47-5-1213 - Term limits on contracts for operation and construction of facilities; conveyance of facilities to state. - Mississippi Statutes

§ 47-5-1213. Term limits on contracts for operation and construction of facilities; conveyance of facilities to state.
 

The initial contract for the operation of a facility or for incarceration of inmates therein shall be for a period of not more than five (5) years with an option to renew for an additional period of two (2) years. Contracts for construction, purchase, or lease of a facility shall not exceed a term of twenty (20) years. Such contracts shall provide that the contractor shall convey the facility to the state, at the option of the state, for a total consideration of One Dollar ($1.00). Any contract for housing shall be subject to annual appropriation by the Legislature. 
 

Sources: Laws,  1994 Ex Sess, ch. 26, § 8, eff from and after passage (approved August 23, 1994).