SB2895 - Economic development project; authorize county development authority to acquire and develop megasite for.

1 Co-Sponsor

An Act To Create New Section 57-31-35, Mississippi Code Of 1972, To Authorize The Acquisition And Development By A County Industrial Development Authority Or An Economic Development District Of At Least 800 Or More Contiguous Acres As A Megasite To Attract Significant Industrial Development Projects; To Provide For The Financing And Development Of Such Megasite Projects; To Amend Section 19-9-1, Mississippi Code Of 1972, To Authorize Any County Board Of Supervisors To Issue Negotiable Bonds Of The County To Raise Money For The Purposes Provided In This Act; To Amend Section 19-9-5, Mississippi Code Of 1972, To Exempt Indebtedness Incurred Under This Act From The County Debt Limit; To Amend Section 31-7-13, Mississippi Code Of 1972, To Exempt Purchases For Such Megasite Projects From Public Bid Requirements; To Amend Section 43-37-3, Mississippi Code Of 1972, To Exempt Any Person, Agency Or Other Entity Using Public Funds In Accordance With This Act From Certain Appraisal And Pricing Requirements; And For Related Purposes.