As Amended
SEC. 31-8-11. Notice of intent to lease; protest; election; advertisement of lease
agreement; award of lease.
Before entering into any lease agreement pursuant to this chapter secured by a pledge of its full faith and credit,
the governing authorities of any county or municipality shall publish notice of their intention to receive suitable
proposals for the leasing of such buildings, facilities or equipment. Such notice shall specify the nature of the
proposed building, facility or equipment, the general geographic area in which the same is to be located, the term
of the proposed lease agreement, that the obligation to pay rentals during the primary term is to be a continuing
obligation of and a charge against the general credit and leasing power of the county or municipality, and the date
and hour on or before which such proposals may be received. Such notice shall be published by municipalities and
counties in the same manner as required for publishing notice of intention to issue general obligation bonds of the
county or municipality, as appropriate. If at least twenty percent (20%), or fifteen hundred (1500), of the
qualified electors of a county, whichever is less, or at least ten percent (10%), or fifteen hundred (1500), of the
qualified electors of a municipality, whichever is less, file a written protest with the appropriate governing
authorities, then an election shall be called by the county in the same manner as provided for the issuance of
county general obligation bonds in Sections 19-9-11 through 19-9-17, Mississippi Code of 1972, or by a
municipality in the same manner as provided for the issuance of municipal general obligation bonds in Sections
21-33-307 through 21-33-311, Mississippi Code of 1972, to determine whether or not the proposed lease
agreement may be executed by the county or municipality. The lease agreement shall be advertised for
competitive sealed proposals once each week for two (2) consecutive weeks in a regular newspaper published or
having a general circulation in the county or municipality of the governing authority. The date as published for the
proposal opening shall be not less than five (5) working days after the last published notice. The lease shall be
awarded to the person submitting the lowest and best proposal; however, all proposals may be rejected.
SOURCES: Laws, 1990, ch. 564, Sec. 6, eff from and after July 1, 1990.