Authorizes state bonds to fund tennis court repair in Itta Bena, Mississippi.
Mississippi HB1825 authorizes the issuance of state general obligation bonds to fund tennis court repair and rehabilitation in Itta Bena, Mississippi. The proceeds from the bond sales will be deposited into a special fund, the "2026 City of Itta Bena Tennis Court Repair Fund," to cover the project costs. The bonds will mature within 25 years, bearing interest at rates not exceeding statutory limits. The State Treasurer will ensure timely payment of bond principal and interest.
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