Terrebonne Economic Development Group Winding Down
HOUMA, La. (AP) — The Terrebonne Parish Economic Development Authority is preparing to put itself out of business.
At a Friday board meeting, the authority committed to pass a streamlined budget aimed at ending its operations.
The Houma Courier reports that Terrebonne Parish President Michel Claudet (klaw-DAY') on Friday addressed the organization's board for the first time since he proposed stripping the organization of $600,000 from parish occupational licensing fees.
Claudet had numerous complaints about the authority. They included its lack of familiarity with state incentive programs and lack of follow-up on leads passed along by the parish administration.
The board committed to amending its budget at a Jan. 8 meeting after a committee has had time to discuss severances for authority employees and other matters pertaining to the organization going dormant.