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MS SB2788

Bill

Official Source

Status

Passed

3/29/2015

Primary Sponsor

David Parker

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Authorizes the City of Olive Branch, Mississippi governing authorities to contract for commercial, corporate, business or private enterprise naming rights on city park buildings and structures
  • Contracts may appear on buildings, literature, letterhead or other items as specified in the agreement
  • Contract terms may extend beyond the current term of office of the city officials who enter into the contract
  • Requires compensation to the city that represents fair and adequate consideration as determined by the governing authorities
  • Allows the city to negotiate and execute naming rights contracts using the same procurement methods authorized for professional services contracts

Legislative Description

City of Olive Branch; authorize contracts for naming rights for the city's park buildings and structures.

Last Action

Approved by Governor

3/29/2015

Committee Referrals

Local and Private Legislation3/9/2015
Local and Private1/19/2015

Full Bill Text

No bill text available