Bonds; authorize issuance to assist with paving roads.

HB 1985 authorizes the State of Mississippi to issue general obligation bonds to help the Town of Vardaman pay for paving roads within its limits. The State Bond Commission would sell these state-backed bonds, with proceeds deposited into a special fund for the town's road projects. The state pledges its full credit to repay the bonds, and if state funds are insufficient, the State Treasurer would cover shortfalls from the general treasury. This is a funding mechanism, not a direct road construction project, and it specifically targets Vardaman's infrastructure needs.