reglab/statecodes huggingface dataset:
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 7 - COUNTY AND MUNICIPAL HARBORS (§§ 59-7-1 — 59-7-519) › Article 11 - REVENUE BONDS (§§ 59-7-501 — 59-7-519) › Section 59-7-513 - Conditions for issuance of bonds; validation of bonds

The revenue bonds authorized to be issued by the provisions of this article may be issued without any other proceedings or the happening of any other conditions or things than those specified or required by this article. In the discretion of the board of supervisors of such county the bonds authorized and issued hereunder may be submitted to validation in the chancery court of such county in the manner and with the force and effect now or hereafter provided by Sections
31-13-1
through
31-13-11
, Mississippi Code of 1972, for the validation of county, municipal, school district and other bonds.
Codes, 1942, § 7576-57; Laws, 1970, ch. 407, § 7, eff. 4/1/1970.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 7 - COUNTY AND MUNICIPAL HARBORS (§§ 59-7-1 — 59-7-519) › Article 11 - REVENUE BONDS (§§ 59-7-501 — 59-7-519) › Section 59-7-515 - Sources for payment of principal and interest on bonds

The revenue bonds issued under the provisions of this article shall be payable, both principal and interest, solely out of the revenues to accrue from the operation of the facilities provided through the special project for which such bonds are issued, and the full faith and credit of the county shall not be pledged therefor, nor shall any ad valorem tax be levied for the payment of such bonds or the interest thereon, and such facts shall be recited on the face of the bonds.
Codes, 1942, § 7576-58; Laws, 1970, ch. 407, § 8, eff. 4/1/1970.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 7 - COUNTY AND MUNICIPAL HARBORS (§§ 59-7-1 — 59-7-519) › Article 11 - REVENUE BONDS (§§ 59-7-501 — 59-7-519) › Section 59-7-517 - Operation and maintenance of facilities and establishment of user rates, fees and charges by county issuing bonds

Any county issuing revenue bonds under the provisions of this article is hereby authorized by contract or otherwise to provide for the operation and maintenance of facilities provided through the special project for which such bonds are issued and to establish the rates, fees and charges to be paid by users of such port and/or harbor facilities and shall provide for a revision of such rates, fees and charges from time to time as may be necessary to assure the sufficiency of funds to meet the covenants and pledges made in the resolution pursuant to which such bonds were issued.
Codes, 1942, § 7576-59; Laws, 1970, ch. 407, § 9, eff. 4/1/1970.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 7 - COUNTY AND MUNICIPAL HARBORS (§§ 59-7-1 — 59-7-519) › Article 11 - REVENUE BONDS (§§ 59-7-501 — 59-7-519) › Section 59-7-519 - Disposition of revenues from facilities

All revenues of every kind and character derived from the operation of the facilities of any special project authorized by the provisions of this article shall be paid into the port fund of such county and into a special account in said fund to be designated as the "special project revenue fund" and the resolution of the board of supervisors directing the issuance of such bonds shall require that such revenues shall be allocated to and shall be pledged for the following purposes:
(a)
an operation and maintenance fund out of which there shall be paid the usual and necessary expenses for the operation and maintenance of the project facilities;
(b)
a renewal and replacement fund sufficient to assure that the project facilities, including equipment, shall be kept in good repair and working order;
(c)
a bond and interest fund which shall be sufficient to provide for the payment of the principal of and the interest on the bonds as they mature and accrue, including a reasonable sum for the creation of a bond reserve fund to assure the payment of such bonds and the interest therein in the event that sufficient funds therefor are not otherwise available; and
(d)
a contingent fund to provide for unforeseen contingencies arising in the operation of the project facilities. Any surplus funds remaining after making the foregoing allocations shall be dealt with as may be directed by the resolution of the board of supervisors whereunder such bonds are issued, for the repayment of advances received from any source, for the payment of any maturities of principal and interest of such bonds, for the improvement of the port and/or harbor facilities for which such bonds were issued, or for the retirement of the outstanding bonds according to their terms.
Codes, 1942, § 7576-60; Laws, 1970, ch. 407, § 10, eff. 4/1/1970.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-1 - Declaration of public policy

It is hereby declared that the public policy of the State of Mississippi is to encourage the expansion and development of Mississippi's harbors and ports.
Codes, 1942, § 7605-26; Laws, 1956, ch. 199, § 26.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-3 - Construction of chapter

