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MS SB2946
Bill
AI Summary
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Authorizes Lee County Board of Supervisors to establish the Sand Creek Wastewater Authority through a resolution and public hearing process to manage wastewater systems for member agencies.
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Initial member agencies consist of City of Saltillo, City of Baldwyn, Town of Guntown, and Lee County; additional public agencies in Lee County or adjacent counties may join with board approval.
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Authority governed by board of directors with one representative appointed by each member agency; board elects president, vice president, secretary, and treasurer to manage operations.
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Authority empowered to acquire, construct, operate and maintain wastewater systems; enter contracts with public agencies and private entities; establish rates and charges; and exercise eminent domain with Board of Supervisors approval.
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Authority authorized to issue revenue bonds and refunding bonds secured by pledged revenues from contracts and system operations; bonds are not backed by full faith and credit and exempt from state and local taxation.
Legislative Description
Sand Creek Wastewater Authority; create.
Last Action
Died In Committee
5/3/2012