Mississippi · 2026 Regular Session
An Act To Authorize The Department Of Finance And Administration, Acting On Behalf Of The Mississippi Department Of Public Safety, To Sell Or Lease The Highway Safety Patrol Headquarters Facility And Related Real Property Located At 1900 East Woodrow Wilson Avenue In Jackson, Hinds County, Mississippi, For Private Redevelopment; To Require That The Property Be Redeveloped Exclusively For Use As A Hotel, A Restaurant Or Both; To Require The Purchaser Or Lessee To Assume Full Financial Responsibility For Site Development, Including Demolition Of Existing Structures Not Needed For The Approved Redevelopment; To Require That Any Sale Be For Not Less Than Fair Market Value As Established By The Average Of At Least Two Licensed Appraisals And To Require Updated Appraisals When Necessary; To Require That Any Lease Be For Not Less Than Fair Market Rental Value As Established By Appraisal, To Authorize Periodic Rental Adjustments And Other Negotiated Lease Terms Including Potential Participation In Project Income, And To Require Reimbursement Of Appraisal Costs By The Lessee; To Require The Department, In Soliciting Requests For Proposals And Evaluating Proposed Uses, To Consider…
Died On Calendar (2026-02-16)