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

HB 111 authorizes Mississippi to issue state bonds to provide funding for repairs, upgrades, and infrastructure improvements at the Cleveland Municipal Airport in Bolivar County. The bill directly affects the City of Cleveland, which would receive these funds to cover costs for airport facility work. The key mechanism is the state's pledge of full credit to back these bonds, with proceeds specifically restricted to airport-related expenses. The bill does not alter existing tax policies or create new government programs beyond this targeted infrastructure support.