with the Corps of Engineers, and Department of Transportation and any other federal agency to receive any available federal funds or to secure the assumption by the federal government of all or any part of the costs of planning or constructing the bridges or tunnels and shall enter into an agreement that any bridges or tunnels on highways constructed or reconstructed, in whole or in part, with federal funds allocated for the purposes of this chapter shall be owned and operated by the State of Mississippi, and that the state will operate and maintain such bridges or tunnels or highways.
MS Code § 65-26-7 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-7. Limitation on state expenditures; excess state expenditures

  The intent of the legislature is for the state to invest not more than the amount necessary to pay the principal of and the interest on twenty-five percent (25%) of the bonds issued under the authority of subsection (1) of Section 65-26-15, not to exceed the principal amount of ten million dollars ($10,000,000.00), being twenty-five percent (25%) of the forty million dollars ($40,000,000.00) authorized to be issued. In the event the state is required to pay in excess of this amount, the state auditor of public accounts shall maintain a record of such excess expenditures, and the revenue pledged shall continue to be deposited in the bond retirement fund until the principal of and interest on all bonds issued under the authority of subsection (1) of Section 65-26-15 shall have been paid and the state has been reimbursed for its excess expenditures. The local participation shall be seventy-five percent (75%) of the total obligation incurred by the state, and such amount shall be paid into the bond retirement fund as set forth in this chapter.   The intent of the legislature is for the counties of Alcorn, Chickasaw, Clay, Itawamba, Lee, Lowndes, Monroe, Noxubee, Kemper, Pontotoc, Prentiss and Tishomingo to pay the principal of and the interest on one hundred percent (100%) of the additional bonds in the amount of thirty million dollars ($30,000,000.00) issued under the authority of subsection (2) of Section 65-26-15.   If at any time the bond retirement fund has a balance in excess of the amount needed to pay the principal of and interest on the bonds maturing in the ensuing two (2) fiscal years, such excess, to the extent necessary, shall be paid into the General Fund of the State of Mississippi until such time as the state has been reimbursed for expenditures in excess of twenty-five percent (25%) of the total costs of the principal and interest on bonds issued under the authority of subsection (1) of Section 65-26-15 and for all expenditures for costs of the principal and interest on bonds issued under the authority of subsection (2) of Section 65-26-15, and the balance of such excess shall be deposited into the bridge construction fund for cash expenditure on the construction of bridges.
MS Code § 65-26-11 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-11. Levy and disposition of bridge tolls

 The Highway Commission may levy tolls on any bridge provided for in Section 65-26-5 where the highway commission determines such tolls to be feasible. Tolls shall be levied only at such time as is provided for in subsection (3)(b)(iii) of Section 65-26-19. The revenue derived from any tolls shall be deposited directly into the bond retirement fund, and shall be used only to defray the costs incident to the collection of such tolls, the construction, maintenance and equipment of toll stations and to retire bonds issued pursuant to the provisions of this chapter, or to reimburse the State of Mississippi for any advances or expenditures in excess of twenty-five percent (25%) of the principal of and interest on bonds issued under the authority of subsection (1) of Section 65-26-15 or to reimburse the State of Mississippi for any expenditures on the principal of and interest on bonds issued under the authority of subsection (2) of Section 65-26-15. Any tolls shall be collected until terminated as provided by subsection (3) of Section 65-26-19.
MS Code § 65-26-13 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-13. Levy and disposition of state special improvement ad valorem tax in certain counties

  A state special improvement ad valorem tax of one (1) mill on the dollar for the year 1976 and for each year thereafter until eliminated as provided in subsection (4) of this section is hereby levied by the State of Mississippi on all taxable property in the counties of Tishomingo, Prentiss, Itawamba, Monroe, Clay and Lowndes of the State of Mississippi.   The tax levied by subsection (1) of this section shall be a supplemental special improvement tax levy and shall be in addition to any other state, county, municipal or other ad valorem tax being levied in any such county. The tax shall not be reimbursable under any provisions of the Homestead Exemption Law of this state.   The proceeds of the tax levied by subsection (1) of this section shall be paid to the State Tax Commission which shall deposit the proceeds into the bridge bond retirement fund. The proceeds of the tax shall be used only to retire any bonds issued pursuant to the provisions of this chapter, or to reimburse the State of Mississippi for any advances or expenditures in excess of the state share.   The state special improvement ad valorem tax levied pursuant to this section shall cease to be levied or collected for any fiscal year after the 1986 fiscal year.
MS Code § 65-26-15 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-15. Issuance of negotiable general obligation bonds authorized; acceptance and use of other funds

