Bonds; authorize issuance to assist City of Greenville with repair and renovation of city parks and golf course.

HB 418 authorizes Mississippi to issue state bonds to provide funds for the City of Greenville to repair and renovate its city parks and the Greenville Municipal Golf Course. The state will sell these bonds through the State Bond Commission, and the proceeds will be transferred directly to the city for these specific projects. The state guarantees repayment of the bonds from its treasury if needed, ensuring the city can cover the costs without immediate local tax increases.