(1) A facility to house the Mississippi Craft Center may be located within the corporate limits of Ridgeland, Mississippi.(2) Consideration for the purchase of the property described in subsection (1) of this section necessary for the construction of the facility to house the Mississippi Craft Center shall not exceed the average of the fair market price for such real property as determined by two (2) professional property appraisers selected by the Department of Finance and Administration and certified and licensed by the Mississippi Real Estate Appraisal Board. Appraisal fees shall be paid by the Department of Finance and Administration from the proceeds of the bonds issued pursuant to Chapter 501, Laws of 1997. Laws, 1997, ch. 501, § 2; Laws, 2000, ch. 457, § 1, eff. 4/19/2000.Amended by Laws, 2023, ch. 501, SB 2673,§ 21, eff. 7/1/2023.
Mississippi Legal Code