City of Hattiesburg; authorize to enter into a long-term lease agreement.

This bill authorizes the City of Hattiesburg, Mississippi, to enter into a long-term lease agreement for city-owned property. The lease term can last up to 30 years, giving the city flexibility to manage its assets through extended leasing arrangements. The legislation applies specifically to the city's governing authorities, who will have the discretion to negotiate and finalize lease terms. Once passed, the bill takes effect immediately, allowing the city to proceed with leasing decisions without further legislative approval for each individual lease.