Mississippi SB2340 authorizes the sale or lease of state-owned property in Jackson, Mississippi, with specific conditions and rights reserved for the.
Mississippi SB2340 allows the Department of Finance and Administration to sell or lease state-owned real property at 1900 Woodrow Wilson Avenue in Jackson, Mississippi, on behalf of the Department of Public Safety. The sale or lease is subject to conditions, including the state's right to repurchase or terminate the lease if certain conditions occur within ten years. The state retains all oil, gas, and mineral rights to the property. All proceeds from the sale or lease are to be deposited into a special fund in the State Treasury for the benefit of the Department of Public Safety.
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- Core Provisions
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- Legal Framework
- Critical Issues
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