(1)
This chapter shall be construed liberally and broadly to effectuate the purposes set out herein and wide latitude and discretion shall be vested in the public authorities charged with the exercise of the powers and duties conferred upon them by this chapter, except as in the chapter otherwise expressly limited.
(2)
Nothing in this chapter shall be construed as repealing or altering existing laws affecting ports, and this chapter is to be considered as supplementary and cumulative. The grant of powers to the board of supervisors of such county, the county port authority, the governing authorities of the municipality in which the port of entry is located, and the port commission, where granted herein by reference to existing statutes, shall incorporate such statutes herein seriatim, and the subsequent amendment or repeal of such statutes shall not limit or rescind the powers and authority hereby conferred unless expressly so provided in such amending or repealing statute.
(3)
The enumeration of any specific rights and powers contained in this chapter, where followed by general powers, shall not be construed in a restrictive sense, but rather in as broad and comprehensive a sense as possible to effectuate the purposes of this chapter.
(4)
A county development commission shall have all rights, duties and powers vested upon a county port authority by this chapter.
Codes, 1942, §§ 7605-02, 7605-06, 7605-25, 7605-26; Laws, 1956, ch. 199, §§ 2, 6, 25, 26; Laws, 1958, ch. 226, §§ 2, 6; Laws, 1960, ch. 345, § 1; Laws, 1961, 2nd Ex. Sess. ch. 3, § 1; Laws, 1962, ch. 394, § 1; Laws, 1967, Ex. Sess. ch. 5, § 1; Laws, 1968, ch. 433, § 1; Laws, 1971, ch. 462, § 1, eff. 3/30/1971.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-5 - Definitions

(1)
The term "industrial operations" as used in this chapter shall include but not be limited to any and all enterprises, the operation of which will aid in the development of fisheries, shipyard operations, commerce, navigation or shipping in the port, as well as all forms of manufacturing enterprises, tourism enterprises, and service enterprises.
(2)
Wherever the words "county port authority" appear in this chapter, such words shall be deemed to be identical in meaning and in context with the words "county development commission."
Codes, 1942, §§ 7605-02, 7605-12; Laws, 1956, ch. 199, §§ 2, 12; Laws, 1958, ch. 226, § 2; Laws, 1962, ch. 394, § 1; Laws, 1967, Ex. Sess. ch. 5, § 5; Laws, 1988, ch. 359, § 1, eff. 6/1/1988.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-7 - Creation of county port authority or development commission; composition; jurisdiction

Any county in the State of Mississippi bordering on the Mississippi Sound or the Gulf of Mexico in which county there is or may hereafter be located a municipality having a harbor or port of entry where commodities are exported to foreign nations, and where there is or may hereafter be maintained a channel and/or harbor or port to a depth of not less than twenty (20) feet, and where the board of supervisors of such county shall find and determine that public necessity and convenience requires the same, as evidenced by a resolution adopted and entered on the official minutes of such board, shall have a port authority to be known as the county port authority, but in any such county having four (4) incorporated municipalities therein, such county port authority shall be called and known as the development commission of such county. The county port authority shall be composed of seven (7) resident citizens of such county, who shall be qualified electors therein, but in any such county where a county development commission has been created, such county development commission shall be composed of twelve (12) resident citizens of such county, who shall be qualified electors therein. Such county port authority or county development commission shall have jurisdiction over the ports, terminals, harbors, channels, and passes leading thereto, and all vessels, boats, and wharves, common carriers and public utilities therein, using the same within the county, and not under the jurisdiction of any municipal port commission and exclusive of the jurisdiction of the port commission of any municipality in which a port of entry is located. But by joint resolutions adopted by the governing authorities of the county and the municipality, such county port authority or county development commission may be vested with joint and concurrent jurisdiction over all or any part of said port of entry, or the channels, harbors, or passes leading thereto, outside of the corporate limits of such municipality, and within such county.
Codes, 1942, § 7605-01; Laws, 1956, ch. 199, § 1; Laws, 1958, ch. 226, § 1; Laws, 1991, ch. 314, § 1, eff. 7/1/1991.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-11 - Organization; meetings