  The Highway Commission is hereby authorized, at one (1) time or from time to time, to declare by resolution the necessity for issuance of negotiable general obligation bonds of the State of Mississippi to provide funds for the purpose of paying all or any part of the cost of the planning or construction of the bridges or tunnels, authorized by this chapter to receive state funds, over the Tennessee-Tombigbee Waterway, but in no event shall the amount of bonds issued exceed a total of Forty Million Dollars ($40,000,000.00) for such planning or construction of such bridges or tunnels. The counties of Alcorn, Chickasaw, Clay, Itawamba, Lee, Lowndes, Monroe, Noxubee, Kemper, Pontotoc, Prentiss and Tishomingo are hereby obligated to reimburse the State of Mississippi for seventy-five percent (75%) of the total cost of the bonds, not to exceed Thirty Million Dollars ($30,000,000.00), and to pay the debt service thereon.   In the manner and for the purposes described in subsection (1) of this section, the Highway Commission is hereby authorized at one (1) time or from time to time, to declare by resolution the necessity for issuance of additional negotiable general obligation bonds of the State of Mississippi in an amount not to exceed Thirty Million Dollars ($30,000,000.00). The counties of Alcorn, Chickasaw, Clay, Itawamba, Lee, Lowndes, Monroe, Noxubee, Kemper, Pontotoc, Prentiss and Tishomingo are hereby obligated to reimburse the State of Mississippi for one hundred percent (100%) of the total cost of the bonds issued under the authority of this subsection and to pay the debt service thereon.   Notwithstanding the foregoing provisions of this section, no general obligation bonds authorized herein shall be issued after April 23, 1986.   The Highway Commission is authorized to accept and to use funds from whatever source available, other than state funds which are not explicitly pledged under this chapter, in completing the construction authorized by this chapter and shall furnish to the State Bond Commission the amounts of federal funds to be expended on each bridge or tunnel, which is to be partially funded under the provisions of this chapter. The Highway Commission shall not request bonds to be issued in an amount which when added to other funds available will exceed the actual cost of construction nor where construction of any such bridge or tunnel may be accomplished by the Corps of Engineers or any other federal agency.
MS Code § 65-26-17 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-17. Levy of bridge tax in certain counties for purpose of funding payment of interest and principal upon bonds

 For the purpose of providing funds for the payment of interest and principal upon bonds authorized by this chapter, there shall be levied, assessed and shall be collected, when required by this chapter, from every person in the Counties of Alcorn, Chickasaw, Clay, Itawamba, Kemper, Lee, Lowndes, Monroe, Noxubee, Pontotoc, Prentiss and Tishomingo engaging in or doing business, a tax which may be cited as a "bridge tax" which shall be in addition to all other taxes now imposed, as hereinafter provided:   Such tax shall be a sum equal to one-half percent (1/2%) of the retail sales made in such counties.   Persons liable for the tax imposed herein shall add the amount of the tax to the sales price or gross income, and in addition thereto shall collect, insofar as practicable, the amount of the tax due by him from the person receiving the service or goods at the time of payment therefor.   Such tax shall be paid to the State Tax Commission or its successor, on a form to be prescribed by the State Tax Commission, in the same manner that state sales taxes are computed, collected and paid; and the full enforcement provisions and all other provisions of Chapter 119, Laws of 1934, as amended, shall apply as necessary to the implementation and administration of this chapter.   The proceeds of such tax shall be paid into the bond retirement fund.
MS Code § 65-26-21 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-21. Bonds as negotiable instruments; exemption from taxation

