reglab/housing_qa huggingface dataset:
MS Code § 59-15-11 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 15 - Small Craft Harbors|§ 59-15-11. Details of bonds; interim certificates

 The power to issue bonds or other obligations authorized by Sections 59-15-1 through 59-15-9, shall be vested in, and may be exercised from time to time by, the governing body of any municipality described in said sections. Such bonds or other obligations shall be authorized by resolution of the governing body of any such municipality and shall bear such date or dates, mature at such time or times, not exceeding twenty-five years from their respective dates, bear interest at such rate or rates, not exceeding four per centum per annum, be in such denomination, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of prior redemption, with or without premium as such resolution or resolutions may provide. Such bonds or other obligations may be sold at public or private sale for such price or prices as the governing body of such municipality shall determine, provided that the interest cost to maturity of the money received from any issue of said bonds or other obligations shall not exceed four per centum per annum. Such bonds or other obligations may be issued by any municipality described in Sections 59-15-1 through 59-15-9 in a principal amount not exceeding in the aggregate one hundred thousand dollars ($100,000.00), for any purpose or purposes authorized by said sections. Such municipality shall have power out of any funds available to purchase any bonds or other obligations issued by it pursuant to this chapter, and all bonds or other obligations so purchased shall be canceled and no bonds or other obligations shall be issued in lieu thereof. In anticipation of the issuance of the definitive bonds authorized by this chapter, any such municipality may issue interim certificates. Such interim certificates shall be in such form, contain such terms, conditions or provisions, bear such date or dates, and evidence such agreement or agreements relating to their discharge by payment or by the delivery of the definitive bonds, as such municipality by resolution of its governing body may determine. Any bonds, interim certificates or other obligations issued pursuant to this chapter shall be fully negotiable within the meaning and for all the purposes of the Mississippi Uniform Commercial Code.
MS Code § 59-15-13 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 15 - Small Craft Harbors|§ 59-15-13. Disposition of proceeds of bonds; penalties for diversion; guarantee of payment of bonds

 The proceeds from the sale of any bonds or other obligations issued pursuant to this chapter shall be placed to the credit of the municipality issuing such bonds in a bank or banks which are members of the Federal Reserve System 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 or purposes set forth in the original resolution of the governing body 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 such municipality shall be guilty of a felony and punishable accordingly, and shall be liable both personally and on official bond for such diversion. Nothing in this chapter shall be construed as a guarantee on the part of such city to pay the principal of or interest on any bonds or other obligations issued pursuant to this chapter.
MS Code § 59-15-15 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 15 - Small Craft Harbors|§ 59-15-15. Mortgage or deed of trust

 Any municipality issuing bonds or other obligations pursuant to this chapter by resolution or resolutions duly adopted, is hereby given authority to execute and deliver a mortgage or deed of trust on any or all lands, properties, improvements and facilities, the acquisition, construction, maintenance or operation of which are provided for by this chapter. Such resolution or resolutions of such 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 § 59-15-17 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 15 - Small Craft Harbors|§ 59-15-17. Exemption from taxation of bonds

 Bonds or other obligations issued pursuant to this chapter and any interest thereon or income therefrom shall be exempt from all taxation, except gift, transfer or inheritance taxes, in so far as may be within the power of the State of Mississippi so to provide.
MS Code § 59-17-1 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-1. Short title; "board" defined

 This chapter may be cited as the "State Inland Ports Law."   As used in this chapter, the word "board" shall mean the Mississippi Development Authority.
MS Code § 59-17-3 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-3. Declaration of public policy

 It is hereby declared to be the public policy of the state to aid the industrial development and economy of the state through the acquisition, promotion, development, improvement and expansion of inland ports and attendant industrial sites.
MS Code § 59-17-5 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-5. Construction of chapter