When the members of a county port authority or county development commission shall have been appointed and shall have qualified as set out herein, they shall meet at the regular meeting place of the board of supervisors of such county, after giving at least five days' notice of the time and place of such meeting by publication in any newspaper published in the county seat of such county. At such meetings they shall elect a president and a secretary, who shall be members of the county port authority or county development commission, and adopt such rules as may govern the time and place for holding subsequent meetings, regular and special, not inconsistent with the provisions of this chapter.
Codes, 1942, § 7605-03; Laws, 1956, ch. 199, § 3; Laws, 1958, ch. 226, § 3.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-13 - Compensation of members

Each member of any county port authority or county development commission created under the provisions of this chapter shall receive per diem compensation in the amount provided by Section
25-3-69
for each day engaged in attendance of meetings of the county port authority or county development commission or engaged in other duties of the county port authority or county development commission, not to exceed one hundred twenty (120) in any one (1) year, and shall receive their actual traveling expenses, to be audited and allowed by the county port authority or county development commission.
Codes, 1942, § 7605-05; Laws, 1956, ch. 199, § 5; Laws, 1958, ch. 226, § 5; Laws, 1962, ch. 394, § 2; Laws, 1974, ch. 456; Laws, 1984, ch. 445, § 1, eff. 4/27/1984.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-15 - General powers and duties of authority or commission; director; additional clerical assistance; commission may enter into joint venture for construction and operation of facilities under jurisdiction of commission

The duties and powers of a county port authority or county development commission shall be the same, as to matters within their jurisdiction, as those set forth and prescribed by law, and as the same may be amended from time to time, relating to the duties and powers of a municipal port commission. The board of supervisors, on recommendation of the county port authority or county development commission, may appoint a county port director. The salary of the county port director shall be subject to the approval of the board of supervisors of such county, and the county port director so appointed may be the port director employed by the port commission of the municipality, in which case the board of supervisors of such county and the governing authorities of the municipality may jointly agree on pro rata payments toward the salary and expenses of such port director. The members of such county port authority or county development commission and the county port director shall be public officers within the meaning and the intent of Section
97-11-19
, Mississippi Code of 1972. The clerk of the board of supervisors of any county which has appointed a county port authority or county development commission is authorized to employ such additional clerical assistance as may be necessary or required in view of the additional duties imposed upon the board by this chapter, but no employee shall receive a salary of more than Thirty-six Hundred Dollars ($3600.00) per annum.
In addition to the general powers and duties of a county port commission or county development commission, a county port commission or development commission may enter into joint ventures or community alliances with private entities or other county port commissions or county development commissions to construct and operate any facilities under the jurisdiction of such commissions.
Codes, 1942, § 7605-04; Laws, 1956, ch. 199, § 4; Laws, 1958, ch. 226, § 4; Laws, 1960, ch. 346; Laws, 2001, ch. 327, § 1, eff. 7/1/2001.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-23 - Establishment and development of industrial parks

In addition to the powers and authority elsewhere conferred in this chapter, the board of supervisors of any county in which there has been created a county port authority or county development commission, acting through its county port authority or county development commission, may establish industrial parks with defined boundaries to develop and utilize lands for industrial operations and in such development may provide for water, sewage, drainage or similar facilities, or transportation, power or communication facilities which are incidental to the use of the lands as industrial parks. The creation of all such parks purported to be so established prior to May 2, 1976, as would comply with the provisions of this section is hereby ratified and declared valid. Transportation facilities herein authorized may include railroad lines and bridges extending not more than twenty (20) miles from such industrial parks, locomotives and other equipment to be used only in said county, but if any part of any such facility shall be in another county, only with consent of such county expressed by resolution of its board of supervisors and its county port authority or county development commission. Transportation facilities owned by a county hereunder may be operated by said county or others on behalf of such county or may be leased to others by said county; the Public Service Commission shall have no jurisdiction over such transportation facilities or the financing thereof, nor, so long as said county regulates such rates, the rates charged for the use of such transportation facilities. Revenue bonds, but not general obligation bonds, may be issued to pay the cost of such transportation, power or communication facilities, under Section
59-9-41
, or under any other law now or hereafter available, and any such facilities may be sold or leased as hereinafter provided. In connection with an industrial park any such county, through its county port authority or county development commission, may establish a comprehensive plan, may make rules and regulations to assure compliance with such plan, and may set and collect rates and charges for services furnished by such industrial park.
Codes, 1942, § 7605-06; Laws, 1956, ch. 199, § 6; Laws, 1958, ch. 226, § 6; Laws, 1960, ch. 345, § 1; Laws, 1961, 2nd Ex. Sess. ch. 3, § 1; Laws, 1967, Ex. Sess. ch. 5, § 1; Laws, 1968, ch. 433, § 1; Laws, 1971, ch. 462, § 1; Laws, 1976, ch. 416, § 1; Laws, 1988, ch. 359, § 4, eff. 6/1/1988.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-25 - Contracts for construction, maintenance, etc., of ports, facilities, etc

