Mississippi Code
Chapter 7 - Bridge and Park Commissions
§ 55-7-33. Issuance of bonds by commission generally

For the purpose of providing funds for the corporate purposes of the bridge and park commission, the commission shall have power to borrow money and to issue its bonds in evidence thereof, payable from the income and revenues derived and to be derived from the operation of any of the facilities acquired, owned and operated by the commission, including, without limiting, the generality of the rates, fees, charges and tolls to be charged for the use of any bridge or causeway or for the service and use of any facility operated by the commission, from any sums received from concessionaires and lessees, and from any sums received from the sale, lease or rental of real estate. Any indebtedness so created or any bonds so issued shall not become an obligation or liability of the municipality or of the county nor shall the power of taxation of said city or said county be pledged to the payment thereof nor shall any of the funds of the municipality or county be used or expended for the payment of any such bonds either as to principal or interest, except as hereafter set forth in this chapter. No limitations of indebtedness upon the issuance of bonds by any political subdivision, municipal corporation or county in the State of Mississippi shall apply to the bonds hereby authorized.

Structure Mississippi Code

Mississippi Code

Title 55 - Parks and Recreation

Chapter 7 - Bridge and Park Commissions

§ 55-7-1. Purpose of chapter

§ 55-7-3. General grant of authority to certain municipalities and counties

§ 55-7-5. Creation of commission; composition; qualifications, appointment, terms of office, oath, and bond of members

§ 55-7-7. Organization; vacancies; commissioners not to be pecuniarily interested in activities of commission; meetings

§ 55-7-9. Compensation of members of commission

§ 55-7-11. General powers of commission

§ 55-7-13. Acquisition of lands by commission; authorization

§ 55-7-15. Acquisition of lands by commission; confirmation of title to submerged lands

§ 55-7-17. Construction, operation, etc., of bridges, ferries, causeways, and tunnels by commission

§ 55-7-19. Improvement, etc., of lands acquired by commission

§ 55-7-23. Power to fix and collect rates, fees, charges and tolls for use of services and facilities

§ 55-7-25. Employment of personnel by commission

§ 55-7-27. Dredging, etc., of channels

§ 55-7-29. Acceptance of federal aid and assistance

§ 55-7-31. Disposition of revenues of commission

§ 55-7-33. Issuance of bonds by commission generally

§ 55-7-35. Imposition of tax levy for payment of bonds

§ 55-7-37. Division of ad valorem taxes on commission's property

§ 55-7-39. Details of bonds; execution and sale of bonds

§ 55-7-41. Security for payment of bonds generally

§ 55-7-43. Pledge of income, revenues and grants for payment of bonds; contents of bond issue resolution

§ 55-7-45. Pledge of or payments from revenue derived through Section 65-33-45

§ 55-7-47. Validation of bonds

§ 55-7-49. Rates, fees, charges, and tolls for services or use of facilities

§ 55-7-51. Enforcement of rights of bondholders

§ 55-7-53. Incorporation of islands into municipality

§ 55-7-55. Cooperation with other state entities

§ 55-7-57. Construction of chapter; authority and powers conferred

§ 55-7-59. Construction of chapter; cumulative and supplemental; repeal or impairment of other laws