  This chapter shall be construed liberally and broadly to effectuate the policy and purposes set out herein.   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.   The provisions of this chapter shall not be construed to repeal, amend, limit, or restrict statutes heretofore or hereinafter enacted, providing for the establishment, support, financing, and maintenance of port commissions, authorities, or other local agencies having jurisdiction over harbors, ports, rivers, channels, and waterways, nor to be applicable to any bond issue, heretofore or hereafter issued for port or harbor purposes by any county or municipality in which said port is located, and the provisions hereof shall be supplemental and cumulative and shall not repeal, limit, or restrict the authority granted any public body or agency under any existing statute, except as herein otherwise expressly provided.
MS Code § 59-17-7 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-7. Functions of board and inland port as essential governmental functions

 The carrying out of the corporate purposes of the board and the state inland port authority is, in all respects, for the benefit of the people of the State of Mississippi and is a public purpose, and the board and such state inland port authority will be performing an essential governmental function in the exercise of the powers conferred upon them by this chapter.
MS Code § 59-17-9 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-9. Duty of board to implement public policy; construction of rights, powers and duties of board

 There is hereby vested in the board the duty to implement such declared public policy as herein provided. Wide latitude and discretion shall be vested in the board in the exercise of its powers and duties, and the enumeration of specific rights, powers, and duties of said board, when followed by general powers, shall not be construed in the restrictive sense.
MS Code § 59-17-11 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-11. Condition precedent to board action

 The board shall take no action in building, constructing, acquiring, or developing any state-owned inland port unless the Tennessee Valley Authority or other governmental agency agrees to furnish at least seventy-five percent (75%) of the cost of building, acquiring, constructing, or developing said port.
MS Code § 59-17-13 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-13. General powers of board; State Inland Port Authority authorized to borrow money and to enter into a joint agreement with a county or municipality to issue revenue bonds; leases executed by State Inland Port Authority exempt from ad valorem taxes if so stipulated in lease

  The board shall have power to acquire, purchase, install, lease, construct, own, hold, maintain, equip, use, control, and operate ports, harbors, waterways, channels, wharves, piers, docks, quays, elevators, tipples, compresses, bulk loading and unloading facilities, warehouses, floating dry docks, graving docks, marine railways, tugboats, machinery and equipment, and water, air and rail terminals, and roadways and approaches thereto, and other structures and facilities needful for the convenient use of the same in the aid of commerce, including the dredging, deepening, extending, widening, or enlarging of any ports, harbors, rivers, channels, and waterways, the damming of inland waterways, the establishment of water basins, the acquisition and development of industrial sites and the reclaiming of submerged lands.   The State Inland Port Authority, subject to the approval of the board, shall have the power to borrow money from any source, public or private, for any of its corporate purposes and to give such security as may be required in connection therewith and to enter into a joint agreement with the boards of supervisors of any county, or the governing authority of any municipality, or both acting jointly, to issue revenue bonds of such county or municipality, or both, acting jointly, as provided by Section 59-7-311 which bonds may be payable out of any revenues of the authority, including grants or contributions from the federal government or other sources. Such revenue bonds may be issued without an election on resolution of the board of supervisors, governing body of the municipality, or both acting jointly, and shall not be subject to any limitation as to amount, and shall not be included or computed in the statutory limitation of indebtedness of any such county or municipality.   All leases which are now in effect or which may hereafter be executed by the State Inland Port Authority for port, harbor, commercial or industrial improvements, and all structures and all improvements and other permanent facilities erected, installed or located by such lessees, or their successors or assignees within the limits of any port, harbor or part thereof, may be free and exempt from all state, county and municipal ad valorem taxes if so stipulated in such lease, and for such period as may be fixed in such lease, not to exceed such periods of time as are now authorized or may be hereafter authorized by law.
MS Code § 59-17-15 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-15. Acceptance of grants and contributions by board

