Authorizes issuance of state bonds to fund street improvements in Ruleville, Mississippi.
This bill authorizes the issuance of state general obligation bonds to provide funds for the City of Ruleville, Mississippi, to cover costs associated with making improvements and upgrades to Byron, LF Packer, and Elm Streets. The proceeds from the bond sale will be deposited into the "2026 City of Ruleville Street Improvements Fund" within the State Treasury. The fund will be used to disburse money to the city for the specified street projects. The bonds will mature within 25 years and will be exempt from all state taxation.
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