reglab/statecodes huggingface dataset:
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-17 - Lien upon bond proceeds

All moneys received from any bridge revenue bonds issued pursuant to this article shall be applied solely to the payment of the cost of the bridge or bridges, or to the appurtenant sinking fund, and there is hereby created and granted a lien upon such moneys until so applied, in favor of the holders of such bonds or the trustee hereinafter provided in respect of such bonds.
Codes, 1942, § 8456; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-19 - Trust indenture

In the discretion of the governing body of any municipality issuing its bonds under the provisions of this article, each or any issue of such bonds may be secured by a trust indenture by and between such municipality and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside of the state, which trust indenture may, in the discretion of the governing body, convey or mortgage the revenues, the bridge, or any part thereof.
Either the resolution providing for the issuance of bridge revenue bonds or such trust indenture may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants setting forth the duties of such municipality and the governing body thereof in relation to the acquisition, construction, improvement, maintenance, operation, repair, and insurance of the bridges, and the custody, safeguarding, and application of all moneys; and may also provide that the bridge or bridges shall be acquired, constructed, or partly acquired and partly constructed, and paid for under the supervision and approval of consulting engineers employed or designated by the governing body of such municipality and satisfactory to the original purchasers of the bonds issued therefor; and may also require that the security given by contractors and by any depository of the proceeds of the bonds or revenues of the bridges or other moneys pertaining thereto be satisfactory to such purchasers. It shall be lawful for any bank or trust company incorporated under the laws of this state to act as such depository and to furnish such indemnifying bonds or to pledge such securities as may be required by the governing body of such municipality. Such indenture may set forth the rights and remedies of the bondholders and of the trustee, and may restrict the individual right of action of bondholders as is customary in trust indentures securing bonds and debentures of corporations. Except as in this article otherwise provided, the governing body of such municipality may provide, by resolution or by such trust indenture, for the payment of the proceeds of the sale of the bonds and the revenues of the bridges to such officer, board, or depository as it may determine for the custody thereof and for the method of disbursement thereof, with such safeguards and restrictions as it may determine. All expenses incurred in carrying out such trust indenture may be treated as a part of the cost of maintenance, operation, and repair of the bridge or bridges affected by such indenture.
Codes, 1942, § 8457; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-23 - Contributions apart from bridge earnings

Notwithstanding any of the foregoing provisions of Section
65-25-21
, any municipality other than the state may, by resolution or ordinance passed prior or subsequent to the issuance of its bonds under the provisions of this article, or by such trust indenture, covenant to contribute funds apart from bridge earnings to pay all or any part of the cost of maintaining, repairing, and operating any bridge or bridges acquired, constructed, or improved by it under the provisions of this article, and may likewise covenant to make such contribution to the payment of bonds and the interest thereon issued pursuant to this article, by another municipality. Such covenant, authorized by such resolution, ordinance, or trust indenture, shall have the force of a contract between such municipality and the holders of the bonds issued on account of such bridge or bridges, and shall obligate the municipality to raise such funds. Any municipality in the state may aid any other municipality in the state and contribute funds to pay any part of the cost of acquiring, constructing, maintaining, repairing, and operating any bridge or bridges; and the twenty miles limitation contained in Section
65-25-3
shall have no application and shall not be construed to restrict such municipality from contributing such funds to aid the municipality which issues its revenue bonds as herein provided. But no such contribution shall be made unless authorized by a majority of the qualified electors voting in favor of same in an election held according to law for the purpose of so authorizing.
No municipality shall enter into any contract or covenant provided for in the first paragraph of this section without there being first held an election in which a majority of those voting shall authorize said covenant or contract to be entered into by said municipality.
The State of Mississippi, acting by and through the state highway commission as an agency thereof, may receive from the federal government or any agency thereof funds specifically allotted or appropriated by the federal government for constructing, acquiring, maintaining, and repairing bridges across the Mississippi River, which the state highway commission may by resolution allocate to pay the costs or any part thereof of constructing, acquiring, maintaining, repairing, and operating any bridge or bridges acquired, constructed, or improved under this article and to the payment of principal and interest of such bonds.
Codes, 1942, § 8459; Laws, 1938, ch. 283; Laws, 1938, Ex. ch. 75.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-25 - Cessation of tolls

