Prior to the authorization, issuance, and subsequent validation of bonds issued under this article, the issuing authority shall have secured the legal services of a competent practicing attorney or firm of attorneys. However, in no instance shall the attorney's fees paid for the issuance or refunding of such bonds exceed the following amounts, to-wit:
On all such bond issues the attorney's fees shall not exceed one percent (1%) of the first one million dollars ($1,000,000.00); one-half percent (1/2%) of all over one million dollars ($1,000,000.00) and not more than two million dollars ($2,000,000.00); and one-fourth percent (1/4%) of all amounts in excess of two million dollars ($2,000,000.00).
Structure Mississippi Code
Chapter 35 - Urban Renewal and Redevelopment
Article 5 - Off-Street Parking and Business District Renewal
§ 43-35-201. Municipal parking facilities; delegation of power, duties, and responsibilities
§ 43-35-202. Special parking facility taxing districts
§ 43-35-203. Revenue bonds; form; maturity; execution; interest
§ 43-35-205. Revenue bonds; sale
§ 43-35-207. Revenue bonds; negotiability; tax exemption
§ 43-35-211. Bonds payable out of net revenues; payments in lieu of taxes
§ 43-35-213. Covenants affecting security of bonds; bondholders' lien
§ 43-35-217. Validation of bonds
§ 43-35-231. Authority conferred by article cumulative
§ 43-35-233. Authority for issuance of bonds
§ 43-35-235. Appointment of additional members to board of urban renewal agency