In the event any part of such lands, as are described in Section 59-9-29, are not used for port purposes, and navigation, commerce and fishing will not be impeded thereby, such county port authority may lease or sell the same to individuals, firms, or corporations, public or private, for industrial operations, on such terms and conditions and with such safeguards as will best promote and protect the public interest, and they are hereby authorized to transfer possession of, lease or sell any part or all of such lands by lease, deed, contract, or other customary business instrument. However, no such lease shall be executed for a term in excess of ninety-nine years from its date, and before execution of same any such lease, deed, or contract or other disposition shall be authorized by the affirmative vote of at least two-thirds (2/3) of the membership of such county port authority by order or resolution entered upon its minutes, which order or resolutions shall set forth the substantial terms of such lease, deed, contract, or other disposition. No such transaction shall be consummated until and unless the same be authorized by proper resolution of the board of supervisors, who shall join in the execution of any such instrument.
Structure Mississippi Code
Title 59 - Ports, Harbors, Landings and Watercraft
Chapter 9 - County Port Authority or Development Commission
§ 59-9-1. Declaration of public policy
§ 59-9-7. Creation of county port authority or development commission; composition; jurisdiction
§ 59-9-9. Appointment, oath, bond, and terms of office of members
§ 59-9-11. Organization; meetings
§ 59-9-13. Compensation of members
§ 59-9-17. General powers and authority of county; validation of prior acts
§ 59-9-19. Additional powers and authority of county
§ 59-9-23. Establishment and development of industrial parks
§ 59-9-25. Contracts for construction, maintenance, etc., of ports, facilities, etc.
§ 59-9-29. Jurisdiction over lands
§ 59-9-31. Lease or sale of unused lands for industrial purposes; authority and limitations
§ 59-9-33. Lease or sale of unused lands for industrial purposes; terms and conditions
§ 59-9-37. Issuance of bonds and interim certificates
§ 59-9-39. Attorney's fees for issuance of general obligation bonds
§ 59-9-43. Sale and disposition of proceeds of bonds issued under §§ 59-9-37 and 59-9-41
§ 59-9-45. Negotiability and taxation of bonds issued under §§ 59-3-37 and 59-9-41
§ 59-9-47. Proceedings for issuance and validation of bonds issued under §§ 59-9-37 and 59-9-41
§ 59-9-49. Levy of ad valorem tax for operating fund
§ 59-9-51. County-wide election on issuance of bonds under §§ 59-9-37 and 59-9-41
§ 59-9-53. Pledge of county credit and resources for payment of bonds; issuance of revenue bonds
§ 59-9-55. Investment of proceeds of bonds
§ 59-9-59. Joint bond issue; tax levy; collection and disposition of taxes
§ 59-9-61. Joint bond issue; control of facilities; collection and disposition of revenues
§ 59-9-63. Joint bond issue; powers and duties of counties and municipalities
§ 59-9-69. Additional general obligation bonds
§ 59-9-73. Negotiability and taxation of bonds issued under Sections 59-9-65 through 59-9-75
§ 59-9-77. Construction of chapter
§ 59-9-79. Validation of bonds
§ 59-9-81. Applicability of debt limitation