BATON ROUGE, LA - The State Bond Commission approved $971 million for projects statewide and $53 million in interest savings, according to State Treasurer Ron Henson.

"We had several local governments and political subdivisions take advantage of favorable market conditions to refinance debt and save taxpayers money," said Treasurer Henson. "As a result we were able to save taxpayers $53 million."

Among the individual projects approved were:

Acadia Parish: $140,000 in Limited Tax Certificates of Indebtedness for the Consolidated Gravity Drainage District No. 1: for acquiring equipment for constructing, improving, maintaining and operating gravity drainage works.

Avoyelles Parish: $1.19 million in Sales Tax Refunding Bonds for the City of Marksville, resulting in a gross savings of $105,126.

Calcasieu Parish: $12 million in Public Improvement Revenue Bonds for the Town of Iowa for sewer and waste water system improvements.

Grant Parish: $550,000 in Taxable Utilities Revenue Bonds for the Village of Georgetown (DEQ Project) for improvements and additions to the combined water and sewer system.

Louisiana Community Development Authority: $29 million in Refunding Bonds for the City of Lake Charles Public Improvements Projects to refinance debt, saving $866,000 in gross savings.

Louisiana Community Development Authority: $300 million in Revenue Refunding Bonds for the Woman's Hospital Foundation Project, saving $46 million in gross savings and $19 million in net present value savings.

Louisiana Community Development Authority: $4 million in Revenue Bonds for the University of Louisiana Monroe Facilities, Inc. - Brown Stadium Project for the renovation and construction of Brown Stadium and adjacent parking.

Louisiana Public Facilities Authority: $75 million in Revenue Bonds for the Ochsner Clinic Foundation Project to make improvements to medical and related facilities.

New Orleans Aviation Board: $380 million in General Airport Revenue Bonds for the New Orleans Aviation Board for the completion and expansion of the North Terminal Project at the Louis Armstrong New Orleans International Airport.

New Orleans Aviation Board: $85 million in General Airport Revenue Refunding Bonds for the North Terminal Project, resulting in gross savings of $1.973 million and present value savings of $1.1 million.

New Orleans Aviation Board: $70 million in General Airport Revenue Refunding Bonds for the North Terminal Project, resulting in gross savings of $3.5 million and $2.5 million in net present value savings.

Sabine Parish: $1.095 million in Taxable Sewer Revenue Bonds for the Town of Zwolle (DEQ Project) for sewer and water system improvements.

St. Martin Parish: $700,000 in Certificates of Indebtedness for the Village of Parks for constructing, acquiring, renovating and improving a new city hall, including equipment and fixtures.

St. Tammany Parish: $11.15 million in Utility Revenue Bonds for the City of Slidell for utility system improvements.

St. Tammany Parish: $2 million in Taxable Sales Tax Bonds for the Town of Pearl River (DEQ Project) for sewerage and water system improvements.