MISSISSIPPI LEGISLATURE

2000 Regular Session

To: Local and Private

By: Senator(s) Tollison

AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF OXFORD, MISSISSIPPI TO CONTRIBUTE ANNUALLY TO THE OXFORD-LAFAYETTE COUNTY ECONOMIC DEVELOPMENT FOUNDATION OR TO ANY OTHER CORPORATION, FOUNDATION, ORGANIZATION, ASSOCIATION OR GROUPS, FOR THE NEXT FOUR MUNICIPAL FISCAL YEARS; AND FOR RELATED PURPOSES.

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

SECTION 1. The governing authorities of the City of Oxford, Mississippi, may contribute annually to the Oxford-Lafayette County Economic Development Foundation or to any other corporation, foundation, organization, association or groups, out of any available municipal funds, an amount not to exceed Fifty Thousand Dollars ($50,000.00) in each of the following fiscal years: the fiscal year ending September 30, 2001, the fiscal year ending September 30, 2002, the fiscal year ending September 30, 2003 and the fiscal year ending September 30, 2004.

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