Whenever such bonds are issued by the bridge and park commission, the rates, fees, charges and tolls to be established for the use of any bridge or causeway or for the services or use of any of the facilities owned or operated by the commission, or to be received by it from concessionaires or lessees, and from the lease or sale of any lands under the control of the commission and other sources, shall be such as to produce an aggregate amount sufficient at all times to pay the cost of operation and maintenance of any bridge, causeway or other property or facility of the commission, to pay the principal of and the interest on all bonds issued by the commission as the same shall mature and accrue, and to provide adequate reserve and contingent funds.
Structure Mississippi Code
Title 55 - Parks and Recreation
Chapter 7 - Bridge and Park Commissions
§ 55-7-3. General grant of authority to certain municipalities and counties
§ 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
§ 55-7-25. 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
§ 55-7-45. 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