Bonds; authorize issuance to assist City of Cleveland in paying costs of extending Airport Terminal Road.

HB 780 authorizes Mississippi to issue state bonds to help the City of Cleveland pay for extending Airport Terminal Road at Cleveland Municipal Airport. The bonds, backed by the state's full credit, would be sold by the State Bond Commission, with proceeds placed in a special fund exclusively for this airport infrastructure project. The city would use these funds to cover construction costs, and the state would repay the bonds from general state funds if needed. This is a direct financial assistance measure for a specific local infrastructure improvement.