When the particular bonds issued for any bridge or bridges and the interest thereon shall have been paid, or a sufficient amount shall have been provided for their payment and shall continue to be held for that purpose, the municipality issuing such bonds shall cease to charge tolls for the use of such bridge or bridges; and thereafter such bridge or bridges shall be free unless tolls are required for maintaining, repairing, and operating such bridge or bridges due to the lack of funds from other sources than tolls. Such provisions shall not apply to common carriers, transportation companies, bus lines, and any one transporting passengers or freight for hire, but shall apply only to the use of highway portion of bridge by traveling public and, as respects any other use, the municipality may continue to fix and collect such tolls and charges as it may deem in the public interest.
Codes, 1942, § 8460; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-27 - Remedies of bondholders and trustee

Any holder of any bonds issued under the provisions of this article or of any of the coupons attached thereto, and the trustee under the trust indenture, if any, except to the extent the rights herein given may be restricted by resolution passed before the issuance of the bonds or by the trust indenture, 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 or trust indenture, and may enforce and compel performance of all duties required by this article, or by such resolution or trust indenture, to be performed by the municipality, its governing body, or by the state highway commission, or any officer thereof, including the fixing, charging, and collecting of tolls for transit over such bridges.
Codes, 1942, § 8461; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-29 - Contributions

Any municipality, in addition to the revenues which may be received from the sale of bridge revenue bonds and from the collection of tolls and other bridge revenues derived under the provisions of this article, shall have authority to receive and accept from any federal agency, state, state agency, municipality, municipal agency, or other political subdivision grants for or in the aid of the construction or acquisition of any bridge, and to receive and accept contributions from any source of either money or property or other things of value, to be held, used, and applied only for the purpose for which such grants and contributions may be made.
Codes, 1942, § 8462; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-31 - Competing bridges and ferries

No bridge for the use of the traveling public located as provided in Section
65-25-3
shall hereafter be constructed and operated by any county, municipal corporation, or political subdivision of the state, or by any person, copartnership, association, or corporation, and no franchise shall hereafter be granted for the operation of a ferry within fifteen miles of any toll bridge for the acquisition or construction of which bridge revenue bonds shall have been authorized under this article, except under a written permit granted by the state highway commission. No such permit shall be granted by the state highway commission until it shall ascertain by an investigation, including a hearing upon such notice and under such rules as the commission may prescribe, that there is an urgent public need for the operation of such bridge or such ferry, and that its operation will not affect the revenues of any bridge purchased or constructed under the provisions of this article so as to impair the security of any bridge revenue bonds issued for the acquisition or construction of such bridge.
Codes, 1942, § 8463; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-33 - General powers of municipalities

The governing body of any municipality issuing its bonds under the provisions of this article shall have power to make and enter into all contracts or agreements necessary or incidental to the execution of its powers under this article, may employ engineering, architectural and construction experts, inspectors, attorneys, and such other employees as may be deemed necessary, and may fix their compensation. All such compensation and all expenses incurred in carrying out the provisions of this article shall be paid solely from funds provided under the authority of this article, and no liability or obligation shall be incurred hereunder beyond the extent to which money shall have been provided under the authority of this article. Any municipality may exercise any powers which may be conferred upon it by acts of the Congress of the United States or any adjoining state in which a portion of such bridge may be located or which are necessary or convenient for the execution of its powers under this article. All public or private property damaged or destroyed in carrying out the powers granted under this article shall be restored or repaired and placed in its original condition, as nearly as practicable, or adequate compensation made therefor out of funds provided by this article.
The powers and duties of municipalities and the governing bodies thereof hereinabove enumerated in this article shall not be construed as a limitation on the general powers or duties of such municipalities or the governing bodies thereof. It shall be the duty of the governing body of any municipality issuing its bonds pursuant to the provisions of this article, in addition to the powers and duties enumerated in this article, to do and perform any and all things and acts necessary in the construction or acquisition, maintenance, and operation of any bridge to be constructed or acquired under the provisions of this article, to the end that such bridge or bridges may become and be operated free of tolls as early as possible and practicable, subject only to the express limitations of this article and the limitations of the other laws and constitutional provisions applicable thereto.
Codes, 1942, § 8464; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-35 - Bridge revenue refunding bonds

