Condition precedent to board action

Miss. Code Ann. § 59-17-11, under State Inland Ports.

Miss. Code Ann. § 59-17-11

The board shall take no action in building, constructing, acquiring, or developing any state-owned inland port unless the Tennessee Valley Authority or other governmental agency agrees to furnish at least seventy-five percent (75%) of the cost of building, acquiring, constructing, or developing said port.