 The board, in addition to the monies which may be received by it from the sale of bonds, the proceeds of a loan, and from the collection of revenues, rents and earnings derived under the provisions of this chapter, shall have the authority to accept from any public or private agency, or from any individual grants or loans for or in aid of the construction of any planned development, or for the payment of bonds, and to receive and accept contributions from any source, of money or property or other things of value to be held, used and applied only for the purposes for which such grants, loans or contributions may be made.
MS Code § 59-17-17 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-17. Appraisal of plan for project; agreement between board and county or agency proposing project

 On the receipt of an application from any county or agency authorized under the laws of the State of Mississippi to operate or support a port or harbor project, or any part thereof, the board shall cause an independent determination and appraisal to be made of such analysis and survey, and the plan for the improvement, operation, development and expansion of such port or harbor, or any part thereof, and if the board shall find and determine that the plan for the improvement, operation, development or expansion of such port or harbor, or any part thereof, is practical and feasible and is in the public interest, and that such port or harbor, or any part thereof, can be operated economically under state ownership, and that the revenues therefrom would be sufficient, over a period of time, to make such ownership and/or operation by the state self-liquidating, then the board, in its discretion, may negotiate with such participating counties as required by this chapter or other authorized agency on the terms of an agreement for the acquisition by the state of such port or harbor, or any part thereof. The board may modify the proposed plan for the improvement, operation, development or expansion of such port or harbor, or any part thereof, and may impose such terms and conditions as, in its discretion, it may require to protect the interest of the state. Any agreement reached between the board and the participating counties, or other authorized agency, shall be reduced to writing.
MS Code § 59-17-19 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-19. Tax levy by counties for payment of bonds

 Before any additional bonds may be issued for equipment as authorized by Section 59-17-41, at least one (1) county shall have levied a tax upon all the taxable property, both real and personal, within its boundaries for the purpose of paying the principal and interest on such bonds and the aggregate amount of the additional issue shall have been approved by the board of economic development. Such tax shall be in an amount sufficient to pay the principal of and interest on the additional bonds issued for equipment as authorized by Section 59-17-41, and such tax levy shall not be reimbursable under the homestead exemption laws of this state.   The ad valorem tax levied by any county or counties under this section shall be reduced in whole or in part when the board and the state inland port authority find and determine that there has been or will be received in the state inland port authority fund a sufficient sum of money from other net revenues, thereby eliminating the need for this county tax levy.
MS Code § 59-17-21 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-21. Contract with master water management district to underwrite financial obligations for project

 In the event no three (3) counties shall contract on the basis provided for in Section 59-17-19, then any master water management district may be considered an authorized agency and may enter into a contract with the board whereby they must agree to underwrite any deficits incurred from the operation of the port and/or obligations incurred by the board for the port authority. The board will contract with a master water management district only after they have been convinced that adequate security has been furnished the board to protect the state's investment.
MS Code § 59-17-23 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-23. Operation of port or harbor by state inland port authority; composition of authority; appointment and terms of office of members

 Any port or harbor, or any part thereof, and all facilities, structures, lands or other improvements, leased by, acquired by or conveyed to the state shall be operated by the board acting through a state inland port authority for such port or harbor, except as may be otherwise provided in this chapter. Such port authority shall be vested, in addition to the rights, powers and duties conferred hereunder, with the same jurisdiction, and the same rights, powers, and duties vested by law, in other port authorities within the state. Any conflict with other laws shall be governed by this chapter.   The state inland port authority shall consist of one member from the county in which the port is located and one member from each county that is contiguous to the county in which the port is located to be appointed for a period of four years by the respective board of supervisors of each of those counties, provided each county has levied the two mills required in Sections 59-17-19 and 59-17-21 and the governor shall appoint one member from each participating county outlined above of which two mills has been levied, plus one additional member from any one of the participating counties outlined above of which two mills has been levied. The initial terms by the governor's appointees shall be staggered, one member appointed for two years and others by adding one additional year; no term shall exceed five years. The number of years to be served on regular terms shall be the same number as the number of governor's appointees.   In the event the contracting agency is any master water management district, the board shall consist of the following: one member from the county in which the port is located and one member from each county that is contiguous to the county in which the port is located to be appointed by the respective boards of supervisors for a period of four years, and the governor shall appoint one member from each of the counties outlined above, plus one additional member from any one of the counties outlined above. The governor's five appointees' initial terms shall be for one, two, three, four and five years respectively, but all succeeding appointments shall be for terms of five years.
MS Code § 59-17-25 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-25. Organization of state inland port authority; oath and bond of members

