Q Does Section 37-7-301(t), which limits school district contracts “on a shared savings, lease or lease purchase basis for energy efficient services and/or equipment” to ten (10) years, apply to shared savings contracts and lease or lease purchase agreements connected with those contracts, other types of energy efficiency agreements, such as energy services and performance contracts and the lease purchase agreements connected with those contracts or to any lease or lease purchase agreement for energy efficient services and/or equipment?

A The fifteen (15) year maximum term provision under Section 31-7-14(2) would be applicable to energy performance contracts entered into by school districts and approved by MDA (Mississippi Development Authority). (Attorney General’s Opinion to Gelston, September 28, 2012)