Mississippi Code
Promotion of Projects for Treatment of Solid and Hazardous Wastes
§ 17-17-125. Covenants required of industries involved in construction or operation of waste treatment projects

Every agreement under either subsection (d) or (e) of Section 17-17-105 shall contain a covenant obligating the industry to effect the completion of the project if the proceeds of the bonds, including parity completion bonds, if any, prove insufficient, and each such lease/sale shall obligate the industry to make payments which shall be sufficient to:
Pay the principal of and interest on the bonds issued for the project;
Build and maintain any reserves deemed by the governing board to be advisable in connection therewith;
Pay the costs of maintaining the project in good repair and the cost of keeping it properly insured;
Provide proper, sufficient and adequate insurance to cover potential liability that could arise from project operation; and
Provide detailed plans to guarantee an environmentally sound operation and post-closure management of a project.

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