 All general obligation bonds of the State of Mississippi and interest coupons issued under the provisions of this chapter 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.
MS Code § 65-26-23 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-23. Sale of bonds; interest

  The Bond Commission shall sell such bonds on sealed bids at public sale, and for such price as it may determine to be for the best interest of the State of Mississippi, but no such sale shall be made at a price less than par plus accrued interest to date of delivery of the bonds to the purchaser. The bonds authorized by this chapter shall not bear a greater overall maximum interest rate to maturity than eight percent (8%) per annum. 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 seventy percent (70%) of the highest interest rate specified for the same bond issue. The interest rate of any one (1) maturity shall not exceed eight percent (8%).   Each interest rate specified in any bid must be in a multiple of one-eighth of one percent (1/8 of 1%) or one-tenth of one percent (1/10 of 1%) and a zero rate of interest cannot be named.   Notice of the sale of any such bonds shall be published at least two (2) times, the first of which shall be made not less than ten (10) days prior to the date of sale, and shall be so published in one or more newspapers having a general circulation in the City of Jackson and in one or more other newspapers or financial journals with a large national circulation, to be selected by the Bond Commission.   The Bond Commission, when issuing any bonds under the authority of this chapter, shall provide that bonds maturing eleven (11) or more years after the date of the issuance of such bonds may, at the option of the State of Mississippi, be called in for payment and redemption in reverse numerical order at the call price named therein and accrued interest, or on the tenth anniversary of the date of issue, or on any interest payment date thereafter prior to maturity.
MS Code § 65-26-25 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-25. Transfer and use of proceeds of bond sales

  Upon the issuance and sale of such bonds, the Bond Commission shall transfer the principal proceeds of any such sale or sales to the bridge construction fund hereby created in the state treasury. The proceeds of such bonds shall be used solely for the payment of the cost of the project or combined projects, which shall include costs incident to the issuance and sale of such bonds, and shall be disbursed solely upon the order of the Highway Commission under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.   Any revenues transferred to the bridge construction fund from the bond retirement fund as provided in this chapter shall be expended for the construction of any bridges described in Section 65-26-5 upon the order of the Highway Commission. Such revenues shall not be commingled with any other funds in the bridge construction fund but shall be kept separate and distinct therefrom.   Any funds in the bridge construction fund which are not needed to make current payments to meet contractual obligations shall be invested in interest-bearing certificates of deposit in accordance with the provisions of Section 27-105-33, except interest so earned shall be credited to the bridge construction fund.   When all contracts for bridge construction are paid in full then all funds in the bridge construction fund and all funds invested as provided in subsection (3) of this section shall be transferred to the bond retirement fund and no further diversion or transfer of said funds shall be made to the bridge construction fund.
MS Code § 65-26-27 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-27. Rights and remedies of bondholders

 Any holder of bonds issued under the provisions of this chapter or of any of the interest coupons pertaining thereto may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights granted hereunder, or under such resolution, and may enforce and compel performance of all duties required by this chapter to be performed, in order to provide for the payment of bonds and interest thereon.
MS Code § 65-26-29 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-29. Conditions on issuance of bonds; validation of bonds

  Such general obligation bonds 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. Any resolution providing for the issuance of general obligation bonds under the provisions of this chapter shall become effective immediately upon its adoption by the bond commission, and any such resolution may be adopted at any regular, special or adjourned meeting of the bond commission by a majority of its members.   The bonds authorized under the authority of this chapter shall be validated in the chancery court of Hinds County, Mississippi, in the manner and with the force and effect provided now or hereafter by Chapter 13, Title 31, Mississippi Code of 1972, for the validation of county, municipal, school district, and other bonds. The necessary papers for such validation proceedings shall be transmitted to the state bond attorney by the secretary of the bond commission, and the required notice shall be published in a newspaper published in the City of Jackson, Mississippi.
MS Code § 65-26-31 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-31. Bonds as legal investments and securities

