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MS SB2249

Bill

Status

Failed

2/27/2013

Primary Sponsor

William Longwitz

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Authorizes issuance of up to $2,000,000 in state general obligation bonds to assist the City of Ridgeland, Mississippi with road improvements

  • Funds will pay for widening Lake Harbour Drive to four lanes with a center turn lane from North Park Drive to U.S. Highway 51

  • Includes construction of a multi-use trail along Lake Harbour Drive from North Park Drive to U.S. Highway 51

  • Creates the "2013 City of Ridgeland-Lake Harbour Road Improvements Fund" within the State Treasury to hold and disburse bond proceeds

  • Bonds must be issued before July 1, 2017, with a maximum maturity of 25 years, and are exempt from all Mississippi state taxation

Legislative Description

Bonds; authorize the issuance of general obligation bonds to assist Ridgeland in the widening of Lake Harbour Road.

Last Action

Died In Committee

2/27/2013

Committee Referrals

Finance1/21/2013

Full Bill Text

No bill text available