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MISCELLANEOUS STATUTORY PROVISIONS RELATED TO THE ISSUING OF BONDS OR OTHER DEBT 1. Code, §§ 17-3-9 through 17-3-19 provide that certain counties may issue bonds for convention centers. 2. Code, §§ 17-5-1 through 17-5-11 authorize municipalities and counties to jointly issue bonds for the construction, expansion, remodeling and/or maintenance and equipping of a jail and authorize counties with military camps to issue bonds for certain public works systems or activities. 3. Code, § 19-3-47, in part, specifies the maximum compensation which may be paid to the board attorney for bond work. 4. Code, § 19-9-21 prohibits the diversion of bond proceeds for a use other than that for which the bonds were issued. A willful diversion is a felony. 5. Code, § 19-9-23 specifies when and for what purpose the balance of bond proceeds may be used. 6. Code, § 19-9-25 establishes the conditions under which any excess in the bond and interest fund may be used to purchase outstanding bonds. 7. Code, §§ 19-9-29 and 27-105-315 direct the use and investment of surplus or excess moneys in bond and interest funds and other special funds. A U.S. Department of the Treasury Regulation has also been promulgated to cover investment of bond proceeds. 8. Code, § 27-105-367 outlines when and how surplus funds in the bond and interest fund and other special funds may be transferred. 9. Code, § 21-35-19 provides for authority to borrow for emergency expenditures under certain conditions. 10. Code, § 21-35-31 describes the requirement for annual audits. Note requirement for completing audit for current year before close of next succeeding fiscal year and filing with the Mississippi State Auditor within 30 days of completion. 11. Code, § 21-45-9 authorizes the issuance of tax increment revenue bonds. 12. Code, § 27-7-15 provides for exclusion of interest on obligations of the State and political subdivisions thereof from Mississippi income taxes. 13. Code, § 27-31-1(u) provides for an exemption from ad valorem taxes for any county bonds. 14. Code, § 27-105-367 provides for the handling of surplus moneys in a bond and interest fund and the disposition of same when the bond issue has been retired. 144
15. Code, §§ 31-13-1 through 31-13-11 discuss validation of public bonds—the role of the State Bond Attorney, the actions taken by the Chancery Court, the "stamping" of validated bonds, the payment of court costs, and the State Bond Attorney's fees and expenses. 16. Code, §§ 31-17-45 through 31-17-59 discuss repurchase, retirement, and cancellation of bonds and repayment of unused funds by the bond paying agent. 17. Code, § 31-19-1 specifies that bonds must be issued on the serial payment plan (unless otherwise authorized). 18. Code, § 31-19-5 specifies the conditions under which the proceeds received from the sale of bonds, notes, and certificates of indebtedness may be invested. 19. Code, § 31-19-7 confirms the validity of the execution of bonds signed by officials no longer in office at the time of the sale or delivery of bonds. 20. Code, §§ 31-19-9 and 31-19-11 specify the procedure for bond payments. 21. Code, § 31-19-25 establishes the procedures for advertisement and sale of bonds. This provision requires public sale of bonds unless private sale is authorized. 22. Code, § 31-19-33 specifies that legal actions related to payment of bonds and coupons must commence within twenty (20) years after the maturity date of the bonds. 23. Code, §§ 31-21-1 through 31-21-7, the Registered Bond Act, provide for the registration of bonds in order to bring Mississippi bond laws into conformance with federal legislation, the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA). This statute also affects the methods of execution and preparation of bonds. 24. Code, §§ 31-23-51 through 31-23-69, the Mississippi Private Activity Bonds Allocation Act, establish regulations relative to the issuance of private activity bonds in order to bring Mississippi's bond laws into conformance with federal legislation, The Tax Reform Act of 1986 (Public Law 99-514). 25. Code, §§ 31-25-1 through 31-25-55, and 31-25-101 through 31-25-107, the Mississippi Development Bank Act, authorize counties to issue certain securities and to sell such securities to the Mississippi Development Bank to raise money for most of the purposes for which counties are authorized to issue bonds. 26. Code, §§ 31-27-1 through 31-27-25, the Mississippi Bond Refinancing Act, specify the authority and process under which counties may issue refunding bonds. Code, § 31-15-1 through 31-15-27 also provides refunding authority. 27. Code, § 19-9-9 requires that a board of supervisors must annually levy a special tax upon all of the taxable property within the county sufficient to provide for the payment of the principal of and interest on its bonds. 145
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County Government in Mississippi Fi
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© 2015. All rights reserved. No pa
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Technical assistance is provided on
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CONTRIBUTORS Michael T. Allen found
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University. Gallardo is interested
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director and eventually county admi
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CONTENTS Chapter 1: Historical and
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County Road System Map and Register
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Transfer of Surplus Funds .........