Any municipality is hereby authorized to provide by resolution for the issuance of bridge revenue refunding bonds of such municipality for the purpose of refunding any bridge revenue bonds issued under the provisions of this article and then outstanding. The issuance of such bridge revenue refunding bonds, the maturities and other details thereof, the rights of the holders thereof, and the duties of such municipality and of any other municipality or the state highway commission in respect to the same, shall be governed by the foregoing provisions of this article insofar as the same may be applicable, and by the following provisions:
(a)
No bridge revenue refunding bonds shall be delivered unless delivered in exchange for bridge revenue bonds to be refunded thereby, except in the amount necessary to provide for the payment of matured or redeemable bridge revenue bonds or bridge revenue bonds maturing or redeemable within three months, including any redemption premium thereon.
(b)
No bridge revenue refunding bonds shall be issued unless issued to refund bridge revenue bonds which have matured or will mature within six months, or unless the interest rate of the bridge revenue refunding bonds shall be at least one fourth of one percent (1/4 of 1%) less than the interest rate borne by the bridge revenue bonds to be refunded.
Codes, 1942, § 8465; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-37 - Bridges and bonds exempt from taxation

The exercise of the powers conferred by this article constitute the performance of essential governmental functions, and as bridges which are owned and operated by municipalities constitute public property used for public purposes, such bridges shall at all times be free from taxation within the state. No municipality shall be required to pay taxes or assessments upon any such bridge or any part thereof owned by it, whether located within or without the corporate limits of such municipality, and bonds issued under the provisions of this article, their transfer, and the income therefrom (including any profits made on the sale thereof) shall at all times be free from taxation within the state.
Codes, 1942, § 8466; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-39 - Article liberally construed

This article, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes hereof. But this article shall not be construed to repeal the laws under which any bridge has heretofore been constructed or operated by any county of the state and, as to such counties, the present laws shall remain in force and effect.
Codes, 1942, § 8467; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-41 - Debt limitations not to apply

Such bonds may be issued for the purpose herein and, regardless of the amount thereof, same shall not be subject to the limitations as to amount of bonded debt based upon amount of the assessed value of taxable property, in a municipality or county.
Codes, 1942, § 8469; Laws, 1938, ch. 283.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-43 - Bridge commission may be created

The governing authorities of any county or city of this state which has acquired or may hereafter acquire any combined railroad and highway bridge over the Mississippi River, as authorized by Sections
65-23-1
through
65-23-21
or Sections
65-25-1
through
65-25-41
, and has issued its bridge revenue bonds for the purpose of financing the cost of such acquisition may, by appropriate resolution, create a commission of not less than five nor more than seven members to manage the affairs of said bridge, said appointees to be qualified electors of such governing body of high character, integrity, and business acumen.
The board of supervisors of such county or the governing authority of such city may, by such resolution, prescribe the tenure of office of such commissioners (but no appointment shall be for a term exceeding five years), may prescribe the duties, powers and rights of such commission and provide for the reasonable compensation, if any, of such commissioners. Said resolution shall not impair or enlarge nor the acts of said commissioners thereunder increase or diminish the obligations of said governing body under the trust indenture or resolution under which the revenue bonds of such body were issued; and the acts of such commissioners shall regularly, and not less than four times each year, be reported to such governing body and be subject to its approval and concurrence.
Codes, 1942, § 8469.5; Laws, 1948, ch. 422, §§ 1-4.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-47 - Records of bridge operation kept separate

The governing body of such county or city shall cause to be kept separate minutes and records of the operation of such bridge properties available for public inspection, which minutes from time to time shall show the approval or disapproval of the actions of said commission. Concerning the management and operation of said bridge by the commission and the governing body of said city or county, there shall be no obligation on said commission, nor shall there be any general obligation on said city or county, other than from the revenues derived from the operation of said bridge properties and as may be set forth or provided for in the trust indenture or resolution under which the revenue bonds of such governing body were issued for the acquisition of said bridge properties.
Codes, 1942, § 8469.5; Laws, 1948, ch. 422, §§ 1-4.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-49 - Commission to manage certain bridges

The governing authorities of any county or city of this state which has acquired or may hereafter acquire any combined railroad and highway bridge over the Mississippi River, as authorized by Sections
65-23-1
through
65-23-21
or Sections
65-25-1
through
65-25-41
, and which has discharged the bridge revenue bonds which were issued for the purpose of financing the cost of such acquisition and has freed the bridge as to the vehicular portion thereof from tolls may, by appropriate resolution, create a commission of five members to manage the affairs of said bridge, said appointees to be qualified electors of such governing body of high character, integrity, and business acumen; and, if such governing body has already created a commission under the provisions of Sections
65-25-43
through
65-25-47
, then in lieu of creating another commission, the governing authorities of such county or city may, by order entered upon the minutes of such authority, continue the present commission in effect.
Codes, 1942, § 8469.5-01; Laws, 1966, ch. 315, § 1, eff. 6/15/1966.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-51 - Appointment, term, and compensation of members

