State Bond Commission Approves Millions For Infrastructure Improvements
Some Acadiana communities will receive a boost in state funding for some much needed public improvements.
The Louisiana State Bond Commission approved more than $308 million for capital outlay and infrastructure improvement projects across the state today. In addition, State Treasurer John Kennedy reported $17.1 million in interest savings for the year.
"We approved projects across Louisiana," Kennedy said. "Because of these approvals, Breaux Bridge will improve its water system, Baton Rouge will work on its sewer structure and Lafayette will build fire stations. These are vital projects."
Projects that will be funded within Acadiana include:
- $3.5 million for the Acadiana Gulf of Mexico Access Channel in both Iberia and Vermillion Parishes, with an additional $5 million in new Priority 5 funding.
- $1.3 million for the construction of a new passenger facility terminal at the Lafayette Regional Airport in Lafayette Parish, with an additional $12.2 million in new Priority 5 funding .
- $30 million in Public Improvement Sales Tax Bonds for the city of Lafayette for various projects
- $1 million for road improvements in Vermillion Parish.
- $2.7 million in Revenue Bonds for the city of Breaux Bridge, Sales Tax District No. 1 for water system improvements set forth in the Master Plan.
- $225,000 in Limited Tax Revenue Bonds for the city of Breaux Bridge for acquiring vehicles and equipment.
- $250,000 for the installation of water and sewer lines in Scott along Apollo Road Extension in Lafayette Parish.
- $175,000 for upgrades to the Jeanerette Sewer Treatment Facility in Iberia Parish.
- $75,500 for upgrades to the Abbeville Sewer Collection System in Vermillion Parish.
- $1 million in Limited Tax Bonds for the city of Patterson for constructing and improving roads, streets, sidewalks and related easements and rights-of-way.
- $65,000 for the Boston Canal/Vermillion Bay bank stabilization in Vermillion Parish, with an additional $100,000 in new Priority 5 funding