 All bonds issued under the provisions of this chapter shall be legal investments for trustees and other fiduciaries and for savings banks, trust companies, and insurance companies organized under the laws of the State of Mississippi, and such bonds shall be legal securities which may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and bodies of this state and all municipalities and political subdivisions for the purpose of securing the deposit of public funds.
MS Code § 65-26-33 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-33. Force and effect of chapter

 This chapter shall be deemed to be full and complete authority for the exercise of the powers herein granted, but this chapter shall not be deemed to repeal or to be in derogation of any existing law of this state whereunder projects of the character herein defined may be constructed or financed.
MS Code § 65-26-35 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-35. Withdrawal of funds from bridge construction fund; report by highway commission

  The funds which are transferred from the sale of bonds under this chapter and such other funds as may be transferred to the bridge construction fund may be withdrawn only in the following manner: the funds shall be paid by the State Treasurer upon warrants issued by the State Auditor of Public Accounts, which warrants shall be issued upon requisition by the Highway Commission, signed by the director.   All expenditures ordered by the Highway Commission shall be entered upon its minutes, and the Highway Commission shall submit a full report of its work and all the transactions carried on by it, and a complete statement of all its expenditures at the next regular session of the legislature.
MS Code § 65-26-37 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 26 - Tennessee-Tombigbee Waterway Bridges|§ 65-26-37. Duties of attorney general as to bonds; expenditures for costs of issuing bonds

 Except as otherwise authorized in Section 7-5-39, the Attorney General of the State of Mississippi shall represent the Transportation Commission in issuing, selling and validating bonds herein provided for, and said Transportation Commission is hereby authorized and empowered to expend any sum not to exceed Forty Thousand Dollars ($40,000.00) on approval by the State Bond Commission from the proceeds derived from the sale of bonds authorized in subsections (1) and (2) of Section 65-26-15, or from other funds available to the Transportation Commission, to pay the cost of approving attorney's fees, validating, printing and cost of delivery of bonds authorized under this chapter.
MS Code § 65-27-1 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 27 - Ferries; General Provisions|§ 65-27-1. Toll ferries and free ferries

 The board of supervisors may establish and license toll ferries, and fix the toll; and where the public convenience and travel justifies it, may establish and maintain free ferries, or in its discretion toll ferries at public expense; and the board of supervisors shall fix the salary of the ferryman or ferrymen to run such free or toll ferry. The board of supervisors may make allowance to pay for ferry boats and things to run same, and may establish ferries over rivers or other watercourses where public road is parallel with and on one bank of the river or watercourse, and public or private roads on the opposite bank.
MS Code § 65-27-3 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 27 - Ferries; General Provisions|§ 65-27-3. Right of owner of the soil

 The owner of the soil over which any toll ferry, bridge, turnpike, causeway, or plank road is established shall have the preference over all other persons to be licensed to keep the same, upon complying with the law and the orders of the board of supervisors within the time fixed by the board.
MS Code § 65-27-5 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 27 - Ferries; General Provisions|§ 65-27-5. Bond required of the keeper of a toll ferry

 Every person licensed to keep a toll ferry shall give bond, with two or more sufficient sureties, to be approved by the president and clerk of the board of supervisors, payable to the county, and in a penalty of not less than five hundred nor more than two thousand dollars, to be fixed by the board, conditioned to constantly provide and keep good and sufficient boats and appliances for the speedy and safe transportation of persons and property over the stream, to provide safe landings for the ferryboat, and in all things to comply with the law and the reasonable orders of the board regulating the keeping of the ferry; but saving to the keeper a reasonable time within which to repair damage done by sudden freshet, storm, or other unforeseen accident.
MS Code § 65-27-7 (2020)
2020 Mississippi Code|Title 65 - Highways, Bridges and Ferries|Chapter 27 - Ferries; General Provisions|§ 65-27-7. Bond may be sued on

 The bond given by the keeper of a toll ferry, bridge, turnpike, causeway, or plank road may be put in suit by the county, or by any person damaged, for a breach thereof; and the bond may be sued on from time to time until the whole penalty be recovered. The board of supervisors may require such bonds to be renewed when proper.