The Mississippi Fair Commission is hereby authorized and empowered, in its discretion, to declare by resolution the number and type buildings which need to be constructed and the type improvements that need to be made on the state fairgrounds, and file a certified copy of said resolution with the State Building Commission. If the State Building Commission believes such construction and improvements to be in the best public interest, and that receipts from admission to the State Fair reasonably shall be expected to produce sufficient revenues over a period not to exceed twenty (20) years to retire bonds issued to pay the cost of such improvements as well as the interest thereon, it may, in its discretion, approve the request of the Mississippi Fair Commission.
Structure Mississippi Code
Title 69 - Agriculture, Horticulture, and Animals
Chapter 5 - Fairs; Stock Shows; Improvement of Livestock
Article 1 - Mississippi Fair Commission and State Fair Grounds
§ 69-5-1. Mississippi Fair Commission created
§ 69-5-5. Executive secretary of Mississippi Fair Commission
§ 69-5-7. Headquarters of Mississippi Fair Commission
§ 69-5-8. "Kirk Fordice Equine Center" designated
§ 69-5-9. Effect of Sections 69-5-1 through 69-5-9 on livestock shows
§ 69-5-13. Requests for improvement of State Fair grounds
§ 69-5-15. Revenue bonds; issuance for improvement on state fair grounds
§ 69-5-17. Revenue bonds; sale, payment and redemption
§ 69-5-19. Revenue bonds; disposition of proceeds; additional bonds in case of deficit
§ 69-5-21. Revenue bonds; state not obligated by issuance
§ 69-5-23. Revenue bonds; negotiability
§ 69-5-25. Revenue bonds; sections constitute full authority for issuance; validation