 The members of the state inland port authority shall organize under the direction of the board in the same manner that state port authorities are organized and shall be entitled to compensation not exceeding that authorized by law for a state port authority. In its operation of such port or harbor, or any part thereof, such state inland port authority shall not be responsible to the counties participating, in which such port or harbor, or any part thereof, may be located, or other authorized port or harbor agency, but shall be responsible solely to the board. Before entering upon the duties of the office, each of said members shall take and subscribe to the oath of office required by Section 268 of the Mississippi Constitution of 1890, and shall file same with the secretary of state, and shall give bond in the sum of ten thousand dollars ($10,000.00), with a surety company or companies, authorized to do business in this state, conditioned according to law, and to be delivered to and approved by the treasurer of the State of Mississippi; the premiums on said bonds shall be paid from port funds.
MS Code § 59-17-27 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-27. State inland port fund; board may contract for joint activities or employment of personnel

 The agreement between the board and the participating counties or other authorized agency shall provide that a fair and proportionate part of the expense of the board administering this chapter shall be considered a part of the cost of the development or operation of the planned development, and such costs shall be paid into a separate state fund in the state treasury, to be known as the "state inland ports fund." Such fund shall be used by the board for the promotion, development, construction, improvement, expansion, maintenance, advertising, and general advancement of the state harbors, ports, rivers, channels, and waterways and may be expended on requisition of the board for such purposes and such other purposes as in the opinion of the board is to the best interest of the ports, harbors, and waterways of this state. The salaries of all officers, employees, or agents of the board, performing duties required by this chapter, and all other expenses incidental to the port, harbor, or waterway operation of the board shall be fixed by the board and payable out of said fund. The board may contract with one or more state inland port authorities, or any city, county or other authorized port or harbor agency for any joint activity or for the joint employment of personnel with the expense of the activity or salary of such personnel to be paid by the board from operational funds provided by the contracting parties.
MS Code § 59-17-29 (2020)
2020 Mississippi Code|Title 59 - Ports, Harbors, Landings and Watercraft|Chapter 17 - State Inland Ports|§ 59-17-29. Setting aside or leasing of lands and facilities by board

 The board, acting jointly with the State Inland Port Authority, is authorized to set aside, or lease all or portions of any lands, roads, docks, sheds, warehouses, elevators, compresses, floating dry docks, graving docks, marine railways, tugboats, or any other necessary or useful improvements constructed or acquired by it to individuals, firms, or corporations, public or private, for port, harbor, commercial or industrial purposes for a period not to exceed ninety-nine (99) years, or to execute a conveyance of sale on such terms and conditions and with such safeguards as would best promote and protect the public interest. Any industrial lease of lands or conveyance of sale may be executed upon such terms and conditions and for such monetary rental or other consideration as may be found adequate and approved by the board in orders or resolutions authorizing the same. Any covenants and agreements of the lessee or purchaser to make expenditures in determined amounts, and within such time or times, for improvements to be erected upon the land by such lessee or purchaser and to conduct thereon industrial and/or other operations in such aggregate payroll amounts and for such period of time as may be determined and defined in such lease or conveyance, and to give preference in employment where practical to residents of the State of Mississippi and to qualified residents of the city and the county in which such port or harbor is located, shall, if included in such lease or conveyance, constitute and be deemed sufficient consideration for the execution of any such lease or conveyance in the absence of monetary rental or other considerations; any such instrument may contain reasonable provisions giving the lessee the right to remove its or his improvements upon the termination of the lease.