Bonds; authorize issuance for construction of a dormitory at Coahoma Community College.

HB 327 authorizes Mississippi to issue state general obligation bonds to fund the construction, furnishing, and equipping of a new dormitory and related facilities at Coahoma Community College in Clarksdale. The bill directly affects Coahoma Community College students by providing new on-campus housing, and the college itself as the recipient of the construction funds. Key provisions include the State Bond Commission handling bond issuance and sale, with the full faith and credit of Mississippi pledged for repayment. Proceeds from the bonds would be transferred to a dedicated special fund for the college's construction project, with repayment secured through state treasury funds if needed.