The board of supervisors of such county, acting through its county port authority, and the governing authorities of the municipality in which the port of entry is located, acting through its port commission, may, in their discretion and acting jointly, enter into a contract or contracts for the development, construction, repair, maintenance or operation of any seaports, wharves, piers, docks, ways, elevators, compresses, warehouses, tourism facilities, service facilities, roadways, floating dry docks, graving docks, marine railways, tugboats, and water, air and rail terminals and other structures, facilities and lands needful for the convenient use of the same in the aid of commerce, or any other property at the port of entry under the joint jurisdiction of said county port authority and such port commission under such terms and conditions as both bodies may deem best economically to the city and county wherein the port of entry is located. In the letting of contracts, and in advertisement for bids thereon, for the development, construction, repair, maintenance or operation of any structures, facilities and lands acquired pursuant to any of the provisions of this chapter, the said board of supervisors, the governing authorities of the said municipality, the county port authority and the municipal port commission shall comply with all the requirements of the general laws of the State of Mississippi governing the advertisement for bids and letting of contracts by county boards of supervisors. However, where the rentals provided in a lease will be sufficient to fully retire the cost of the particular facility, contracts for the construction, repair, maintenance and operation of the facility may be negotiated and consummated with the lessee of the facility without the necessity of advertising and obtaining competitive bids therefor. The county port authority is given full power and authority to employ engineers, attorneys and other professional and technical assistance in and about the operations, development and advancement of harbors and ports of such county, and to pay reasonable compensation therefor, such employment and compensation therefor to be approved by the board of supervisors of such county. The county port authority, and the port commission of the port of entry are jointly vested with the power and authority herein conferred, subject to the approval of the board of supervisors and the governing authorities of the municipality of all joint undertakings of such county port authority and port commission.
Codes, 1942, § 7605-07; Laws, 1956, ch. 199, § 7; Laws, 1960, ch. 345, § 2; Laws, 1988, ch. 359, § 5, eff. 6/1/1988.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-29 - Jurisdiction over lands

Any county port authority or county development commission created under the provisions of this chapter is hereby vested with full jurisdiction and control of any and all lands lying within or adjacent to any river, bay or natural lake, which are below the mean high tide mark, and which lands lie within or adjacent to any port or harbor within the jurisdiction of such county port authority or county development commission. Any such county port authority or county development commission is hereby authorized to reclaim any and all such lands by filling, dredging, or other means, to utilize, lease, sell, or dispose of same for the development and operation of the port to the same extent it is now or may hereafter be authorized to utilize its other facilities. Any such county port authority or county development commission, pursuant to resolutions adopted by the port commission and the governing body of the municipality in which the port of entry is located, may exercise joint and concurrent jurisdiction of any such lands described in such resolutions within the jurisdiction of the port commission of the port of entry, and outside of the corporate limits of such municipality, and may exercise the above powers jointly with such port commission as to such lands.
Under any such state-owned lands, if any, hereinabove turned over to the county port authority or county development commission, all oil, gas and other mineral rights are hereby reserved unto the State of Mississippi.
Codes, 1942, § 7605-09; Laws, 1956, ch. 199, § 9; Laws, 1958, ch. 226, § 7; Laws, 1967, Ex. Sess. ch. 5, § 2, eff. 6/29/1967.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-31 - Lease or sale of unused lands for industrial purposes; authority and limitations

