47-5-56 - Lease of property; operating funds; disposal of income; transfer of property. - Mississippi Statutes

§ 47-5-56. Lease of property; operating funds; disposal of income; transfer of property.
 

The department shall lease to the Mississippi Commission on Wildlife, Fisheries and Parks for a period of twenty (20) years all timberlands in Quitman County for an annual rental of One Dollar ($1.00). The lands so leased to the Mississippi Commission on Wildlife, Fisheries and Parks shall be used and maintained as a public game and fish management area. Proceeds from the sale of the timber or from any forest management practice shall be deposited into the Lambert State Forest Revolving Fund created in Section 47-5-78. All costs associated with the management of timber shall be paid from the fund. The remaining funds shall then be deposited in the Prison Agricultural Enterprises Fund, as created in Section 47-5-66. Any timber needed in the building operations carried on by the department may be purchased by the department at a cost not to exceed the cost of the management of that timber. Upon the transfer of the real property described in Section 1 of Laws, 2001, ch. 517, to the Department of Wildlife, Fisheries and Parks, the department and the Mississippi Department of Wildlife, Fisheries and Parks may terminate or modify as appropriate any lease entered into under this section regarding such property. 
 

Sources: Laws,  1974, ch. 539, § 18; Laws, 1978, ch. 301, § 3; brought forward, 1981, ch. 465, § 30; reenacted and amended, 1984, ch. 421, § 1; reenacted, 1984, ch. 471, § 29; reenacted, 1986, ch. 413, § 29; Laws, 1988, ch. 504, § 15; Laws, 1992, ch. 506, § 11; Laws, 1996, ch. 337, § 2; Laws, 2000, ch. 362, § 1; Laws, 2001, ch. 517, § 2, eff from and after Mar. 30, 2001.