BATON ROUGE, LA – At the February 20 meeting of the State Bond Commission, local governments benefited from roughly $6.95 million in funding for public projects, according to State Treasurer John Kennedy.

“We signed off on a number of projects to improve necessary public services in five parishes,” said Treasurer Kennedy. “In addition to locally approved projects, we went to market this week to sell $225 million in bonds to repair rural roads in 37 parishes.”

Among the individual projects approved were:

Catahoula Parish, Catahoula Parish Police Jury, $325,000 in Certificates of Indebtedness, constructing a new roof for the parish courthouse.

St. Bernard Parish, St. Bernard Parish Council, $2.2 million in Limited Tax Certificates of Indebtedness, for acquiring, constructing and improving fire protection facilities and purchasing fire trucks and other equipment.

St. Mary Parish, Recreation District No. 3, $425,000 in Certificates of Indebtedness, for improving recreational facilities.

Natchitoches Parish, City of Natchitoches, $2.2 million in Taxable Revenue Notes, to finance a portion of constructing and furnishing a hotel directly opposite the Natchitoches Event Center.

Vernon Parish, City of Leesville, $1.8 million in Revenue Bonds, for the construction and renovation of fire stations including furnishing and equipment.

Contact:
Sarah Mulhearn
(225) 342-0012
smulhearn@treasury.state.la.us