Mississippi HB368 authorizes the issuance of state bonds for repair and renovation projects at Mississippi Valley State University.
Mississippi HB368 allows the State Bond Commission to issue general obligation bonds to fund repair and renovation projects at Mississippi Valley State University. The bonds, totaling up to $49,597,000, are exempt from state taxes. Funds are allocated for specific projects, including the Charles Lackey Recreation Center, Fielding L. Wright Math and Science Building, Leflore Residence Hall, Ratcliff Hall, and College Hall I. The bonds mature within 25 years and interest is paid semiannually or annually.
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