Bonds; authorize issuance to assist City of Cleveland with improvements to the Cleveland Municipal Airport.

HB 773 authorizes Mississippi to issue state general obligation bonds to fund repairs, upgrades, and infrastructure improvements at the Cleveland Municipal Airport in Bolivar County. The bill directly affects the City of Cleveland by providing state financial assistance for airport maintenance and development. Key provisions include creating a special fund for bond proceeds, designating the State Bond Commission to manage the bond sale, and pledging the full faith and credit of Mississippi to repay the bonds - ensuring state treasury funds cover any shortfalls. The airport's operations and local economy would be the primary beneficiaries of these infrastructure investments.