Barbour signs $422.8 million bond bill

April 7, 2011 3:03:00 PM

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JACKSON - Republican Gov. Haley Barbour has signed a $422.8 million bond bill to pay for needs at colleges, state agencies and for economic development projects. 

 

 

 

Lawmakers have said the bill includes more than 100 projects. It provides nearly $99 million for universities; $105.7 million for state agencies and $152.9 million for economic development. It also includes $20 million for bridge repairs and $5 million for railroad improvements. The bill also includes $50 million for a road project for the Toyota plant in northeast Mississippi. 

 

 

 

The state issues bonds to take on long-term debt for projects. 

 

 

 

Barbour signed the bill on Wednesday.