The board shall take no action in building, constructing, acquiring, or developing any state-owned inland port unless the Tennessee Valley Authority or other governmental agency agrees to furnish at least seventy-five percent (75%) of the cost of building, acquiring, constructing, or developing said port.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 17 - State Inland Ports
§ 59-17-1. Short title; "board" defined
§ 59-17-3. Declaration of public policy
§ 59-17-7. Functions of board and inland port as essential governmental functions
§ 59-17-11. Condition precedent to board action
§ 59-17-15. Acceptance of grants and contributions by board
§ 59-17-19. Tax levy by counties for payment of bonds
§ 59-17-25. Organization of state inland port authority; oath and bond of members
§ 59-17-29. Setting aside or leasing of lands and facilities by board
§ 59-17-35. State bonds; issuance, terms, and conditions generally
§ 59-17-37. State bonds; negotiability; exemption from taxation
§ 59-17-39. State bonds; proceedings for issuance; validation
§ 59-17-41. State bonds; payment of principal and interest; limitation on amount issued
§ 59-17-43. State bonds; manner and price of sale
§ 59-17-45. State bonds; disposition of proceeds from sale
§ 59-17-47. Withdrawals from special fund for payment of bonds
§ 59-17-49. Disposition of net revenues, rents, and earnings from port or harbor
§ 59-17-51. Pledge of revenues, rents and earnings to payment of bonds; sinking fund
§ 59-17-55. Bonds as legal investments and security for deposits
§ 59-17-57. Representation of state bond commission by attorney general