All improvements, constructed by and under the provisions of this article, shall be operated under the control of a port commission as provided in Chapter 1 of this title. All revenue created or collected from the use of said docks, harbors and facilities of whatsoever nature shall be paid into the city treasury of said port of entry to be used exclusively for the advancement, development and advertising of said port in whatsoever method or manner said port commissioners shall see fit, and all revenue provided for in this article, either by levy or collection from said docks and harbor facilities may be paid to the retirement of any bonds heretofore issued or hereafter issued by any such municipality for wharf construction or other port purposes, regardless of the time of issuance of such bonds. Said port commissioners of said port of entry shall make an annual report to the governor of the State of Mississippi, to the state legislature, to the board of supervisors, and to the municipal governing authorities.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 7 - County and Municipal Harbors
Article 1 - General Provisions
§ 59-7-5. Authorization of municipal harbor improvements
§ 59-7-7. Operation of improvements; disposition of revenues; annual report
§ 59-7-9. Expenditure of funds arising under article; bonds generally
§ 59-7-11. Authorization for issuance of bonds generally
§ 59-7-13. Details of bonds; supplemental powers and authorizations for issuance of bonds
§ 59-7-15. Conduct of bond issue election generally
§ 59-7-21. Disposition of proceeds from bonds; penalty for diversion; guarantee of payment