Authorizes issuance of state bonds to fund Bolivar County's Terrene Landing River Park project.
This bill authorizes the issuance of state general obligation bonds to fund the third phase of development of the Terrene Landing River Park project in Bolivar County, Mississippi. The proceeds from the bond sale will be deposited into a special fund, the "2026 Bolivar County Terrene Landing River Park Fund," and disbursed to cover project costs. The bonds will mature no later than July 1, 2030, and the total issuance is capped at $1.2 million. The bonds are exempt from state taxation and are considered legal investments for state trustees.
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