In the event any part of such lands, as are described in Section
59-9-29
, are not used for port purposes, and navigation, commerce and fishing will not be impeded thereby, such county port authority may lease or sell the same to individuals, firms, or corporations, public or private, for industrial operations, on such terms and conditions and with such safeguards as will best promote and protect the public interest, and they are hereby authorized to transfer possession of, lease or sell any part or all of such lands by lease, deed, contract, or other customary business instrument. However, no such lease shall be executed for a term in excess of ninety-nine years from its date, and before execution of same any such lease, deed, or contract or other disposition shall be authorized by the affirmative vote of at least two-thirds (2/3) of the membership of such county port authority by order or resolution entered upon its minutes, which order or resolutions shall set forth the substantial terms of such lease, deed, contract, or other disposition. No such transaction shall be consummated until and unless the same be authorized by proper resolution of the board of supervisors, who shall join in the execution of any such instrument.
Codes, 1942, § 7605-10; Laws, 1956, ch. 199, § 10; Laws, 1967, Ex. Sess. ch. 5, § 3, eff. 6/29/1967.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-33 - Lease or sale of unused lands for industrial purposes; terms and conditions

Any lease, sale, contract, or other disposition of any or all lands referred to in Section
59-9-29
may be made upon such terms and conditions and for such consideration as may be found to be adequate by the county port authority, and approved by the board of supervisors in orders or resolutions authorizing same, and the covenants and obligations of the lessee or grantee to make expenditures in determined amounts, and within such time or times, for improvements to be erected on the land by such lessee or grantee, and to conduct thereon industrial operations in such aggregate payroll amounts and for such period of time or times as may be determined and defined in such lease, deed, contract or other disposition, shall constitute and be deemed sufficient consideration for the execution of any such lease, deed, contract or other disposition. Any such lease granted for industrial or harbor operations under paragraphs (a) and (b) of Section
59-9-19
may contain an option to buy at any time and/or upon termination thereof, and shall, however, contain reasonable provisions for the termination of the lease or reversion of possession of the land and all improvements made by lessee or grantee to the facility, including personal property, unless previously agreed to, in the event of default on the part of the lessee or grantee of his or its obligation or covenants under such agreement.
Codes, 1942, § 7605-11; Laws, 1956, ch. 199, § 11; Laws, 1967, Ex. Sess. ch. 5, § 4, eff. 6/29/1967.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-35 - Exemption from ad valorem taxes of certain lease contracts; time limit; lessee required to pay taxes after expiration of exemption

Any contract for the lease of any development for the manufacture of ships, vessels, shipyards, shipbuilding facilities, machinery and equipment, ship components, systems, parts, fuel and materials required or incidental to any of such purposes to be constructed out of the proceeds of bonds to be issued under the provisions of this chapter may be exempt from ad valorem taxation except state ad valorem taxation and school district ad valorem taxation. The time of such exemption shall not exceed a total of ten (10) years, which shall commence from the date of the contract. Any request for an exemption must be made in writing before the date of the contract.
The lessee shall be required, after the expiration of any exemption granted hereunder, to pay ad valorem taxes on the leasehold notwithstanding that title to such development is vested in the county and port authority.
Codes, 1942, § 7605-06, Laws, 1956, ch. 199, § 6; Laws, 1958, ch. 226, § 6; Laws, 1960, ch. 345, § 1; Laws, 1961, 2nd Ex. Sess. ch. 3, § 1; Laws, 1967, Ex. Sess. ch. 5, § 1; Laws, 1968, ch. 433, § 1; Laws, 1971, ch. 462, § 1; Laws, 1990, ch. 502, § 11; Laws, 1992, ch. 518, § 6, eff. 7/1/1992.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-39 - Attorney's fees for issuance of general obligation bonds

Attorney's fees for the issuance of any general obligation bonds authorized by the provisions of this chapter shall not exceed for each issue the following schedule:
(1)
Up to and including one million dollars ($1,000,000.00), one per cent (1%).
(2)
Above one million dollars ($1,000,000.00) and up to and including two million dollars ($2,000,000.00), one half of one per cent (1/2 of 1%).
(3)
Above two million dollars ($2,000,000.00), one fourth of one per cent (1/4 of 1%).
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1, eff. 5/26/1962.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-41 - Revenue bonds

