The Department of Finance and Administration, at one time or from time to time, may declare by resolution the necessity for issuance of general obligation bonds of the State of Mississippi to provide funds for construction, repairing, remodeling, equipping, furnishing, adding to or improving the capital facility of the Mississippi Sports Hall of Fame and Dizzy Dean Museum authorized under Sections 39-17-1 through 39-17-9. Upon the adoption of a resolution by the Department of Finance and Administration, declaring the necessity for the issuance of any part or all of the general obligation bonds authorized by this section, the department shall deliver a certified copy of its resolution or resolutions to the State Bond Commission. Upon receipt of such resolution, the State Bond Commission, in its discretion, may act as the issuing agent, prescribe the form of the bonds, advertise for and accept bids, issue and sell the bonds so authorized to be sold, and do any and all other things necessary and advisable in connection with the issuance and sale of such bonds. The amount of bonds issued under Sections 39-17-101 through 39-17-127 shall not exceed Two Million Five Hundred Thousand Dollars ($2,500,000.00).
Structure Mississippi Code
Title 39 - Libraries, Arts, Archives and History
Chapter 17 - Mississippi Sports Hall of Fame and Dizzy Dean Museum
Construction, Repair, Remodeling, Equipping, Furnishing, Adding to or Improving Capital Facility
§ 39-17-103. Form and terms of bonds
§ 39-17-105. Execution of bonds and coupons
§ 39-17-109. State Bond Commission to issue bonds; sale and redemption of bonds
§ 39-17-115. Deposit of proceeds of bonds into "Mississippi Sports Hall of Fame Fund"; use of funds
§ 39-17-117. Proceedings, conditions, etc., for issuance of bonds; bond issue resolution
§ 39-17-119. Validation of bonds
§ 39-17-121. Enforcement of rights of bondholders
§ 39-17-123. Bonds as legal investments and securities