Authorizes Mississippi to issue bonds to fund repairs and renovations of municipal facilities in Itta Bena.
Mississippi House Bill 1833 authorizes the issuance of state general obligation bonds to fund the repair and renovation of municipal buildings and facilities in Itta Bena. The proceeds will assist the city in covering costs for projects at the library, police department, public works building, and L.T. Brazil Center. The State Bond Commission will act as the issuing agent, determining the form, sale method, and advertising for the bonds. The bonds will mature within 25 years, bearing interest at rates not exceeding statutory limits.
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