In addition to the authority conferred by Section
59-9-37
, the board of supervisors of such county is further authorized, in its discretion, to issue revenue bonds of such county to provide funds for any purpose or purposes set out in this chapter or in Section
59-5-31
. Such revenue bonds may be issued upon compliance with Section
59-9-51
, and shall not be subject to any limitation as to amount, and shall not be included or computed in the statutory limitations of indebtedness of any such county. Such bonds shall bear date or dates, be in such denomination or denominations, bear interest at such rate or rates, provided that the bonds of any issue shall not bear a greater overall maximum interest rate to maturity than that allowed in Section
75-17-103
, 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, with or without premium, shall bear such registration privileges and shall be substantially in such form, all as shall be determined by resolution of the board of supervisors of such county. Such bonds shall mature in annual installments beginning not more than five (5) years from date thereof and extending not more than thirty-five (35) years from date thereof. Such bonds shall be signed by the president of the board of supervisors of such county, and the official seal of the county shall be affixed thereto, attested by the clerk of the board of supervisors of such county. The interest coupons, if any, to be attached to such bonds may be executed by the facsimile signatures of said officers. Whenever any such bonds shall have been signed by the officers herein designated to sign the bonds who were in office at the time of such signing but who may have ceased to be such officers prior to the sale and delivery of such bonds, or who may not have been in office on the date such bonds may bear, the signatures of such officers upon such bonds and coupons shall nevertheless be valid and sufficient for all purposes and have the same effect as if the person so officially signing such bonds had remained in office until the delivery of the same to the purchaser or had been in office on the date such bonds may bear.
The revenue bonds issued under the provisions of this section shall be payable solely out of the revenues to accrue from the operation of such project development, improvement or utility systems, and the full faith and credit of the county shall not be pledged therefor, nor shall any ad valorem tax be levied therefor.
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1; Laws, 1976, ch. 416, § 2; Laws, 1985, ch. 477, § 11, eff. 4/8/1985.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-43 - Sale and disposition of proceeds of bonds issued under sections 59-9-37 and 59-9-41

The board of supervisors of a county issuing bonds under Sections
59-9-37
and
59-9-41
shall sell such bonds in such manner and for such price as it may determine to be for the best interest of said county, but no such sale (other than revenue bonds) shall be made at a price less than par plus accrued interest to date of delivery of the bonds to the purchaser. Notice of the sale of any such bonds (other than revenue bonds) shall be published at least one (1) time not less than ten (10) days prior to the date of sale and shall be published in a newspaper published in and having general circulation within such county.
The proceeds of such bonds shall be paid into a special fund or funds in banks qualified to act as depositories for such county. The proceeds of such bonds shall be solely for the purposes for which they were issued, and the redeeming of any outstanding bonds, and shall be disbursed upon order of the board of supervisors of such county, with such restriction, if any, as the resolution authorizing the issuance of the bonds may provide. If the proceeds of such bonds, by error of calculation or otherwise, shall be less than the cost of the purpose for which they were issued, and the redeeming of any outstanding bonds, 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 which, unless otherwise provided in the resolution authorizing the issuance of bonds, shall be deemed to be of the same issue and shall be entitled to payment from the same fund without preference or priority of the bonds first issued for the same purpose. If the proceeds of the bonds of any issue shall exceed the amount required for the purpose for which the bonds were issued, the surplus shall be paid into the fund established for the payment of the principal of and the interest on such bonds.
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1; Laws, 1976, ch. 416, § 3; Laws, 1990, ch. 570, § 16, eff. 7/1/1990.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-45 - Negotiability and taxation of bonds issued under sections 59-3-37 and 59-9-41

Any bonds, interest coupons, interim certificates or other obligations issued under the provisions of Sections
59-9-37
and
59-9-41
shall have all the qualities and incidents of negotiable instruments under the provisions of the Mississippi Uniform Commercial Code, provided that it shall not be necessary to file any financing statements or continuation statements to perfect or protect the security of the holders of such bonds or to give notice to third parties of the existence of such security. Such bonds and income therefrom shall be exempt from all taxation within the State of Mississippi.
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1; Laws, 1976, ch. 416, § 4, eff. 5/2/1976.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-47 - Proceedings for issuance and validation of bonds issued under sections 59-9-37 and 59-9-41

Bonds authorized under the authority of Sections
59-9-37
and
59-9-41
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. The bonds authorized under the authority of this chapter may, in the discretion of the board of supervisors of such county, be validated in the chancery court of such county in a manner and with the force and effect provided now or hereafter by Sections
31-13-1
through
31-13-11
, Mississippi Code of 1972, for the validation of county, municipal, school district and other bonds.
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1, eff. 5/26/1962.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-49 - Levy of ad valorem tax for operating fund

