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MS SB3060
Bill
Status
2/24/2021
Primary Sponsor
Derrick Simmons
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AI Summary
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Authorizes issuance of up to $500,000 in state general obligation bonds to fund repair and renovation of four city parks in Greenville, Mississippi
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Allocates $125,000 each to Harty Park, Frisby Park, Rounds Park, and Maude Bryan Park
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Creates the "2021 City of Greenville Parks Repair and Renovation Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds may mature up to 25 years from date of issue and must be issued by July 1, 2025
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Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation
Legislative Description
Bonds; authorize issuance to assist City of Greenville in paying costs of repair and renovation of city parks.
Last Action
Died In Committee
2/24/2021