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MS SB2220
Bill
AI Summary
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Authorizes $700,000 in state general obligation bonds to assist the Town of Monticello, Mississippi with two infrastructure projects
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Allocates $200,000 for construction of an additional bathhouse at Atwood Water Park
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Allocates $500,000 for construction of a frontage road for the U.S. Highway 84 Bypass
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Creates the "2022 Town of Monticello Infrastructure Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds must be issued by July 1, 2026, with a maximum maturity of 25 years, and are backed by the full faith and credit of the State of Mississippi
Legislative Description
Bonds; authorize to assist Town of Monticello in paying costs of construction of frontage road and Atwood Water Park bathhouse.
Last Action
Died In Committee
2/23/2022