Bill Text: MS SB3218 | 2024 | Regular Session | Engrossed
Bill Title: Hinds County; authorize to enter 30-year lease and finance 30-year certificates of participation for public safety facility.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2024-04-29 - Approved by Governor [SB3218 Detail]
Download: Mississippi-2024-SB3218-Engrossed.html
MISSISSIPPI LEGISLATURE
2024 Regular Session
To: Local and Private
By: Senator(s) Frazier, Horhn
Senate Bill 3218
(As Passed the Senate)
AN ACT TO AUTHORIZE THE BOARD OF SUPERVISORS OF HINDS COUNTY, MISSISSIPPI, TO ENTER INTO A BINDING LEASE AGREEMENT, LEASE-PURCHASE AGREEMENT OR GROUND LEASE, FOR A TERM NOT TO EXCEED 30 YEARS, FOR PURPOSES OF ACQUIRING, MAINTAINING, CONSTRUCTING OR EQUIPPING A PUBLIC BUILDING OR BUILDINGS AND RELATED FACILITIES FOR USE AS A LAW ENFORCEMENT AND PUBLIC SAFETY FACILITY OR DETENTION CENTER, INCLUDING, BUT NOT LIMITED TO, MAKING ASSOCIATED INFRASTRUCTURE IMPROVEMENTS AND ACCESS ROAD IMPROVEMENTS; TO PROVIDE THAT CERTIFICATES OF PARTICIPATION ISSUED BY THE COUNTY IN FURTHERANCE OF CONSTRUCTING THE LAW ENFORCEMENT AND PUBLIC SAFETY FACILITY OR DETENTION CENTER MAY BE FINANCED FOR A TERM OF UP TO 30 YEARS; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) As used in this act, the following terms shall have the meanings ascribed herein:
(a) "County" means Hinds County, Mississippi.
(b) "Board of supervisors" means the Board of Supervisors of Hinds County, Mississippi.
(2) For purposes of acquiring, maintaining, constructing or equipping a public building or buildings and related facilities for use as a law enforcement and public safety facility or detention center, including, but not limited to, making associated infrastructure improvements and access road improvements, the board of supervisors is authorized and empowered, in its discretion, to enter into a binding lease agreement, lease-purchase agreement or ground lease, for a term not to exceed thirty (30) years, otherwise under the terms provided in Title 31, Chapter 8, Mississippi Code of 1972.
(3) Certificates of participation issued by the county in furtherance of constructing the law enforcement and public safety facility or detention center may be financed for a term of up to thirty (30) years.
(4) This act shall be deemed to be full and complete authority for the exercise of the powers granted under this act and shall not be in derogation of any existing law of this state, but shall be considered additional, supplemental and alternative to any other authority granted by law.
SECTION 2. This act shall take effect and be in force from and after its passage.