The board of supervisors of such county or the governing authority of such city shall appoint the members of such commission. In making the first appointments, one (1) member shall be appointed for a term of one (1) year, one (1) member for a term of two (2) years, one (1) member for a term of three (3) years, one (1) member for a term of four (4) years, and one (1) member for a term of five (5) years. If the governing authorities shall elect to continue an existing commission in effect, then the order so providing shall reappoint the membership of such commission for varying terms of from one (1) to five (5) years, as hereinabove provided in cases of a newly established commission and, thereafter, their successors shall be appointed for a term of five (5) years. Said governing authorities shall, by resolution entered upon their minutes, prescribe the duties, powers, and rights of such commission and provide for the reasonable compensation, if any, of such commissioners. The acts of such commissioners shall regularly, and not less than four (4) times each year, be reported to such governing body and be subject to its approval and concurrence.
Codes, 1942, § 8469.5-02; Laws, 1966, ch. 315, § 2; Laws, 1975, ch. 392, § 1, eff. 3/24/1975.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-55 - Obligation in connection with operation of bridge

The governing body of such county or city shall cause to be kept separate minutes and records of the operation of such bridge properties available for public inspection, which minutes from time to time shall show the approval or disapproval of the actions of said commission. Concerning the management and operation of said bridge by the commission and the governing body of said city or county, there shall be no obligation on said commission, nor shall there be any general obligation on said city or county, other than from the revenues to be derived from the operation of said bridge properties.
Codes, 1942, § 8469.5-04; Laws, 1966, ch. 315, § 4, eff. 6/15/1966.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-57 - Limitation on costs of managing bridge properties

The said commission shall serve at the pleasure of the governing body of the political subdivision. Should said governing body not create the said commission, or should it determine following its creation to revoke the authority of and terminate the said commission, then the powers and authority hereby reposed shall vest in and be exercised by such governing body, the board of supervisors of said county or the governing authority of said city. Such governing body shall by appropriate order fix or approve the rules and regulations of the commission which shall assure that all the costs of administering the bridge properties shall be exclusively borne from bridge revenues and not from any funds derived from taxation; and said governing authority shall by appropriate order fix or approve the compensation, if any, of the commissioners and the extra fees and reasonable allowances to be paid to the clerk of said governing authority to reasonably compensate such clerk for the extra services and work hereby required. The combined total of all of such costs of administering and handling said funds, as above in this section particularized, shall not exceed seven and one-half percent (71/2%) of the aggregate sum of the funds received from such bridge revenues and regulated by the provisions hereof; if the commission not be created or be discontinued, such percentage shall be not more than five percent (5%), and no member of the board of supervisors or governing body of such municipality shall be authorized by Sections
65-25-49
through
65-25-61
to receive any additional compensation.
Codes, 1942, § 8469.5-05; Laws, 1966, ch. 315, § 5, eff. 6/15/1966.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-59 - Audit

The bridge commission shall be subject to the same type of audit as the boards of supervisors of the counties of the state.
Codes, 1942, § 8469.5-06; Laws, 1966, ch. 315, § 6, eff. 6/15/1966.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-61 - Law supplemental to other statutes

Sections
65-25-49
through 65-25-61 shall be in addition to and supplemental to all other laws pertinent to the operation of said bridge but, to the extent the subjects herein contained are covered in such prior enactments, the cited sections and the enactments hereof shall be deemed to supersede such former laws and enactments.
Codes, 1942, § 8469.5-07; Laws, 1966, ch. 315, § 7, eff. 6/15/1966.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 1 - MISSISSIPPI RIVER BRIDGE REVENUE BOND LAW (§§ 65-25-1 — 65-25-63) › Section 65-25-63 - Payment to municipality in lieu of taxes