In addition and supplemental to the rights, duties and powers now or hereafter conferred by law upon counties having created a county port authority or county development commission, the board of supervisors of any such county, at the request of the county port authority or the county development commission, is authorized and empowered, in its discretion, to levy an ad valorem tax, not to exceed two mills on the dollar of assessed valuation of the taxable property of such county, to provide an operating fund for such county port authority or county development commission.
Codes, 1942, § 7605-14; Laws, 1956, ch. 199, § 14; Laws, 1958, ch. 226, § 8; Laws, 1962, ch. 395, § 1, eff. 5/26/1962.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-53 - Pledge of county credit and resources for payment of bonds; issuance of revenue bonds

Such bonds, as are provided for in Section
59-9-37
, shall be general obligations of the county, and for the payment of such bonds and the interest thereon, the full faith, credit and resources of such county shall be and are hereby irrevocably pledged, and it shall be the mandatory duty of the board of supervisors of such county annually to levy upon all taxable property within such county an ad valorem tax sufficient to provide for the payment of such bonds as they mature and the interest thereon as it accrues, and the proceeds of such tax levy shall be used for no other purpose. In its discretion, such board of supervisors may also pledge for the payment of such bonds and interest thereon the revenues from facilities operated by the county port authority or county development commission, and any surplus revenues accruing to such county under and by virtue of Sections
65-33-45
and
65-33-47
, Mississippi Code of 1972, and not theretofore pledged or hypothecated, and any other surplus funds available to such county from any other source, and not theretofore pledged or hypothecated. The board of supervisors of such county is further authorized, in its discretion, to issue revenue bonds of such county to provide funds for any purpose or purposes set out in this chapter, in the same manner as provided in Section
59-9-57
for the issuance of joint county and municipal revenue bonds, except that the board of supervisors of such county shall be authorized to issue such revenue bonds without the necessity of joint or concurrent action by any municipality, or the necessity of a separate election in such municipality, and such revenue bonds may be secured, in the discretion of the board of supervisors of such county, as provided in the preceding sentence hereof.
Codes, 1942, § 7605-16; Laws, 1956, ch. 199, § 16; Laws, 1958, ch. 226, § 10.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-55 - Investment of proceeds of bonds

Any county which has heretofore issued bonds pursuant to this chapter, is hereby authorized to invest the proceeds of such bonds not needed for immediate use in bonds, notes or other evidences of indebtedness of the United States, but such investments shall not be made except upon the approval of the development commission or port authority.
Codes, 1942, § 7605-16.5; Laws, 1962, ch. 394, § 3, eff. 6/1/1962.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-59 - Joint bond issue; tax levy; collection and disposition of taxes

Where the issuance of bonds has been authorized as provided by Section
59-9-57
, and so long as any of such bonds shall be outstanding the board of supervisors of such county, and the governing authorities of the municipality wherein the port of entry is located in such county, are authorized to levy and collect an ad valorem tax not to exceed two mills, for the joint development, construction, maintenance, repair, or operation of harbor and port facilities authorized by this chapter, which levy shall be collected by the tax collector of such county and the tax collector of the municipality, and shall be deposited into a fund to be designated "the county port fund" and into "the municipal port fund," respectively, and which sums shall be disbursed on the requisition of the county port authority, or the port commission of the municipality, as the case may be, and which funds may also be pledged and used for the payment of bonds issued hereunder.
All taxes collected for the payment of principal of and interest on bonds issued hereunder, shall be credited to a special fund in the county and municipal treasuries of such county and municipality and to be known and designated as the "port bonds interest and sinking fund," and all sums credited to said fund shall be used to pay such bonds as they mature and the interest thereon as it accrues and for no other purpose. It shall be the mandatory duty of such board of supervisors and governing authorities of the municipality to transfer funds from said port funds to the port bonds interest and sinking fund in amounts sufficient to pay maturing principal and accruing interest on bonds issued hereunder. To the extent that funds are thus made available for the payment of such bonds and the interest thereon, the special tax levy herein provided for may be correspondingly reduced.
Codes, 1942, § 7605-18; Laws, 1956, ch. 199, § 18.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-61 - Joint bond issue; control of facilities; collection and disposition of revenues

