A special election scheduled for March to renew a property tax funding a little-known Acadiana agency could face questions from the Lafayette City-Parish Council when it meets Tuesday. A discussion item on the Teche-Vermilion Fresh Water District is on the agenda.
The agency was created as part of the 1966 federal Flood Control Act and is charged with ensuring a fresh water supply in bayous Teche and Vermilion through a pumping station on the Atchafalaya River near Krotz Springs. In November, the CPC approved a resolution calling for a March 27, 2010 special election to renew a 10-year, 1.5 mills property tax for the district. The Army Corps of Engineers requires the district to have a $25 million cash reserve by 2012 for maintaining equipment and other purposes. According to its 2010 proposed budget, the district currently has just over $20 million in reserve cash. The property tax, according to the same budget, generates roughly $3.2 million in annual revenues.
The Teche-Vermilion Fresh Water District is governed by a five-member board and has an office on South College Drive in Lafayette.
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to offer shares of its stock to the public for the first time.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.