The governing authorities of any county which has heretofore issued bridge revenue bonds or bridge revenue refunding bonds for the purpose of acquiring a combined highway and railway bridge over the Mississippi River as authorized under the provisions of Sections
65-25-1
through
65-25-41
may, in their discretion and in lieu of taxes, annually pay to any municipality of this state in which the portion of said bridge properties lying within the State of Mississippi are located a sum not exceeding that required to be paid and paid by way of ad valorem taxes for the year 1961 within or to a sister state or the political subdivisions thereof. Such payment or payments in lieu of taxes as are hereby authorized and as may be determined upon by the board of supervisors of any county owning such bridge, concurred in by any commission appointed under authority of Sections
65-25-43
through
65-25-47
, to have control over the affairs of said bridge, shall be made from any fund created by such bond resolution or indenture enabling the caring for of contingencies not otherwise provided for. However, in no event shall such payment or payments impair any debt service fund or debt service reserve fund or lessen the minimum amount by said bond resolution or indenture required to be carried in any debt service fund or debt service reserve fund created by said resolution or indenture.
The municipality, upon receipt of such payment or payments, must treat and account for the same just as though and as if such funds had been received from ad valorem taxation for general municipal purposes.
Codes, 1942, § 8469.7; Laws, 1962, ch. 264, §§ 1-3, eff. 5/25/1962.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 3 - ARKANSAS-MISSISSIPPI BRIDGE COMMISSION (§§ 65-25-101 — 65-25-107) › Section 65-25-103 - Effect of signing compact

The compact, when signed by the signatories of each state as herein provided, shall become binding upon the State of Mississippi and shall be filed in the office of the Secretary of State of Mississippi.
Laws, 1950, ch. 393, § 2, eff. 3/31/1950.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 3 - ARKANSAS-MISSISSIPPI BRIDGE COMMISSION (§§ 65-25-101 — 65-25-107) › Section 65-25-105 - Vacancies on commission

Vacancies occurring in the office of any appointed commissioner shall be filled by appointment by the Governor, by and with the advice and consent of the Senate, for the unexpired term.
Laws, 1950, ch. 393, § 3, eff. 3/31/1950.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 3 - ARKANSAS-MISSISSIPPI BRIDGE COMMISSION (§§ 65-25-101 — 65-25-107) › Section 65-25-107 - Congressional approval of compact

The commission shall have power to apply to the Congress of the United States for its consent and approval of the compact; but in the absence of such consent of Congress and until the same shall have been secured, the compact shall be binding upon the State of Mississippi in all respects permitted by law for the two States of Arkansas and Mississippi without the consent of Congress to cooperate, for the purposes enumerated in the compact and in the manner provided therein.
Laws, 1950, ch. 393, § 4, eff. 3/31/1950.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 4 - ARKANSAS-MISSISSIPPI GREAT RIVER BRIDGE CONSTRUCTION (§§ 65-25-121 — 65-25-129) › Section 65-25-123 - Representation on The Authority

The five (5) members to represent the State of Mississippi on The Authority for the Arkansas-Mississippi Great River Bridge Construction Compact shall be the Governor of the State of Mississippi and one (1) representative of the Mississippi State Highway Department and three (3) other citizens of the State of Mississippi to be appointed by the Governor. The appointive members shall serve for terms of four (4) years each. Vacancies shall be filled by the Governor for the unexpired terms.
Laws, 1985, ch. 357, § 2, eff. 3/19/1985.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 4 - ARKANSAS-MISSISSIPPI GREAT RIVER BRIDGE CONSTRUCTION (§§ 65-25-121 — 65-25-129) › Section 65-25-125 - Powers of members of The Authority and compact administrator

There is hereby granted to the members of The Authority for the State of Mississippi, and to the compact administrator, all the powers provided for in the Arkansas-Mississippi Great River Bridge Construction Compact Authority. All officers of the State of Mississippi are hereby authorized and directed to do all things falling within their respective jurisdictions, which are necessary or incidental to carrying out the purposes of the Arkansas-Mississippi Great River Bridge Construction Compact.
Laws, 1985, ch. 357, § 3, eff. 3/19/1985.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 4 - ARKANSAS-MISSISSIPPI GREAT RIVER BRIDGE CONSTRUCTION (§§ 65-25-121 — 65-25-129) › Section 65-25-127 - Ratification of compact; exchange of documents

When the Governor shall have executed said compact on behalf of this state and shall cause a verified copy thereof to be filed with the Secretary of State, and when said compact shall have been ratified by the State of Arkansas, then said compact shall become operative and effective as between the States of Arkansas and Mississippi. The Governor is hereby authorized and directed to take such action as may be necessary to complete the exchange of official documents between this state and the State of Arkansas with respect to ratifying said compact.
Laws, 1985, ch. 357, § 4, eff. 3/19/1985.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 4 - ARKANSAS-MISSISSIPPI GREAT RIVER BRIDGE CONSTRUCTION (§§ 65-25-121 — 65-25-129) › Section 65-25-129 - Authority to use monies in State Highway Department Fund to match federal funds