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Major Steps in the Process for Issu
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Conclusion ........................
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Brownfield Assessment Grant .......
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CHAPTER 1 THE HISTORICAL AND CONSTI
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odies vary, “board of commissione
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escaped being named Washington by a
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county offices throughout the state
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CHAPTER 2 USING THE MISSISSIPPI COD
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Using the Internet You can also fin
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Qualifications The Constitution 10
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REMOVAL FROM OFFICE As is the case
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absent or disabled, the board may e
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addition to the “public notice of
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the purpose of offering county owne
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preservation and disposition of cou
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With regard to justice courts, the
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POWERS REGARDING ARTS, RECREATION,
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POWERS REGARDING INDUSTRIAL DEVELOP
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40 Code, § 25-3-13. 41 Code, § 25
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143 Code, § 19-5-43. 144 Code, §
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CHAPTER 4 THE DISTRICT AND UNIT SYS
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Job Descriptions Written job descri
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Four-Year Road Plan 5 Each member o
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comply. Violations of any order of
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9 Code, §§ 19-2-11 and 19-2-12. 1
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• “Meeting” is any gathering
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Open Meetings Cases Case No. M-15-0
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• Public body must give notice to
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certain discovery in the course of
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“Relative” is the public servan
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THE COMPLAINT PROCEDURE FOR THE MIS
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In the event a public servant does
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• Appointees to offices required
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material financial interest in the
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14-036-E A towing service owned by
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payments, and the corporation recei
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Circuit Clerks her position to bene
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CHAPTER 6 OTHER MAJOR COUNTY OFFICI
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shall forward the fee and all neces
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(iii) (iv) (v) (vi) Death caused by
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e given three (3) months from the d
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Another log that must be kept by th
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The assessor and tax collector must
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appoint the chancery clerk to serve
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whose bids have been accepted by th
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of personnel engaged in the work of
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90 Code, § 19-4-7. 91 Ibid. 92 Ibi
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BUDGETING 1 A budget is a plan of a
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Budget Calendar Date May Board Meet
Page 117 and 118: The clerk of the board of superviso
Page 119 and 120: until there is sufficient money in
Page 121 and 122: and for the recovery of the value o
Page 123 and 124: Therefore, all agricultural propert
Page 125 and 126: True value is defined in Code, § 2
Page 127 and 128: • For roads and bridges, as autho
Page 129 and 130: The board also has the authority to
Page 131 and 132: • Research facilities; • Corpor
Page 133 and 134: property. The term “warehousing b
Page 135 and 136: CHAPTER 9 PURCHASING W. Edward Smit
Page 137 and 138: The inventory control clerk must pe
Page 139 and 140: authority” shall not include econ
Page 141 and 142: method of information distribution
Page 143 and 144: contract, including a description o
Page 145 and 146: governing authority boards taking o
Page 147 and 148: Change Orders to Construction Contr
Page 149 and 150: (2) No individual member, officer,
Page 151 and 152: TYPES OF COUNTY BONDS AND DEBT Most
Page 153 and 154: Regional Economic Development Act B
Page 155 and 156: from the federal government to the
Page 157 and 158: notes. Three-fifths (3/5) of the qu
Page 159 and 160: 1. The governing authority, which w
Page 161 and 162: (examples of private parties for th
Page 163 and 164: amount of bonds proposed to be issu
Page 165 and 166: 12. Post-Closing County officials s
Page 167: 39. Pollution control facilities (C
Page 171 and 172: counsel's approving opinion is prin
Page 173 and 174: Paying Agent A bank or other instit
Page 175 and 176: CHAPTER 11 PERSONNEL ADMINISTRATION
Page 177 and 178: is violated, there should be specif
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Page 181 and 182: consecutive days, and no overtime c
Page 183 and 184: Fourteenth Amendments establish cer
Page 185 and 186: 18 15 U.S.C. § 1674(a). 19 Code,
Page 187 and 188: BASICS OF RECORDS MANAGEMENT Of cou
Page 189 and 190: months after the action is settled.
