Bond Commission Approves $135 Million For Lafayette Parish Projects
The Louisiana Bond Commission approved more than $278 million to be spent on dozens of projects statewide.
State Treasurer John Kennedy reported the funds, approved during the commission's December meeting Thursday, were primarily sourced from sales tax and/or revenue bonds.
"We approved financing for the construction of a new high school in Youngsville, the purchase of life-saving equipment in Caddo Parish and the building of new schools in Morehouse Parish," Kennedy said. "Each of these projects is important to communities in Louisiana."
The commission approved $900,000 in Sales Tax Bonds for the city of Carencro, I-49 Corridor Economic Development District for constructing roads, streets and other capital improvements.
More than $135 million ($80 million in Limited Tax Revenue Bonds and $55 million in Sales Tax Revenue Bonds) was approved for the Lafayette Parish School Board for among other projects, the construction of a new high school in Youngsville.
No other projects in Acadiana were approved during this month's Bond Commission meeting.