(1) The Boards of Supervisors of Tate, Panola, Lafayette and Yalobusha Counties are authorized to form the Northwest Regional Alliance (NWRA) for the purpose of engaging in economic development projects in those counties.
(2) For purposes of this article, the terms “NWRA” and “alliance” mean the Northwest Regional Alliance created under this section.
(3) The Boards of Supervisors of Tate, Panola, Lafayette and Yalobusha Counties each are authorized and empowered to levy a tax pursuant to Section 57-64-53 or issue bonds pursuant to Section 57-64-55, or both, for the purpose of engaging in economic development projects of the NWRA, including land acquisition, road construction or improvements, and infrastructure development. The boards of supervisors of those counties each are authorized and empowered: to adopt any and all lawful resolutions, orders and/or ordinances; to execute such documents, contracts, leases, certificates and indentures; and to do and perform any and all acts and things not otherwise prohibited by law which are necessary, useful or convenient to aid and cooperate with the mission of the NWRA. Further, the boards of supervisors of those counties may appropriate funds to the NWRA from any available funds to assist the NWRA in carrying out the provisions of this article.