Miss. Code Ann. § 21-37-55

(1) A municipality with a population of one hundred thousand (100,000) or more according to the latest federal decennial census, may convey to its urban renewal agency, for a nominal price, land in a slum area, blighted area or urban renewal area to which it holds title. (2) As used in this section: (a) “ Urban renewal agency ” means an urban renewal agency created under Section 43-35-33 . (b) “Slum area,” “blighted area” and “urban renewal area” have the meaning ascribed to such terms in Section 43-35-3 .