Any county which is within the territorial limits of the district may grant or advance funds to said district to pay the preliminary expenses, including engineers' reports, attorney fees, organization or administration expenses, on such terms of repayment as the governing body of such county shall determine. Notwithstanding the provision of any law to the contrary, any such county is authorized and empowered to borrow money for a period not to exceed one (1) year from the date of such borrowing, for the purpose of making such grants or advances. The board of directors is hereby authorized to repay any such advances from the proceeds of any funds for bonds issued under the provisions of this chapter. The said district is authorized to expend all funds coming into its depository for any legitimate purpose authorized by this chapter.
Structure Mississippi Code
Title 55 - Parks and Recreation
Chapter 19 - Bienville Recreational District
§ 55-19-1. Creation of district authorized; member counties
§ 55-19-3. Resolution of intention as to county participation in district
§ 55-19-9. Effect of failure to levy tax
§ 55-19-11. Declaration of creation of district
§ 55-19-13. Addition of counties to district; amount of tax levy
§ 55-19-14. Reduction of tax levy
§ 55-19-15. General powers and authority of district
§ 55-19-17. Borrowing of money and issuance of bonds generally
§ 55-19-23. Trust agreement as security for bonds
§ 55-19-25. Investment in bonds; bonds as security for deposits
§ 55-19-29. Receipt and disbursement of gifts, grants and bequests
§ 55-19-31. Assessment and collection of taxes; annual budget
§ 55-19-33. Bond of district directors and employees
§ 55-19-35. Relocation of federal roads, highways, parkways or facilities
§ 55-19-37. Joint activities with other governmental organizations
§ 55-19-39. Construction contracts
§ 55-19-41. Effect of restrictions in other laws
§ 55-19-43. Exemption from taxation of projects or bonds
§ 55-19-45. Grants or advancements of funds by counties