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MS SB2617
Bill
AI Summary
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Authorizes Delta State University to lease 55 acres of campus property (the Derrall Foreman Golf Course) in Cleveland, Bolivar County, for up to 40 years, with Board of Trustees approval
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Permits one 20-year renewal option at the lessor's discretion, with the property reverting to the university at lease end
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Restricts development to mixed-use improvements including a conference center, hotel, residential housing, parking, green space, par-three golf course, and fitness trails
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Grants Delta State faculty, staff, and students right of first offer on any residential housing before public availability
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Requires all lease proceeds be deposited in a special fund for Delta State University's use, with Mississippi retaining all mineral rights to the property
Legislative Description
Delta State University property; authorize lease of certain parcel in Bolivar County.
Last Action
Died In Conference
3/27/2017