The board of trustees may, in lieu of charging and collecting tolls or in combination with the charging and collection of tolls, levy or assess adjacent property owners or the different supervisors districts, municipalities, agencies, departments, or other instrumentalities assisting in the development of the works authorized herein with an amount of money which, together with other revenues, will provide sufficient funds to carry out the purpose of this chapter. All political subdivisions of this state are hereby authorized and empowered to make such agreements with the board of trustees as are necessary to carry out the purpose of this section. All assessments shall be voluntary and at the discretion of the party or governmental subdivision upon which the assessment is to be levied. All procedures, regulations, commitments, etc., shall be outlined in detail on a resolution by the board of trustees of the authority prior to acceptance by any political subdivision of this state and agencies, commissions, departments, and other instrumentalities thereof.
Structure Mississippi Code
Title 65 - Highways, Bridges and Ferries
Chapter 13 - Highway and Street Revenue Bond Authority
§ 65-13-5. Legislative determination
§ 65-13-9. Certain governmental bodies empowered to create or join authority
§ 65-13-11. Petition for creation of authority
§ 65-13-13. Notice of public hearing on petition
§ 65-13-15. Finding of public convenience and necessity
§ 65-13-17. Publication of resolution declaring intent to create authority
§ 65-13-19. Protest petition and election
§ 65-13-23. Appeals to circuit court
§ 65-13-29. Compensation of trustees
§ 65-13-31. Powers of the authority
§ 65-13-33. Authority to issue bonds
§ 65-13-35. Security for bonds
§ 65-13-37. General provisions for bonds
§ 65-13-39. Validation of bonds
§ 65-13-41. Bonds as legal investments for public funds
§ 65-13-43. Levy of assessments in lieu of tolls
§ 65-13-45. Authority may act jointly with other governmental bodies
§ 65-13-47. Bond interest tax exempt
§ 65-13-49. Construction contracts
§ 65-13-51. Designation of depository
§ 65-13-53. Cessation of tolls or assessments
§ 65-13-55. Authority's procedures to conform to constitutions