Regional Economic Development Act
Mississippi · Planning, Research and Development · §§ 57-64-1 to 57-64-9 · 17 sections
Overview
The Regional Economic Development Act authorizes local governments to join together in regional alliances that pursue economic development projects across jurisdictional boundaries, exercising jointly the powers each holds separately. It equips those alliances with financing and project-development tools — bond issuance, eminent domain, options to purchase real property, and preliminary engineering and environmental studies — and requires participating governments to enter written agreements containing prescribed terms, subject to official approval and filing. The act also provides for rulemaking, certificates of public convenience and necessity, and intergovernmental coordination, while framing these powers as supplemental to, rather than a replacement for, authority local governments already possess.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
Sections covered
- Miss. Code Ann. § 57-64-1Short title
- Miss. Code Ann. § 57-64-11Issuance of bonds
- Miss. Code Ann. § 57-64-13Joint exercise of power and authority by local governments
- Miss. Code Ann. § 57-64-15Powers with regard to issuance of bonds
- Miss. Code Ann. § 57-64-17Promulgation of rules and regulations
- Miss. Code Ann. § 57-64-19Intergovernmental cooperation and coordination; powers with regard to certain projects
- Miss. Code Ann. § 57-64-21Agreements under this chapter to include certain provisions
- Miss. Code Ann. § 57-64-23Agreements under this chapter to be approved by certain officers; agreements to be filed
- Miss. Code Ann. § 57-64-25Applicability of existing laws
- Miss. Code Ann. § 57-64-27Powers and authorities granted by this chapter additional and supplemental to existing powers; chapter does not authorize alliances to provide utility service other than water and sewage; chapter not a limitation on local authority to proceed with a project utilizing methods not included in this chapter
- Miss. Code Ann. § 57-64-29Authority of member of regional economic development alliance to negotiate purchase option for real property; preliminary engineering, environmental and related studies; costs
- Miss. Code Ann. § 57-64-3Declaration of public policy
- Miss. Code Ann. § 57-64-31Eminent domain
- Miss. Code Ann. § 57-64-33Repealed
- Miss. Code Ann. § 57-64-5Purpose
- Miss. Code Ann. § 57-64-7Definitions
- Miss. Code Ann. § 57-64-9Certificate of public convenience and necessity
Enacted in other states
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