Page 191 and 192: 11 Common examples include certain
Page 193 and 194: The fourth step is to re-evaluate o
Page 195 and 196: Economic and social indicators must
Page 197 and 198: encompassed by the plan may be the
Page 199 and 200: Subdivision Regulations Subdivision
Page 201 and 202: CHAPTER 14 MUNICIPAL BOUNDARY EXPAN
Page 203 and 204: “all parties interested in, affec
Page 205 and 206: The Court refused to reading into t
Page 207 and 208: Though a dissenting opinion like th
Page 209 and 210: • one square mile of territory;
Page 211 and 212: • whether incorporation affects a
Page 213 and 214: Appeal The same rules apply to anne
Page 215 and 216: Post Combination Operation After th
Page 217 and 218: ADDENDUM I. Overview of Annexation
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d) Financial plan and department re
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H. Need for Zoning and Overall Plan
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Enjoy the Benefits of Proximity to
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D. The Petition - Legal Requirement
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2. Extension of Public Facilities a
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I. Past Performance 1. Time Frame f
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3. Motion for Expedited Appeal 4. O
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publication must be at least 30 day
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CHAPTER 15 THE ELECTORAL PROCESS W.
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The date for the first primary elec
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CONDUCT OF ELECTION The polls are r
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When the votes have been completely
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CHAPTER 16 THE COURT SYSTEM James L
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Municipal Courts are very important
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The Chancery Court handles equity c
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The clerks keep and maintain offici
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upon the viewpoint of the person in
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CHAPTER 17 COMMUNITY ECONOMIC DEVEL
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Regardless of the definition used,
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shown in table 2, each approach has
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prosper in it. This of course is ea
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Recruiting external industries to t
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equiring technical assistance the l
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Hatcher, William, Matt Oyer, and Ro
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EPA must designate areas as meeting
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GREENHOUSE GAS AND CLIMATE CHANGE G
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important roles that federal and st
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• A full environmental assessment
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those of the similar MDEQ program.
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23). This fund may receive monies f
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in small commercial buildings, rest
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Lamar, Madison and Rankin and any o
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Rubbish (Class I & II) Rubbish is n
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waste. 40 C.F.R. § 260 contains al
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areas, and improve planning and man
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guidelines, the EPA developed progr
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APPENDIX A ANNUAL AGENDA FOR MEETIN
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Amend budget as necessary. Code, §
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Last month to make certain repairs
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Receive tax assessor/collector’s
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Receive tax assessor/collector’s
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formula designated by the legislatu
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APPENDIX C SELECTED INFORMATION ON
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County 2013 Population 2 Beat/Uni
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APPENDIX D THE MISSISSIPPI ASSOCIAT
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ORGANIZATION MAS is governed by fiv
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APPENDIX E MISSISSIPPI ASSOCIATION
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APPENDIX G THE CENTER FOR GOVERNMEN
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• Assist the Office of the Secret
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