All improvements and facilities constructed pursuant to the joint issuance of bonds by any county and municipality under the authority of Sections
59-9-57
and
59-9-59
, shall be maintained and operated under the control of the county port authority and of the port commission. The county port authority and port commission shall, subject to and in accordance with any agreement or agreements as may be made by any such county and municipality with the purchaser or purchasers of bonds or other obligations issued pursuant to this chapter, prescribe, levy, and collect all rents, fees, tolls, revenues and other charges in connection with the use and occupancy of the aforesaid improvements and facilities, and shall pay over all net revenues derived from the operation of such improvements and facilities to any trustee, or successor thereto, established as hereinafter in this chapter provided. Net revenues shall be deemed to be such as may be defined in any agreement or agreements entered into between any such county and municipality and the purchaser or purchasers of any bonds or other obligations issued pursuant to the aforesaid sections.
Codes, 1942, § 7605-19; Laws, 1956, ch. 199, § 19.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-63 - Joint bond issue; powers and duties of counties and municipalities

In connection with the issuance of bonds or other obligations by any county and municipality jointly pursuant to this chapter, such county and municipality, acting jointly, shall have the powers and duties conferred by Sections
59-7-321
and
59-7-323
, and all such powers and duties shall apply to and shall be exercised jointly by such county and municipality.
Codes, 1942, § 7605-20; Laws, 1956, ch. 199, § 20.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-67 - Reclamation of submerged lands and tidelands; conveyance of lands by state; lease or sale of lands and facilities by county

(1)
For the purposes set out in subsection (1) of Section
59-9-65
, the board of supervisors of such county, acting by and through the county port authority, and with the supervision and approval of the Mississippi Agricultural and Industrial Board, shall have the power to dredge, fill in and reclaim submerged lands and tidelands belonging to the State of Mississippi; and the state land commissioner, with the approval of the attorney general and the governor, is hereby authorized and empowered to convey such reclaimed submerged lands and tidelands to such county and to issue the state's patent therefor, but all oil, gas and other minerals in, on or under said lands are hereby specifically reserved unto the State of Mississippi. Such county, acting through its county port authority, shall have the further power to develop and utilize such lands for any of such purposes, provided, however, that no normal or natural channel shall be obstructed so as to interfere with the normal navigation therein.
(2)
The board of supervisors of such county, acting jointly with the county port authority, and with the approval of the Mississippi Agricultural and Industrial Board, shall have the power to lease such lands, for a term not in excess of ninety-nine years from the date of such lease, or to sell or otherwise dispose of such land to the State of Mississippi, or to individuals, firms or corporations, public or private, for industrial operations, on such terms and conditions and with such safeguards as will best promote and protect the public interest, and they are hereby authorized to transfer possession and/or title to any part or all of such lands by deed, lease, contract, or other customary business instrument.
(3)
Any facilities constructed or acquired for use on such lands under the provisions of Section
59-5-11
, including, but not limited to machinery or equipment, may be leased for a term not in excess of ninety-nine years from the date of such lease, or sold, or otherwise disposed of to the State of Mississippi or to individuals, firms or corporations, public or private, for industrial operations, on such terms and conditions, with such safeguards as will best promote and protect the public interest, and subject to the limitations set out in Section
59-5-11
, and the board of supervisors of such county, acting jointly with the county port authority, and with the approval of the Mississippi Agricultural and Industrial Board, is authorized to transfer possession and/or title to any part, or all of such facilities, machinery or equipment by deed, lease, contract, or other customary business instrument.
Codes, 1942, § 7605-23; Laws, 1956, ch. 199, § 23; Laws, 1967, Ex. Sess. ch. 6, §§ 1-3, eff. 6/29/1967.
Mississippi Code 1972 (2023) › Title 59 - PORTS, HARBORS, LANDINGS AND WATERCRAFT (§§ 59-1-1 — 59-25-17) › Chapter 9 - COUNTY PORT AUTHORITY OR DEVELOPMENT COMMISSION (§§ 59-9-1 — 59-9-85) › Section 59-9-69 - Additional general obligation bonds

In addition to the authority set out in subsection (1) of Section
59-9-65
, the board of supervisors of such county may issue general obligation bonds of such county in the additional maximum principal amount of five million dollars ($5,000,000.00), to provide funds for any purposes authorized by Sections
59-9-17
through
59-9-23
. Such bonds shall be issued as provided in subsections (2), (3), (4) and (5) of Section
59-9-65
, Section
59-9-73
, and subsection (2) of Section
59-9-75
.
Codes, 1942, § 7605-23; Laws, 1956, ch. 199, § 23; Laws, 1967, Ex. Sess. ch. 6, §§ 1-3, eff. 6/29/1967.