Authorizes issuance of state general obligation bonds for Mississippi Valley State University improvements.
This bill authorizes the issuance of state general obligation bonds to fund construction and renovation projects at Mississippi Valley State University. The proceeds will be used for specific projects, including a new residence hall, and renovations of various buildings. The total bond issuance is capped at $126,063,270. The bonds will mature within 25 years and will be exempt from state taxes. The State Bond Commission will manage the bond issuance and disbursement of funds.
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