Bonds; authorize issuance to assist Petal School District with improvements to Herrington Road.

HB 959 authorizes Mississippi to issue state general obligation bonds to fund road improvements for the Petal School District. The bonds will provide money specifically for constructing and widening Herrington Road near the site of a proposed new Petal Elementary School in Petal. The state pledges its full credit to repay the bonds, and the bond proceeds will be transferred to a special fund for the district's use on this project. This bill directly affects the Petal School District by providing state funding for infrastructure supporting a new school.