(1) The following segments of highways located in the state of Mississippi are hereby designated as a scenic route:
The public road beginning at Interstate Highway 55 adjacent to the City of Coldwater, Mississippi, and thence along the Coldwater-Arkabutla Road in a Westerly direction, and thence turning in a generally Northerly direction from said road to and along a public road which crosses the Dam area of Arkabutla Lake, thence proceeding on the North side of such Dam area in a Westerly direction, thence proceeding in a Northerly direction to the community of Eudora and connecting with State Highway 304 and thence running in an Easterly direction along State Highway No. 304 through the City of Hernando to Interstate Highway 55.
(2)
(a) The State Highway Department may plan and erect suitable signs and markers along such route and along the interstate approaches to the area. Such signs shall be attractive and designed to invite and encourage tourism, recreation and camping in the area.
(b) The State Highway Department may establish and maintain rest and observation areas along the designated route and may invite the participation of and cooperate with any state, county or municipal agency to assist in the promotion and development of the scenic route hereinabove designated.