When the results of the election on the question of the issuance of such bonds shall have been canvassed by the election commissioners of such municipality and certified by them to the governing body of such municipality, it shall be the duty of such governing body to determine and adjudicate whether or not a majority of the qualified electors who voted thereon in such election voted in favor of the issuance of such bonds, and unless this is the case, then such bonds shall not be issued. Should a majority of the qualified electors who vote thereon in such election vote in favor of the issuance of such bonds, then the governing body of the municipality may issue such bonds, either in whole or in part, within two (2) years from the date of such election, or within two (2) years after the final favorable termination of any litigation affecting the issuance of such bonds, as such governing body shall deem best.
Structure Mississippi Code
Title 17 - Local Government; Provisions Common to Counties and Municipalities
Chapter 17 - Solid Wastes Disposal
Promotion of Projects for Treatment of Solid and Hazardous Wastes
§ 17-17-105. Powers as to establishment of projects
§ 17-17-107. Resolution for issuance of revenue bonds; notice of resolution; protest and election
§ 17-17-109. Notice of election
§ 17-17-111. Conduct of election
§ 17-17-113. Determination of election results; time of issuance of bonds
§ 17-17-115. Bond terms and specifications; validation
§ 17-17-117. Security for bonds
§ 17-17-121. Contracting for projects
§ 17-17-123. Finding of necessity required before project is financed
§ 17-17-127. Lease/sale agreements between municipalities and industries
§ 17-17-129. Use of bond proceeds; cost of project