Bill Text: MS SB3104 | 2019 | Regular Session | Introduced
Bill Title: City of Vicksburg; authorize to enter 20-year lease agreements for improvement of waterfront area park and amenities.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2019-03-29 - Died In Committee [SB3104 Detail]
Download: Mississippi-2019-SB3104-Introduced.html
MISSISSIPPI LEGISLATURE
2019 Regular Session
To: Local and Private
By: Senator(s) Hopson
Senate Bill 3104
AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF VICKSBURG, MISSISSIPPI, TO ENTER LEASE AGREEMENTS FOR A PERIOD OF UP TO 20 YEARS FOR THE PURPOSE OF IMPROVEMENTS TO THE WATERFRONT AREA PARK AND RELATED AMENITIES; TO APPLY SECTIONS 31-8-5 THROUGH 31-8-13, MISSISSIPPI CODE OF 1972, TO ANY LEASE AGREEMENT ENTERED UNDER THIS ACT; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The governing authorities of the City of Vicksburg, Mississippi, in their discretion, may enter lease agreements with any corporation, partnership, limited partnership, joint venture or individual, under which the city may agree to lease a facility for use by the lessor for a period of up to twenty (20) years for the purpose of improvements to the waterfront area park and related amenities. The provisions of Sections 31-8-5 through 31-8-13, Mississippi Code of 1972, shall apply to any lease agreement entered under this act.
SECTION 2. This act shall take effect and be in force from and after its passage.
