City of Tupelo; restore certain funding to be used by Northeast MS Regional Water Supply District for district operations.
Approved by Governor
Summary
The law reauthorizes financing for the Northeast Mississippi Regional Water Supply District to cover debt service and construction costs for water facilities serving municipal, residential, commercial and industrial users, notably the Wellspring Project. It permits the City of Tupelo to issue up to $53 million in general‑obligation bonds and imposes a 0.25% special sales tax to fund those bonds. The measure is intended to ease regional water shortages and support local economic development.
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