MS SB2889

Authorizes issuance of up to $12,075,000 in state general obligation bonds to fund infrastructure projects in the City of Brookhaven, Mississippi

Creates the "2021 City of Brookhaven Projects Fund" in the State Treasury to hold and disburse bond proceeds

Funds allocated for specific projects including: Brookway Boulevard reconstruction ($5.5 million), I-55 roundabout improvements ($3.5 million), new sewer interceptor line ($900,000), wastewater treatment plant sludge disposal ($800,000), I-55 J-turn ramp improvements ($500,000), Brignall Well water system improvements ($450,000), new animal shelter ($200,000), traffic study ($125,000), and lagoon improvements ($100,000)

Bonds must be issued before July 1, 2025, with a maximum maturity of 25 years, and are backed by the full faith and credit of the State of Mississippi

Bond income is exempt from all Mississippi state taxation