SB 3410

AN ACT TO AUTHORIZE THE MAYOR AND BOARD OF ALDERMEN OF THE CITY OF BRANDON, MISSISSIPPI, AND THE BOARD OF DIRECTORS OF THE WEST RANKIN UTILITY AUTHORITY TO JOINTLY OR INDEPENDENTLY ENTER INTO ONE OR MORE CONTRACTS OR AGREEMENTS WITH A DEVELOPER OR OPERATOR OF A DATA CENTER OR RELATED TECHNOLOGY FACILITY, AND WITH EACH OTHER, FOR THE PLANNING, DESIGN, CONSTRUCTION, INSTALLATION, OPERATION, AND MAINTENANCE OF WATER AND WASTEWATER INFRASTRUCTURE, WHERE SUCH DEVELOPER OR OPERATOR AGREES TO REIMBURSE THE CITY AND AUTHORITY, FROM THE DEVELOPER'S OR OPERATOR'S OWN FUNDS ON A PROGRESS PAYMENT BASIS, THE COSTS OF THE CITY AND/OR THE AUTHORITY OF CONSTRUCTING IMPROVEMENTS TO THEIR RESPECTIVE WATER AND WASTEWATER INFRASTRUCTURE FOR THE PURPOSES OF ENTERING INTO SUCH CONTRACTS OR AGREEMENTS; TO AUTHORIZE THE DELIVERY OF RECLAIMED WATER FOR COOLING, INDUSTRIAL, OR OPERATIONAL PURPOSES TO SUCH FACILITY AND THE COLLECTION AND CONVEYANCE OF WASTEWATER FOR TREATMENT AND DISPOSAL; TO AUTHORIZE SUCH AGREEMENTS FOR A PRIMARY TERM NOT TO EXCEED 30 YEARS, WITH OPTIONS TO RENEW; TO AUTHORIZE PROVISIONS FOR AGREEMENT ASSIGNABILITY, VOLUMETRIC CAPACITY GUARANTEES, AND THE ESTABLISHMENT OF RATES AND CHARGES; AND FOR RELATED PURPOSES.