As Amended
SEC. 17-17-101. Legislative intent as to promotion of projects for treatment of solid and hazardous wastes; certificate of public convenience and necessity.
It is the intent of the legislature by the passage of sections 17-17-101 through 17-17-135 to authorize municipalities to acquire, own and lease a project for the purpose of promoting the construction and installation of projects for the collection, treatment, processing, reprocessing, generation, distribution, recycling, elimination, or disposal of solid and hazardous waste products, as hereinafter defined, by inducing manufacturing and industrial enterprises, qualified persons, firms, or corporations to locate and construct said projects in this state. It is intended that each project be self-liquidating. Sections 17-17-101 through 17-17-135 shall be construed to conform with its intent. The powers hereby conferred upon the municipalities shall be exercised only after such municipality has obtained a certificate of public convenience and necessity from the Mississippi Board of Economic Development as provided in Sections 57-1-19, 57-1-21, 57-1-23 and 57-1-27; provided, however, that if a project is constructed solely with revenue bonds the board shall not be required to adjudicate that there are adequate property values and suitable financial conditions so that the total bonded indebtedness of the municipality, solely for the purposes authorized by sections 17-17-101 through essage:]|[group 17-17-135:]","Mississippi Code">17-17-135, shall not exceed twenty percent (20%) of the total assessed valuation of the property in the municipality.
SOURCES: Laws, 1981, ch. 527, Sec. 1, eff from and after July 1, 1981.