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MS SB3200
Bill
AI Summary
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Authorizes Issaquena County, Mississippi to participate in a project to design and install turbine(s) on barges in the Mississippi River to generate electricity for sale to utility companies
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Permits the county to finance the project through issuance of revenue bonds under Section 77-5-307, Mississippi Code of 1972
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Authorizes the county to form a nonprofit corporation with a board of directors appointed by the county's governing body to carry out the project
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Allows the county and/or nonprofit corporation to employ counsel for the project at a salary within the range allowed for legal assistants to district attorneys, with employment duration not exceeding the indebtedness period
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Requires all design, construction, and operation costs to be paid from project financing proceeds or operational revenues
Legislative Description
Issaquena County; authorize to participate in turbine project in Mississippi River.
Last Action
Died In Committee
4/28/2010