Bonds; authorize issuance to assist City of Clarksdale with improvements to Sasse Park.

HB 481 authorizes Mississippi to issue state general obligation bonds to provide funds for the City of Clarksdale to cover costs of improvements at Sasse Park. The bill creates a special fund for these bond proceeds, which must be used solely for park improvements, with the state pledging its full credit to repay the bonds. This is a funding mechanism for a specific local park project, directly affecting Clarksdale's ability to finance park upgrades.