$110 million for projects statewide

Baton Rouge: The State Bond Commission approved over $110 million for projects statewide and over $8 million in savings by refinancing existing public debt at its January 17th meeting, according to State Treasurer John Kennedy.

“Calcasieu Parish School Board received approvals to refinance four series of General Obligation Public School Improvement Bonds which will save over $1.7 million,” said Treasurer Kennedy. “Three other school districts received bond refinance approvals today as well: The Caddo Parish School Board will save $1.6 million, Lafourche Parish School Board will save $986,000 and St. Tammany Parish School Board will save $1.3 million.”
Among the individual projects the Bond Commission approved are:
• East Baton Rouge Parish, East Baton Rouge Sewerage Commission, Department of Environmental Quality Project, $45 million in Revenue Bonds: To construct sewers and sewerage disposal works.
• Jefferson Parish, Jefferson Parish Council, Consolidated Sewerage District No. 1, $678,000 in Sewerage Certificates: For sewerage improvements.
• LaSalle Parish, Louisiana Public Facilities Authority, Louisiana Pellets, Inc. Project, $35 million in Solid Waste Disposal Facility Revenue Bonds: For the construction and equipping of solid waste disposal facilities consisting of a biomass wood pellets production plant.
• Livingston Parish, Juban Crossing Community Development District, $30 million in Sales Tax Revenue Bonds: For operation and maintenance of roads and bridges; Construction of drainage and flood prevention works; General infrastructure improvements; Funding a deposit for a debt service reserve fund; Paying capitalized interest.
• Webster Parish, Fire Protection District No. 10, $190,000 in Certificates of Indebtedness: To acquire fire protection equipment.
• Winn Parish, Village of Calvin, $120,000 in Certificates of Indebtedness: For improvements to the waterworks system, including completion of a water well and ground storage tank.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s