Bill Text | History of Actions | Background | Title |
Description: City of Pontotoc; purchase an industrial enterprise and issue bonds for such purpose.
Bill Text: [Introduced]
| 1 | 03/23 (H) Referred To Local and Private Legislation;Ways and Means | |
| 2 | 03/27 (H) Died In Committee |
| Effective date | ||
| Disposition | Dead | |
| Deadline | None | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committees:
Principal Author: Montgomery (15th)
Title: AN ACT TO AUTHORIZE THE CITY OF PONTOTOC, MISSISSIPPI, TO ACQUIRE AN INDUSTRIAL ENTERPRISE AND REPAIR AND MAINTAIN SUCH ENTERPRISE; TO AUTHORIZE THE CITY TO ACQUIRE RAW MATERIALS TO BE USED BY SUCH ENTERPRISE; TO AUTHORIZE THE CITY TO PROVIDE WORKING CAPITAL FOR SUCH ENTERPRISE; TO AUTHORIZE THE CITY TO LEASE, SELL OR OTHERWISE DISPOSE OF THE ENTERPRISE; TO AUTHORIZE THE CITY TO ISSUE GENERAL OBLIGATION INDUSTRIAL BONDS IN THE AMOUNT OF $6,000,000.00 TO CARRY OUT THE PURPOSES OF THIS ACT; TO AUTHORIZE PONTOTOC COUNTY AND THE CITY TO ENTER INTO CONTRACTS AND AGREEMENTS BY WHICH EACH MAY CONTRIBUTE TAX REVENUES OR OTHER FUNDS NOT OTHERWISE OBLIGATED TOWARD THE PAYMENT OF THE BONDS ISSUED UNDER THIS ACT; AND FOR RELATED PURPOSES.
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2001/html/History/HB/HB1702.htm