Bonds; authorize issuance to assist City of Petal with wastewater infrastructure improvements.

HB 935 would authorize Mississippi to issue state bonds to help the City of Petal fund construction and expansion of its wastewater infrastructure. This infrastructure is specifically required to transport wastewater to Hattiesburg’s sewer lagoon, addressing a connection need between the two cities. The state would repay the bonds using general funds if necessary, and bond proceeds would be used exclusively for these construction costs. The bill does not cover operational expenses or other projects beyond this infrastructure.