MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Veterans and Military Affairs; Appropriations

By: Senator(s) Furniss, Rayborn, Jackson, White (5th), Mettetal

Senate Bill 2543

AN ACT TO AUTHORIZE THE VETERAN'S HOME PURCHASE BOARD TO PURCHASE OR LEASE-PURCHASE PROPERTY LOCATED IN HINDS, RANKIN OR MADISON COUNTY, MISSISSIPPI, AND TO CONSTRUCT AN OFFICE BUILDING THEREON; AND FOR RELATED PURPOSES. 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. The Veteran's Home Purchase Board is authorized to purchase or lease-purchase real property located in Hinds, Rankin or Madison County, Mississippi, and to construct an office building thereon for use by the Veterans' Home Purchase Board and the Veterans' Affairs Board. Such property shall not be purchased for more than the fair market value as determined by two (2) professional appraisers, selected by the Department of Finance and Administration, who are certified general appraisers of the State of Mississippi.

SECTION 2. This act shall take effect and be in force from and after its passage.