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MS SB3100

Bill

Status

Passed

4/25/2024

Primary Sponsor

Jennifer Branning

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Authorizes the Board of Directors of the Leake County Economic Development District to enter into a long-term lease agreement with East Central Community College for up to 8 acres of district-owned property in Leake County, Mississippi
  • Lease is intended for construction of a Workforce Training Center and consideration terms are to be determined by the parties
  • Lease term shall not exceed 50 years and may include renewal options
  • Lease shall automatically terminate and revert possession back to the Economic Development District if East Central Community College fails to make productive use of the property within one year of the lease effective date
  • Act takes effect upon passage

Legislative Description

Leake County; authorize lease between county economic development authority and East Central CC for workforce training center.

Last Action

Approved by Governor

4/25/2024

Committee Referrals

Local and Private Legislation4/12/2024
Local and Private3/22/2024

Full Bill Text

No bill text available