Authorizes state bonds to fund construction of a museum and visitor center in Anguilla, Mississippi.
Mississippi SB3025 authorizes the issuance of state general obligation bonds to fund the construction of a museum and visitor center in the Town of Anguilla. The bonds, up to $300,000, will be issued by the State Bond Commission and proceeds will be deposited into a special fund. This fund will disburse the money to cover construction costs. The bonds will mature no later than July 1, 2030. The act also outlines the process for bond issuance, sale, and redemption, and specifies that the bonds are exempt from state taxes.
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