Mississippi HB1728 authorizes the sale of specific real property in Biloxi by the Department of Finance and Administration.
Mississippi HB1728 authorizes the Mississippi Department of Finance and Administration to sell a specific piece of real property located at 1141 Bayview Avenue in Biloxi. The sale must be conducted at fair market value, determined by two certified appraisers. The property can be sold at public or private sale, for cash or other terms deemed appropriate by the department. Proceeds from the sale, after expenses, will be deposited into the State General Fund. The act takes effect upon passage.
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