Local bonds approved
Fri, 2016-04-22 10:14
Roger Stouff
The Louisiana Bond Commission approved $128 million for projects statewide and approved more than $5 million in interest savings at its April 21 meeting, according to State Treasurer John Kennedy.
“We had a jam-packed agenda that benefitted towns across Louisiana,” Kennedy said. “We approved savings for taxpayers in Youngsville, Livingston, Lecompte, Lamourie, Woodworth and other areas of the state. It’s important to refinance this debt so that we can capture as much in savings as possible.”
Parish approvals were:
—$700,000 in General Obligation Refunding Bonds for the Water and Sewer Commission No. 4, saving taxpayers $68,643.
—$7.5 million in Sales Tax Refunding Bonds for the St. Mary Parish Council, saving taxpayers $228,479.
- Log in to post comments
