It is hereby determined that the creation of the district and the carrying out of its public functions and corporate purposes is, in all respects, a public and governmental purpose for the benefit of the people of the state and for the improvement of their health, safety, welfare, prosperity and security, that such functions and purposes are public purposes and that the district will be performing an essential governmental function in the exercise of the powers conferred upon it by this chapter. All obligations authorized to be issued by the district pursuant to the provisions of this chapter, together with interest thereof, income therefrom, and gain upon the sale thereof shall be exempt from all state and local taxes.
Structure Mississippi Code
Title 19 - Counties and County Officers
Chapter 31 - Public Improvement Districts
§ 19-31-3. Legislative findings
§ 19-31-17. Powers of district
§ 19-31-19. Special powers relating to public improvements and community facilities
§ 19-31-35. Enforcement of liens
§ 19-31-37. Compliance with public purchasing provisions of Title 31, Chapter 7
§ 19-31-41. Nonpayment, delinquency charges, and discontinuance of service
§ 19-31-47. Notice of establishment of public improvement district