The State Highway Commission is authorized to use any monies in the State Highway Department Fund that are not appropriated or otherwise encumbered for any other purpose, to match federal funds that are made available for preliminary engineering of the Arkansas-Mississippi Great River Bridge or for any other project in connection with preliminary engineering, including environmental impact studies.
Laws, 1985, ch. 357, § 5; Laws, 1992, ch. 314 § 1, eff. 4/20/1992.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 25 - MISSISSIPPI RIVER BRIDGES (§§ 65-25-1 — 65-25-201) › Article 5 - MISSISSIPPI-LOUISIANA BRIDGE CONSTRUCTION [Repealed] (§ 65-25-201) › Section 65-25-201 - [Repealed]

Repealed by Laws, 1989, ch. 544, § 166, eff. 7/1/1989.
Laws, 1976, ch. 311.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-1 - Legislative declaration of purpose

It is hereby declared, as a matter of legislative determination, that the Tennessee-Tombigbee Waterway is one of Mississippi's basic resources, and that the utilization, development, conservation and regulation of such waterway is necessary to promote and enhance the balanced economic development of the state.
It is further determined and declared that the use, development, conservation and regulation of waters of the Tennessee-Tombigbee Waterway for domestic, municipal, commercial, industrial, agricultural and manufacturing purposes, for recreational uses, transportation, economic development, irrigation, navigation and pollution abatement are, as a matter of public policy, for the general welfare of the entire people of the state.
The provisions of this chapter are determined to be necessary and essential to the accomplishment of the aforesaid purposes, and that this chapter operates on a subject in which the state-at-large is interested.
Laws, 1976, ch. 492, § 1, eff. 5/25/1976.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-3 - Definitions

For purposes of this chapter, the following words and terms shall have the meanings ascribed herein unless the context shall otherwise require:
(a)
"General obligation bonds" shall mean bonds of the State of Mississippi, to the repayment of which, both as to principal and interest, the full faith, credit and taxing power of the State of Mississippi are irrevocably pledged until the principal and interest are paid in full.
(b)
"Highway Commission" shall mean the State Highway Commission.
(c)
"Bond commission" shall mean the state bond commission.
(d)
"Corps of Engineers" shall mean the United States Army Corps of Engineers.
(e)
"Bridge construction fund" shall mean the Tennessee-Tombigbee Waterway bridge construction fund as created by Section
65-26-25
.
(f)
"Bond retirement fund" shall mean the Tennessee-Tombigbee Waterway bridge bond retirement fund created by Section
65-26-9
.
Laws, 1976, ch. 492, § 2, eff. 5/25/1976.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-5 - Construction of bridges or tunnels by State Highway Commission; cooperation with federal government

(1)
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.
(2)
(a)
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.
(b)
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.
(c)
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.
Laws, 1976, ch. 492, § 3; Laws, 1977, ch. 348, eff. 3/14/1977.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-7 - Limitation on state expenditures; excess state expenditures

(1)
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.
(2)
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
.
(3)
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.
Laws, 1976, ch. 492, § 4; Laws, 1980, ch. 442, § 1, eff. 5/2/1980.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 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
.
Laws, 1976, ch. 492, § 6; Laws, 1980, ch. 442, § 3, eff. 5/2/1980.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-13 - Levy and disposition of state special improvement ad valorem tax in certain counties

(1)
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.
(2)
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.
(3)
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.
(4)
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.
Laws, 1976, ch. 492, § 7; Laws, 1980, ch. 442, § 4; Laws, 1986, ch. 506, § 5, eff. 4/23/1986.
Mississippi Code 1972 (2023) › Title 65 - HIGHWAYS, BRIDGES AND FERRIES (§§ 65-1-1 — 65-43-85) › Chapter 26 - TENNESSEE-TOMBIGBEE WATERWAY BRIDGES (§§ 65-26-1 — 65-26-39) › Section 65-26-15 - Issuance of negotiable general obligation bonds authorized; acceptance and use of other funds

(1)
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.
(2)
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.
(3)
Notwithstanding the foregoing provisions of this section, no general obligation bonds authorized herein shall be issued after April 23, 1986.
(4)
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.
Laws, 1976, ch. 492, § 8; Laws, 1980, ch. 442, § 5; Laws, 1986, ch. 506, § 6, eff. 4/23/1986.