Bonds; authorize issuance to assist Town of Metcalfe with repair and renovation of town park.

HB 417 authorizes the State of Mississippi to issue bonds to provide funds for the Town of Metcalfe to repair and renovate its town park. The bonds, backed by the state's full financial responsibility, would be sold by the State Bond Commission, with proceeds transferred to a special fund dedicated to the park project. The state guarantees repayment of the bonds using state treasury funds if needed, ensuring Metcalfe can complete the park improvements without financial risk. This bill directly affects Metcalfe by enabling park upgrades and the state by creating a bond obligation.