Authorizes issuance of state bonds to fund MTrade Park expansion in Oxford, Mississippi.
Mississippi HB4092 authorizes the issuance of state general obligation bonds to provide funds for the City of Oxford to cover costs associated with the expansion of MTrade Park. The proceeds from the bond sales will be deposited into a special fund, the "2026 City of Oxford MTrade Park Expansion Fund," which will be used to pay for the expansion costs. The bonds will mature within 25 years, bear interest at a rate not exceeding state limits, and will be exempt from all state taxes.
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